Govt. to begin Yellowtail FDP review in February; hunt kicks off for consultant ...

The Government of Guyana has commenced the search for a suitably qualified firm to review ExxonMobil’s Field Development Plan (FDP) for its Yellowtail Project. Tender...

26 oil discoveries in Stabroek Block solidify our position as world class hydrocarbon play-...

  Minister of Natural Resources, Vickram Bharrat disclosed this morning that the latest discoveries by ExxonMobil’s affiliate, Esso Exploration and Production Guyana (EEPGL) and partners...

Breaking : ExxonMobil hits two more discoveries in Stabroek Block

ExxonMobil announced today that it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately...

PPP/C’s NRF Law technically superior; has more layers of governance protection- Ramson 

Minister Charles Ramson recently boasted of being on the A-team as he asserted that his government’s version of the Natural Resource Fund Legislation, “is...

PSC brands APNU+AFC MPs’ action in House as “childish antics”

See full statement from the Private Sector Commission (PSC): The Private Sector Commission is appalled and hugely disappointed at the childish antics of the main...

Courts unlikely to entertain matter of mace’s presence in NRF passage – Ramjattan

Alliance for Change (AFC) and Opposition parliamentarian, Khemraj Ramjattan says that litigation challenging the absence of the original mace during the passage of the...

Patterson questions Auditor General’s capacity to scrutinise oil spending; says 2020 report likely to...

Alliance for Change (AFC) Executive and Public Accounts Committee (PAC) member, David Patterson has brought into question the capacity of the Auditor General (AG)...

Misuse of oil money punishable under a slew of laws – Dr. Singh

While there are several explicit penalties outlined in the Natural Resource Fund (NRF) 2021 Bill for the nondisclosure of oil receipts, there is a...

Replica Mace holds no authority in National Assembly – Harmon

  Controversy now surrounds the passage of the Natural Resources Bill after an Opposition Members of Parliament (MP) forcibly removed the Mace during a sitting...

Finance Minister believes two weeks was enough time for review of oil fund bill

  Considering that the new Natural Resource Fund Bill 2021, contains more than 20 provisions of the repealed legislation passed by the Granger administration, Senior...

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