Corentyne block’s Kawa-1 well to be drilled in second half of 2021-CGX 

CGX Resources Inc recently informed the market that the Kawa-1 exploration well in the Corentyne block is scheduled to be spud during the second...

CGX’s Deep Water Project to cost US$130M, poised to create 1000 construction jobs

CGX Energy, through its wholly-owned subsidiary, Grand Canal Industrial Estates (GCIE) announced recently that its Berbice Deep Water Port which is currently under construction,...

APNU+AFC gave ExxonMobil permission to flare whopping 14B cubic feet of gas, 12B already...

Vice President, Dr. Bharrat Jagdeo proved yet again, that the APNU+AFC regime was either careless or incompetent in its handling of the oil sector...

ExxonMobil claims oil production at Liza Destiny lowered but declines to reveal specifics

Following its disclosure last week that the gas compressor system for the Liza Destiny has malfunctioned again, ExxonMobil told the media today that the...

One week later, AFC now roasts Govt. for allowing Exxon to produce oil at...

One week after ExxonMobil announced that it would be increasing its flaring levels due to technical issues with a seal for the Liza Destiny’s...

PPP needs to stand up to Exxon; oil giant’s excuses for increased flaring unacceptable-Former...

While it is reasonable to expect unplanned disruptions during petroleum operations, what should never be accepted are excuses about the same type of disruptions...

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...

INCREASED FLARING: Exxon must pay for environmental pollution -Arjoon-Martins

In light of the damning revelations yesterday that ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) would be increasing its levels of flaring...

Hess says net loss for 2020 fourth-quarter stands at US$97 million

Hess Corporation told industry stakeholders today that its net loss for the fourth quarter of 2020 stands at US$97 million, or US$0.32 per common...

Emergence of new COVID-19 strains forces IEA to temper 2021 oil projections

The International Energy Agency (IEA) has slashed its projections for 2021 on the heels of rising COVID-19 cases, the emergence of new strains, and...

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