OPERATIONS UPDATE: Demerara, Corentyne Block hold almost 5 B barrels of oil resources, drilling...
CGX Energy Inc. and its joint-venture partner Frontera Energy Corporation announced today, the results of an independent Prospective Resource study and report in respect...
Low Carbon Development Strategy scheduled for update to include Guyana’s new categorisation as oil-producing...
Now that Guyana is an oil-producing nation, the People’s Progressive Party/Civic (PPP/C)’s flagship low carbon emission initiative is scheduled for an overhaul. The PPP/C...
Wales Development Authority to manage industrial development around gas-to-shore project-Dr. Singh
For years, stakeholders of Guyana’s business sector have complained about the financial strain placed on running successful enterprises in the face of huge stumbling...
Mining industry to undergo massive legislative overhaul to boost contribution to non-oil economy
Gross neglect and callous policies were directly responsible for the extent to which the mining sector suffered under the APU+AFC administration, said Senior Minister...
Govt. will not allow ExxonMobil to recover US$100M initiative for local content -Jagdeo
While the Greater Guyana Initiative, led by the Stabroek Block co-venturers ExxonMobil, Hess and CNOOC Limited, will see the investment of US$100 million in...
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...
