Guyana. sales of hybrid SUVs and other fuel efficient vehicles will prove interesting to watch this year, especially if fuel prices remain relatively low. Expert predictions about where oil and gas prices are headed vary widely. MORE

Exxon Mobil Corporation will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The development received regulatory approval from the government of Guyana. Hess Guyana Exploration Ltd. MORE

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. Despite much naysaying and attacks against this process, I am confident that Guyana is on the right path. MORE

For example, poverty-stricken countries facing a higher diabetes-pollution risk include Afghanistan, Papua New Guinea and Guyana, while richer countries such as France, Finland and Iceland experience a lower risk. A study by a team from Washington University School of Medicine in St. Louis and the Veterans Affairs (VA) St. Louis Health Care System links PM 2.5 pollution—even at levels deemed safe—to an increased risk of diabetes globally. MORE

In Guyana, ExxonMobil recently announced the 13 th discovery on the Stabroek block, adding to the previously estimated 5.5 Guyana’s first oil production is on track for early next year, five years after discovery. ExxonMobil is progressing growth plans to increase its earnings and cash flow potential while researching technology breakthroughs to reduce emissions, Chairman and CEO Darren Woods said during the company’s annual meeting today. MORE

Exxon Mobil Corporation said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 Hess Guyana Exploration Ltd. MORE

Other significant new proved reserve additions were made in Guyana, where the company funded the first phase of development last year, and in Mozambique, associated with the project funding of the Coral FLNG project in the gas-rich deepwater Area 4. Offshore Guyana, ExxonMobil has discovered recoverable resources, including current proved reserves and additional resources, estimated to be 3.2 Additional exploration drilling in Guyana is planned in 2018 on the 11.5 MORE

The two will install the units for a bioethanol demonstration plant at the Guyana Sugar Corporation (Guysuco) Albion Sugar Factory, and will be delivering a turnkey unit early next year. Completely reliant on imported oil as a key source of energy, the Government of Guyana, through its Agriculture Sector Development Unit (ASDU), is turning to bioethanol as a source of fuel. After detailed studies it was concluded that locally produced biofuels could have a positive impact in Guyana. MORE