Chevron to buy Hess Corp for $53 bln in all-stock deal

Chevron to buy Hess Corp for  bln in all-stock deal

Chevron Corp said on Monday it will buy smaller rival Hess Corp in a $53-billion all-stock deal, as the oil major looks to increase its footprint in oil-rich Guyana. The deal puts two of the top oil giants, Chevron and Exxon Mobil, head-to-head in two of the world’s fastest growing oil basins – shale and … Read more

Guyana girls dorm fire that killed 19 was deliberately set by student, official says

Guyana girls dorm fire that killed 19 was deliberately set by student, official says

In this photo provided by Guyana’s Department of Public Information, the dormitory of a secondary school is burned in Mahdia, Guyana, on May 22, 2023. A nighttime fire raced through the dormitory early Monday, killing at least 19 students and injuring several others, authorities said. | Photo Credit: AP Investigators in Guyana believe a fire … Read more

Union Cabinet approves signing of India-Guyana air services agreement

Union Cabinet approves signing of India-Guyana air services agreement

Image for representation only | Photo Credit: Getty Images The Union Cabinet on Wednesday approved the signing of an air services agreement between India and Guyana that will pave the way for flight services between the two countries. The agreement will come into force after the exchange of diplomatic notes between the parties confirming that … Read more

India, Guyana to join forces in oil and gas

India, Guyana to join forces in oil and gas

India and Guyana have agreed to cooperate in the oil and gas sector, including long-term crude purchase from the South American country and investment in its upstream sector. Oil minister Hardeep Singh Puri met Guyana president Mohamed Irfaan Ali on Thursday. “The leaders agreed on direct government-to-government cooperation across the entire spectrum of the oil … Read more