Govt’s indecisiveness on oil funds will lead to waste, generate unfair outcomes- Canadian Oil...

The basic question for any country facing the prospect of significant oil revenues is how it should plan the time path of spending and...

Fifth drillship arrives in Stabroek Block to accelerate appraisal of wells-ExxonMobil advisor confirms

ExxonMobil Guyana’s Public and Governance Affairs Advisor, Janelle Persaud, confirmed with Guyana Standard that the Stena DrillMAX which is capable of drilling in water...

Saipem gets green light from ExxonMobil for works on Whiptail project

Prominent Italian engineering, drilling, and construction services provider, Saipem, has received the nod from ExxonMobil Guyana to forge ahead with its involvement in the...

World Bank wants more women participation in Guyana’s Oil Sector

Even as it provides funding to help Guyana enhance its systems for the effective management of the oil sector, the World Bank says it...

Guyana officially launches auction for 14 oil blocks with US$20,000 participation fee

President Irfaan Ali officially launched the nation's first competitive bid round for 14 blocks on Friday morning. The Head of State said submissions for...

Stabroek Block partners helping Guyana become model oil State; key hub with ties to...

  Partners in the Stabroek Block—ExxonMobil Guyana, Hess Corporation, and CNOOC—are thrilled about the growth opportunities they have after unlocking almost 11 billion barrels of...

Liza Unity FPSO progressing well despite COVID-19 pandemic

Even though the COVID-19 pandemic has had a severe impact on the work plans and offshore projects for many oil industry majors and service...

EPA binds Exxon to tough terms on flaring, insurance for oil spills

The Environmental Protection Agency (EPA) has issued a rigid permit for the Stabroek Block’s fifth project at the Uaru field which is expected to...

US risks losing economic foothold in Guyana as Chinese investments surge amidst oil boom-Newsweek...

The United States (US) stands the risk of losing critical ground to Chinese business in Guyana which is currently seeing unprecedented oil-driven growth. This...

“You cannot benefit from your own wrong”; NRF challenge bound to fail – AG

  Attorney General and Minister of Legal Affairs, Anil Nandlall cited the legal maxim, "One cannot benefit from his/her own wrong" in his recent commentary...

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