PPP Govt. to retender contract for marketing of Guyana’s crude
Vice President, Bharrat Jagdeo disclosed earlier today that a decision was taken to scrap the shortlist of more than a dozen oil marketing companies...
ExxonMobil says it spent $14B on local content but Guyana has no Compliance Unit...
In the absence of an independent and well resourced Local Content Compliance Unit to audit its claims, ExxonMobil painted today, a rosy picture for...
Every cent of oil money will be accounted for; no political interference – Ali...
The People's Progressive Party/Civic (PPP/C) will ensure that every cent of the revenues from the sector is accounted for, as well as every cent...
Equitable distribution of oil money will be one of Ali’s greatest challenges-Ambassador Sanders
As it settles in to gather an understanding of what it has inherited from the previous administration, the Irfaan Ali government will be confronted...
ExxonMobil signs six-month contract for drillship Suriname used in recent exploration success
American oil giant, ExxonMobil has already established that the Stabroek Block holds over eight billion barrels of oil equivalent resources. Since doing so, it...
Guyana could easily surpass Venezuela’s production by 2025 once ExxonMobil’s Payara project receives speedy...
As a result of the crippling sanctions on its oil industry from the USA as well as the economic turmoil unleashed by the COVID-19...
EPA advances staff’s capacity to monitor infractions in oil, other sectors
Even though it was hamstrung by financial constraints due to the absence of a 2020 budget, the Environmental Protection Agency (EPA), still managed to...
Despite pressures of COVID-19, Liza Two remains on track for 2022 start-up-Hess CEO
While the pressures of the COVID-19 pandemic have put an overwhelming strain on the oil and gas industry, Chief Executive Officer of Hess Corporation,...
Quality of recent oil finds at Yellowtail complex similar to Liza- Hess COO
Even as it noted that the operator of the Stabroek Block, ExxonMobil, is in the process of evaluating two additional reservoirs at the Yellowtail...
Delays for Payara Project leaves US$465M for the country in limbo-Experts
In terms of sheer numbers, Petroleum Experts, Dr. Remi Piet and Arthur Deakin posit that the Payara field which is expected to produce roughly...
