Guyana's economy is soaring, with a 19. 3% growth in 2025. This is the sixth straight year of double-digit growth, but the oil sector, which has been the main driver, is slowing down. In 2025, oil grew by 21%, which is less than the 57. 7% growth in 2024. But other sectors like agriculture, mining,
Venezuela sits on a mountain of oil, the biggest in the world. But it's not the kind you want. This oil is thick, heavy, and full of sulfur. It's the kind that's harder to refine and worse for the environment. Before things went south, Venezuela was pumping out millions of barrels a day. Now, it's a
Kuwait Oil Company (KOC) is teaming up with Baker Hughes to boost oil and gas production. The deal focuses on advanced artificial lift systems, which help get more out of existing fields. The agreement is for several years and includes electrical submersible pumps (ESPs). These pumps are crucial fo
The U. S. oil industry is seeing a shift. Offshore drilling in the Gulf of Mexico is stepping into the spotlight. This change comes as onshore production slows down. Lower oil prices and aging shale fields are making it harder for onshore to keep up. New technology is making offshore drilling more
Gas prices were on a downward trend in the summer of 2025. By Memorial Day and July 4th, they hit a low not seen since 2021. The American Automobile Association noted a 30-cent drop per gallon compared to 2024. With winter approaching, hopes were high for even lower prices, offering a break from ris
The new tariffs on fuel imports from Canada might make some Americans reach deeper into their pockets at the gas pump. Gas prices could go up in the Northeast and on the West Coast, but not right away. The tariffs are 25% for most imports, but only 10% for energy products. The Uni
Did you know that small farmers are the backbone of the palm oil industry? They produce more than 40% of the world's palm oil, which is both beloved and criticized. There's been a lot of talk about how palm oil affects the environment and communities, so programs have been created to help small farm
Exxon Mobil just had a quarter to remember, but not everything is rosy. The oil giant hit a production high not seen in over four decades, pumping out 3. 2 million barrels of liquids daily. However, profits took a dip, falling about 5% compared to the same time last year. Why? Blame it on refining m
