ExxonMobil’s success motivates Tullow Oil to drill first well by third quarter of 2019

With its Orinduik license bordering ExxonMobil’s wealthy discoveries offshore Guyana, Tullow Oil is motivated to drill its first well in Guyana’s offshore basin in...

Eco Atlantic engages third-party consultant for preliminary evaluations on heavy oil in Orinduik Block

Eco Atlantic Oil and Gas Ltd. announced today that it has engaged a third party consultant to help the Orinduik partners have a better...

Exxon affirms ‘no secret crude cargoes’ being shipped out from Stabroek block

ExxonMobil Guyana has firmly denied claims raised in a recent editorial published in the media which suggested that the oil company might be using...

Int’l bodies tell Guyana of key standards for measuring Stabroek Block’s oil

In preparation for the effective management of Guyana’s oil industry, two reputable international organizations have passed on key standards to local authorities which would...

Pres. Ali exposes Maduro’s hypocrisy on labelling Exxon an imperialist but still hoping for...

When it comes to ExxonMobil, Guyana's President, Dr. Irfaan Ali, brought into sharp focus today, the hypocritical stance of Venezuela’s President, Nicholas Maduro. President...

Guyana’s first royalty payment totals US$4.9M, already transferred to Natural Resource Fund

Finance Minister, Winston Jordan confirmed moments ago with Guyana Standard, that the nation is in receipt of its first royalty receipt which totals US$4,909,505.30....

Oil, Agriculture, Construction sectors keeping Guyana on track for strong 25% GDP growth- Central...

The Guyanese economy remains on track for a 25.1 percent growth rate for 2023 as the oil, agriculture and construction industries continue to deliver...

Key oil and gas terms every Guyanese must know

By Sueann Wickham In 2015, Guyana embarked on an ambitious journey into the realm of oil production led by an ExxonMobil-consortium in the Stabroek Block....

Repsol will have to forfeit US$500M in exploration costs under new licence if granted,...

In the event that the Government of Guyana decides to grant Repsol a fresh prospecting licence, the company could find itself unable to claim...

Guyana will use oil money to diversify economy along green path – President tells...

Speaking via video link, President David Granger, at the 2nd Annual International Petroleum Business Summit and Exhibition (GIPEX) 2019 at the Guyana Marriot Hotel,...

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