Guyana’s growth outlook remains for 2021 despite COVID-19’s effect on oil prices- IDB

According to the latest Caribbean Quarterly Bulletin of the Inter-American Development Bank (IDB), Guyana’s growth outlook in the medium term remains quite positive based...

Guysons K+B acquire 55 acres of land in Enmore for oilfield manufacturing facilities; sugar...

  Guysons Engineering and its joint venture partner, K&B Industries have announced the acquisition of 55 acres of land in Enmore, East Coast Demerara for...

Yellowtail discovery pushes Guyana reserves beyond six billion barrels

-Hess Corporation The Yellowtail well which marked ExxonMobil’s 13th discovery in April last,  along with further evaluation of previous...

Local Content Policy will be updated as Oil & Gas industry matures

The Local Content Policy precedes an overall petroleum sector policy for Local Content and shall be updated from time to time to be aligned...

Guyanese positioned for more technical roles amid oil sector’s growth- Minister Bharrat affirms

Emphasizing Guyana's ambition to excel beyond basic services in its burgeoning oil sector, Natural Resources Minister Vickram Bharrat recently underscored the government's commitment to...

We expect transparent elections results in the weeks ahead-Hess CEO

Oil majors operating offshore Guyana are paying keen attention to the recount of the votes cast in the 2020 General and Regional Elections. In...

Guyana empowered to ensure coverage of all oil spill costs beyond Exxon’s US$2B parent...

While an ExxonMobil-consortium in the Stabroek block has furnished Guyana with a US$2 billion parent company guarantee for oil spills, as well as a...

Guyana was a major achievement for all stakeholders in 2019 – ExxonMobil CEO

Chief Executive Officer of ExxonMobil, Darren Woods recently disclosed that Guyana was a major achievement for all stakeholders while noting that the success represented...

Continued flaring by ExxonMobil hurts Guyana’s Low-Carbon Interests

The World Wildlife Fund (WWF), one of the most internationally renowned institutions on the protection of the environment, has expressed concern in a statement...

Guyana-Suriname Basin workshop slated for next week to tackle energy challenges

The Society of Petroleum Engineers (SPE) Global is gearing to host a significant workshop next week – a critical event poised to help shape...

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