Guyana to see world’s fourth-largest GDP growth rate for 2021-IMF

For 2021, the International Monetary Fund is projecting that Guyana will realize a 16.4 percent growth rate in its Gross Domestic Product (GDP), making...

Future energy mix to be 50% gas, 50% renewables-Jagdeo

Once the PPP/C Government continues on its current trajectory, Guyana would be able to realize a future energy mix of 50 percent gas and...

Locals entering oil sector will get support to be competitive-Ali

Once local businesses offer services at competitive rates, it is the desire of President, Irfaan Ali that they are given priority in the award...

Opposition Leader satisfied with meeting on ExxonMobil’s faulty gas compressor

Opposition Leader, Joseph Harmon informed members of the media moments ago that he was “satisfied with the tone and content of the meeting” he...

Maersk hired to drill Kawa-1 well in Corentyne block 

Frontera Energy Corporation and CGX Energy Inc, joint venture partners on several Guyana projects, disclosed moments ago that Maersk Drilling Holdings Singapore Limited has...

ExxonMobil significantly increases production as faulty gas compressor goes for three-month-long repair

ExxonMobil Guyana announced moments ago that it has successfully removed the discharge silencer, a component of the Liza Destiny’s gas compressor system that recently...

Frontera, CGX sign US$19M Loan Agreement for Guyana Projects

Frontera Energy Corporation and CGX Energy Inc announced late last night that they have agreed to a US$19 million loan that will enable the...

Guyana’s second oil lift was not affected by latest gas compressor issue 

Natural Resources Minister, Vickram Bharrat confirmed last night that the government's second lift of one million barrels of Liza crude from the Stabroek Block...

Govt. mulls Petroleum Training Institute to ensure Guyanese are more than just “the help”

Natural Resources Minister, Vickram Bharrat disclosed that his government has every intention of establishing an Oil and Gas Training Institute to ensure citizens are...

BREAKING NEWS: ExxonMobil “upgraded gas compressor” malfunctions, production drops from 120,000 bpd to 30,000...

Just as it thought its gas compressor issues would be put in the past for good, ExxonMobil reported moments ago that the key piece...

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