Add Row
Add Element
cropper
update
Caribbean Streaming Network
update
Add Element
  • Home
  • Categories
    • Caribbean
    • Streaming
    • Culture
    • Music
    • News
    • Sports
    • Entertainment
    • Islands
    • Community
    • Global
    • Food
    • Music
Add Row
Add Element
June 04.2025
2 Minutes Read

Exxon-Led Consortium's $10.4B in Guyana Marks Oil Industry Surge

Guyana oil platform with cranes in vibrant harbor.

The Oil Boom: Guyana's Promising Future

Guyana's thriving oil industry is rewriting the script for energy production in South America. In 2024, an ExxonMobil-led consortium reported a whopping $10.4 billion in profits, a staggering 64% surge compared to the previous year. This not only illustrates the scale of opportunity presented by Guyana's burgeoning oil resources but also highlights a strategic pivot in global energy markets.

Exxon and Partners: A Wealth of Returns

The oil trio—ExxonMobil, Hess Corporation, and China’s CNOOC—saw individual gains that exemplify the region's financial vitality. ExxonMobil alone pocketed $4.7 billion in 2024 from its operations in Guyana, solidifying its position amidst a competitive global landscape. Hess and CNOOC also enjoyed handsome returns, inviting them to further invest in this oil frontier.

What's Next for Guyana's Oil Production?

With output levels reaching an impressive 652,000 barrels per day, and projections to exceed 900,000 bpd shortly, Guyana is not just a player; it’s a contender in the oil game. The arrival of a fourth production vessel in February, alongside plans to ramp up to 1.7 million bpd by 2030, suggests an era of unprecedented growth is on the horizon.

Gas Development: Beyond Oil

While their oil empire expands, Exxon and its partners are also keen to tap into Guyana's gas reserves. This shows a forward-thinking approach as the demand for natural gas rises, indicating their commitment to diversifying energy strategies which could further empower the local economy.

The Bigger Picture: Guyana's National Development

Guyana's booming oil sector isn't just a cash cow for international corporations; it’s also a crucial opportunity for national development. As profits soar, the promise of investment-driven growth holds the potential for improved infrastructure and a better quality of life for local communities.

Conclusion: Join the Global Oil Conversation

The energy conversation is evolving, with Guyana taking center stage. This developing story on oil and its economic implications is crucial for understanding the future of energy production and investment strategies worldwide.

Culture

2 Views

0 Comments

Write A Comment

*
*
Related Posts All Posts
07.07.2025

Haitian Community Urges for Justice as Court Protects TPS Rights

Update Legal Victory for Haitian Immigrants: A Cause for Hope On July 7, 2025, the Haitian Women for Haitian Refugees (HWHR), a grassroots organization based in Brooklyn, breathed a sigh of relief as U.S. District Judge Brian Cogan ruled in favor of maintaining Temporary Protected Status (TPS) for Haitians. This landmark decision blocks the Trump administration's attempt to curtail protections for over half a million Haitian immigrants, a demographic that has significant contributions to various sectors in America. Racism Still Looms Over Immigration Policies While this ruling is a reason to celebrate, HWHR emphasizes that the fight is far from over. Aline Gue, Executive Director of HWHR, voiced her concerns, stating, “We welcome this decision, but make no mistake—the policies that criminalize and dehumanize Black immigrants are still in place.” This highlights the oppressive atmosphere that many immigrants, especially those of African descent, continue to face within the current legal framework. The Importance of Community Voices The ongoing discrimination faced by Haitian immigrants is a reminder of the critical importance of grassroots activism. The court's ruling affirms the essential role of these communities in enriching American society. With many Haitians contributing to healthcare, construction, hospitality, and education, it is evident that their futures are not disposable but interwoven with the fabric of American life. “We are your neighbors, workers, caregivers, and community members,” Gue passionately declared. Broader Implications and Ongoing Challenges Despite the court's decision, advocates are acutely aware that the threat is far from eliminated. Recent Supreme Court rulings have raised concerns for TPS holders from countries like Venezuela, as ongoing governmental policies continue to shape a narrative of targeting Black immigrants. The warning from HWHR about sustained resistance against future discriminatory policies serves as a rallying cry for activists nationwide. What Comes Next? With the TPS protections extended until February 2026, the Haitian community stands at a crucial point. As society watches closely, the legal win is not just an end, but rather a stepping stone toward recognizing the humanity and rights of all immigrants. The work ahead is vast, underscoring the need for continued mobilization to demand justice and equity in immigration policy.

