Guyana, Suriname not in competition; will work together on local content, gas strategy-Ali
Given their mutual interest in shared prosperity and sustainable economic development, Guyana and Suriname have pursued several joint initiatives to help realize the true...
Infrastructure, agriculture & oil and gas on agenda for meeting between Guyana, Suriname Heads...
Guyana's President, Dr Irfaan Ali said that a four-day State visit by His Excellency, Chandrikapersad Santokhi, President of the Republic of Suriname, and his...
Indian State Refiner pays Guyana US$79.6M for seventh oil lift
Indian Oil Corporation Ltd. (IOC) has paid Guyana a whopping US$79.6M following the receipt of the nation's seventh oil lift. Disclosing the money received...
Govt. to bring draft legislation for oil fund by December
Draft legislation to ensure Guyana has a Natural Resource Fund (NRF) with robust protections against wanton abuse by politicians will be in Parliament by...
Progressive plan in place to ensure oil money brings prosperity for all-Pres. Ali
One of the most challenging tasks governments of oil-producing States face is keeping at bay, the dreaded resource curse. Francesco Caselli of the London...
Whiptail discovery big enough for its own FPSO –John Hess
Chief Executive Officer (CEO) for Hess Corporation, John Hess recently told industry stakeholders that the Whiptail discovery which was made at two wells is...
Guyana on track to produce additional 440,000 barrels of oil by 2024 -Hess CEO
Hess Corporation’s Chief Executive Officer, John Hess recently disclosed that the startup of the Liza Phase 2 Project in the Stabroek Block which will...
Exxon strikes two Whiptail discoveries; Hess says drilling to continue to test deeper targets
ExxonMobil Corporation disclosed this morning that it made two discoveries at the Whiptail-1 and Whiptail-2 wells in the Stabroek Block.
Whiptail-1 is being drilled in...
Hess records US$73M loss for second quarter
Hess Corporation today reported a net loss of US$73 million, or US$0.24 per common share, in the second quarter of 2021, compared with a...
‘‘Let’s put the traffickers behind bars” – Minister Persaud urges
“EACH one of you is in a good place to help change someone’s life. I’m here to support the process and the Counter-Trafficking in...
