CGX gets one-year deadline to drill well on Corentyne block
CGX Resources Inc. recently disclosed that the government has granted it a one-year deadline that comes to an end on November 27, 2021, to...
Eco Atlantic says it remains fully funded for drilling Orinduik block despite economic downturn
In spite of the depressed economic climate, Canadian exploration firm, Eco Atlantic Oil and Gas Limited, was pleased to announce that it is fully...
Proposed Gas-to-Power Project could cost Guyana US$304M- Institute of Americas
Acutely aware of the need to significantly reduce the annual expenditure for fuel, the Guyanese government and foreign investors have hastened steps towards using...
Ramps Logistics to construct oilfield services facility on East Bank
With the discovery of over nine billion barrels of oil equivalent resources in the Stabroek Block, Guyana’s petroleum industry is poised for rapid development...
Guyana, Brazil have an abundance of clean oil with low breakevens-Analyst
Taking into consideration, the unrelenting economic blows being unleashed by the rise in new COVID-19 cases as well as the fact that the International Maritime...
ExxonMobil to bring high-speed fibre optic cable to shore, plans to kickstart project by...
Exxonmobil's subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has every intention of bringing a state-of-the-art fibre optic cable system to shore and hopes...
BREAKING NEWS: OIL FOUND IN TANAGER-1 WELL ON KAIETEUR BLOCK CONSIDERED NON-COMMERCIAL
Westmount Energy, the UK investment firm focused on the Guyana-Suriname Basin, announced this morning that the Tanager-1 well that was being drilled by ExxonMobil...
Results of first well on Kaieteur Block to be revealed this month-Westmount Energy
According to UK Investment firm, Westmount Energy, the results of the first well being drilled on the Kaieteur Block, that is to say, the...
Labour market in Latin America, Caribbean could take more than a decade to recover...
The post-COVID-19 labour market reactivation in Latin America and the Caribbean will be slow and it will take a lot of time for the...
Bringing down global temperatures to 2 degrees could cut upstream gas investments by 65%...
If the world is to truly advance towards the path of bringing global temperatures down to two degrees, it could have a significant impact...
