ExxonMobil appoints new head for Guyana operations
American oil giant, ExxonMobil, announced today that the current head of its Guyana operations, Rod Henson, will be replaced by Alistair Routledge who serves...
Oil exports to grow by an annual average of 48.5 percent over 2020–2023-IDB Report
The Inter-American Development Bank has disclosed in its latest assessment of Guyana’s first-quarter performance that it projects oil exports will grow by an annual...
Hess reports US$2.4B in losses for 2020 first quarter
Hess Corporation which holds a 30 percent interest in the Stabroek Block has reported a net loss of US$2.4B or US$8 per common share,...
Five days after calling for protection from Trinidad, GCCI now “welcomes” partnership with “CARICOM...
Six days ago, the Georgetown Chamber of Commerce and Industry (GCCI) called on the Government to offer some level of protection for its 220...
Robust Local Content Regulations already in draft – AG Nandlall
Attorney General and Minister of Legal Affairs, Anil Nandlall S.C. said this week that Local Content Regulations are already in draft and will be...
Stabroek Block partner funds 4 scholarships for Guyanese to study Petroleum Sciences in China
CNOOC Petroleum Guyana Limited (CPGL), one of the partners in the oil rich Stabroek Block, on Friday awarded scholarships to 4 Guyanese students to...
Guyana remains open to excessive, abusive use of debt by ExxonMobil – IMF
The International Monetary Fund (IMF) wants the Government of Guyana to change the way it treats interest expenses in Production Sharing Agreements (PSAs). In...
GRA investigating Ramps Logistics for false declarations, abuse of tax privileges with Exxon
The Law Enforcement and Investigation Division (LEID) of the Guyana Revenue Authority (GRA) is investigating Ramps Logistics Guyana for false declaration of shipments under...
The gas-to-shore project will make us ‘Silicone Valley of Caribbean’-Ali tells Summit
With massive exploration and development projects underway in the Guyana Basin, it is clear that the nation is poised to become an international powerhouse....
Why on earth would anyone sign away Guyana’s oil without knowing its true value?-Global...
During its probe of the negotiations Guyana’s officials had with ExxonMobil for the Stabroek Block, international corruption fighting body, Global Witness, said that it...
