Stabroek Block projects to pump US$3.5B in operating cash into ExxonMobil’s pockets by 2025

ExxonMobil’s Senior Vice President, Neil Chapman recently disclosed that by 2025, the projects being developed in the Stabroek Block will be able to generate...

Record number of wells to be drilled in Stabroek Block this year- Rystad Energy

Even though Guyana’s leading offshore explorer, ExxonMobil, was off to a disappointing start this year, as it misfired on the Canje block’s wildcat called...

Natural Resource Fund now holds US$267M after receipt of fifth oil payment

In keeping the Government’s commitment to accountability and transparency in the Petroleum Sector, the Ministry of Natural Resources was pleased to announce this evening...

Hess alone poised to plug over US$780M into Stabroek Block projects

For 2021, the Stabroek Block will see billions of dollars being invested by its licensed partners to ensure the development of the oil discovered...

SOL imported fuel for ExxonMobil but never delivered it; GRA suffers $2.6B loss in...

The Guyana Revenue Authority (GRA) is currently investigating SOL Guyana Inc. which cleared millions of litres of fuel at duty-free rates for ExxonMobil but...

ExxonMobil Guyana clarifies: We have no limit on our flaring; permit not being violated

ExxonMobil Guyana President, Alistair Routledge categorically stated today that there is no limit or cap on the amount of gas that the company can...

Natural Resources Ministry proposes to continue Local Content consultations without gap analysis

Even though it recognizes the importance of a gap analysis, the Ministry of Natural Resources will still forge ahead with consultations on the draft...

Guyana Energy Chamber, Go-Invest sign MoU to increase local content in oil sector

The Guyana Oil and Gas Energy Chamber and the Guyana Office for Investment (Go-Invest) signed a Memorandum of Understanding (MoU) today which would serve...

PPP/C Govt. has shut us out; told oil companies to share no info with...

Even though the coalition administration during its time in office had called on ExxonMobil and other oil companies to provide regular briefs to the...

Finance Minister’s forecast of 109, 000 barrels of oil per day contradicts reality offshore

During his presentation of the 2021 budget on February 12, last, Senior Minister with responsibility for Finance within the Office of the President, Dr....

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