Guyana to produce 136 million barrels of oil this year
With Guyana’s third oil ship dubbed Prosperity, set to come onstream later this year at the Stabroek Block's Payara field, the country is poised...
Guyana to carefully examine India’s proposal for long-term purchasing of Stabroek Block crude
While India has expressed great interest in purchasing oil from Guyana via a long-term agreement, the PPP/C government says it is not inclined to...
Exxon’s sixth project could cost more than US$12B; take total production beyond 1.3 million...
ExxonMobil Corporation, through its subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has submitted an application to the Environmental Protection Agency (EPA) for permission...
Quay wall construction begins for US$300M Vreed-en-Hoop Shore Base
Vreed-en-Hoop Shore Base Inc (VEHSI) said today that it has started installing the quay wall structure on its artificial island in the Demerara River....
Dutch firm wins contract to supply pipe connections for ExxonMobil’s Uaru Project
Strohm B.V, a piping manufacturer based in Holland, said it secured a second contract with ExxonMobil Corporation to supply more than 24 of its...
Guyana’s Natural Resource Fund ends 2022 with US$1.27B
Senior Finance Minister, Dr Ashni Singh submitted a Notification of Receipts to Parliament today which shows the balance of the Natural Resource Fund (NRF)...
Cash transfers to every household not feasible even at highest point of oil revenues...
President Dr Mohamed Irfaan Ali on Thursday made it clear that even at the highest point of oil and gas revenues, Guyana cannot afford...
Litigants urge Chief Justice to issue decision on case challenging Exxon’s amended permits for...
Three Guyanese women who filed a case last year against the Environmental Protection Agency (EPA) for allowing ExxonMobil Guyana to engage in excessive flaring...
Guyana could attract US$85M for local content from maiden bid round
Guyana’s maiden licencing round for 14 offshore blocks could attract US$85M in training funds for Guyanese. One of the terms of the bidding process...
Guyana’s oil production reached its highest last November with 389,000 barrels per day
Production data produced by the Ministry of Natural Resources show that Guyana recorded its highest output level in November 2022, reaching 389,000 barrels of...