Jagdeo and cohorts should be kept far away from Guyana’s oil – Dr. Mangal

“Anyone who has a track record that is ethically compromised should be kept far away from Guyana’s oil future. As...

ExxonMobil will take the first million barrels of oil –Dept. Energy Head

Energy Department Head, Dr. Mark Bynoe revealed today that ExxonMobil will be taking the first million barrels of oil instead...

Guyana will be paying our taxes, so massive revenue will be unaffected -Hess CFO...

In accordance with international best practices for Production Sharing Agreements (PSAs), the operator is given some tax breaks for imports;...

Exxon’s Hammerhead well among top five offshore wells to watch for 2019 -Wood MacKenzie

Even though the appraisal results are not completed as yet, ExxonMobil’s Hammerhead is no doubt, one of the top five...

Tullow Oil to recover financial benefits from Exxon’s Hammerhead discovery

Whenever ExxonMobil decides to develop its highly prized Hammerhead discovery on the Stabroek Block, its neighbours Tullow Oil,...

Oil has only exacerbated our problems – Nigel Hughes

Before Guyana started collecting millions of dollars for the exploitation and subsequent sale of its oil resources, there were great...

TIGI still waiting on SARA to probe US$18M ExxonMobil signing bonus – TIGI Head

The petroleum sector is one that is often plagued by corruption. As such, Head of Transparency International Guyana Inc. (TIGI),...

Stabroek Block has heavy oil too–Hess CEO

For the most part, ExxonMobil has been saying that its discoveries on the Stabroek Block have been of light, sweet...

NABI/KCL Oilfield Construction Services wins contract to build ExxonMobil Headquarters

NABI/KCL Oilfield Construction Services Guyana has been awarded the contract to build the new office facilities of Esso Exploration and...

Guyana paid “not a cent” to host multimillion-dollar GIPEX event – UK-based organiser

The second Guyana International Petroleum Summit and Exhibition (GIPEX), was hosted at no financial cost to the national coffers. This...

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