07.05.2025

Celebrate Summer with New Caribbean Music: Sean Paul's 'Ginger'

Update Spicy Sounds for the Summer!July 4, 2025 — As the U.S. celebrates Independence Day, Caribbean music is making waves all over the globe! This summer, artists from the region are pouring their creativity into tracks that promise to be the life of the party. With genres merging from Dancehall to Reggae, and some Afrobeats sprinkled in for good measure, like a zesty curry, here’s what you need to have on your playlist.Sean Paul Sets the ToneFirst up, let’s talk about the Dancehall legend, Sean Paul. His latest single, Ginger, dropped today and it's already heating up the charts. Known for his catchy hooks and infectious energy, Sean Paul is back with lyrics that sizzle and a rhythm that urges even the most shy dancers to hit the floor. “Ginger is all about that fiery connection— that magnetic energy someone brings into your life,” Paul reveals. With his signature style, he’s ready to make this summer undeniably spicy.Wiz Khalifa's Good Vibes CollaborationHot on the heels of his sold-out European tour, Sean is looking to continue that momentum by joining Wiz Khalifa on his upcoming Good Vibes Tour. Expect memorable performances as they blend their styles, proving once again that Caribbean rhythms are not just for islands but resonate far and wide.What's Next for Caribbean Music?As the summer sizzles, keep an ear out for more tracks poised to drop from emerging Caribbean artists. This season is all about celebrating diversity in music, connecting cultures, and bringing people together through dance and rhythm.So, whether you’re celebrating the Fourth of July, lounging by the beach, or just looking to add some spice to your playlist, make sure to check out Ginger by Sean Paul. It’s the perfect soundtrack for a sun-filled, carefree summer. And who knows? You might just find a new favorite!

07.03.2025

Alborosie Returns to NYC for a Reggae Night at Sony Hall - Don't Miss Out!

Update Alborosie's Anticipated NYC PerformanceGet ready, reggae fans! Alborosie, the Italian-born reggae superstar, is set to take the stage at Sony Hall in New York City on August 4, marking his much-anticipated return after nearly a decade. This show promises to be a vibrant celebration of reggae, as it comes right before the release of his latest studio album, Nine Mile, which drops this August.What to Expect from the ConcertDuring this electrifying night, Alborosie will showcase some brand-new tunes from Nine Mile, alongside crowd favorites from his extensive discography. Known for his captivating performances with his band, the Shengen Clan, fans can expect an unforgettable experience filled with love, rhythm, and movement!Exciting Guests Joining the FunThe concert will feature special guests Kulcha Kartel and Vaughn All-Star from WKCR 89.9FM, adding a unique flavor to the evening. Expect a fusion of talent that transforms the energy at Sony Hall into a reggae paradise under the Manhattan skyline.A Sneak Peek of 'Nine Mile'Earlier this year, Alborosie teased us with the lead single, Come My Way, a fresh take on the classic dub track King Tubby Meets the Rockers Uptown. Filmed in the stunning Canoa Quebrada beaches of Brazil, the music video has been praised for its nostalgic vibes, promising that his upcoming album will resonate with the spirit of reggae lovers worldwide.Join the Reggae Celebration!As part of his broader summer tour across Europe and North America, this concert is not just a casual performance; it’s part of a cultural movement, uniting fans through the love of reggae music. Tickets are selling like hot cakes, so grab yours now, and prepare for a night full of captivating melodies, infectious rhythms, and a vibrant atmosphere that only Alborosie can provide!

Add Row
Add Element
cropper
update
 Caribbean News
cropper
update

Caribbean Streaming Network (CSN) is the premier digital platform bringing the vibrant culture, entertainment, and stories of the Caribbean to the world.

Offering a dynamic mix of original series, films, news, sports, and live events, CSN celebrates the richness and diversity of Caribbean life across every island and diaspora.

From music concerts to culinary showcases, from cricket tournaments to in-depth documentaries, CSN connects audiences with authentic Caribbean experiences like never before.

  • update
  • update
  • update
  • update
  • update
  • update
  • update
Add Element

COMPANY

  • Privacy Policy
  • Terms of Use
  • Advertise
  • Contact Us
  • Menu 5
  • Menu 6
UPDATE
Add Element

4079524625

AVAILABLE FROM 8AM - 5PM

City, State

Waterway, Kissimmee, FL

Add Element

ABOUT US

At Caribbean Streaming Network (CSN), we bring the vibrant heartbeat of the Caribbean directly to your screen. Our platform showcases the best in Caribbean news, music, sports, films, and cultural programming, celebrating the spirit, diversity, and creativity of the islands.

Whether you’re from the Caribbean or simply inspired by its beauty, CSN offers a dynamic window into the stories and experiences that define the region. Available worldwide, we connect audiences to the Caribbean anytime, anywhere.

Add Element

© 2025 CompanyName All Rights Reserved. Address . Contact Us . Terms of Service . Privacy Policy

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*