Efficiency of Govt. machinery achieved despite challenges in 100 days of office-Jagdeo

While most may be quick to criticize just how much the government has been able to achieve within its first 100 days of being...

Race to drill offshore Guyana driven by ‘advantaged barrels’- Westmount Energy

Even as the COVID 19 pandemic continues to cause significant disruption to global health security and economies, Guyana still continues to attract significant interest...

CGX says there is “strong evidence” oil migrated onto Berbice block

CGX Resources Inc., the local subsidiary of exploration company CGX Energy Inc. which is headquartered in Canada, is of the firm belief that oil...

Noble Corp. awarded seven years of additional work offshore Guyana

Even though the COVID-19 pandemic has pushed most offshore development projects onto the uneconomical side of the spectrum this year, this does not appear...

Liza Phase One permit to be strengthened in 2022

Even though the Environmental Permit for Liza Phase One contains several loopholes that leave Guyana exposed, the People’s Progressive Party / Civic (PPP/C) has...

ExxonMobil’s flaring on Liza Destiny increases to almost 12 billion cubic feet

As of November 4, 2020, the total volume of gas flared from the Liza Phase One operation was 11.9 billion cubic feet. This is...

Downstream legislation will be in place before gas sector comes on stream- Jagdeo

Even though the PPP/C Administration is working vigorously toward bringing gas to shore in three years, Vice President, Dr. Bharrat Jagdeo has assured that...

Jagdeo believes no corruption took place with Kaieteur, Canje block awards

Vice President, Dr.Bharrat Jagdeo disclosed yesterday that while he has no issue with an independent probe of the award of the Kaieteur and Canje...

CGX suffered net loss of US$2.7M in second quarter, prepares to give up 25%...

According to its unaudited financial statements for the period ended June 30, 2020, CGX Resources Inc, reported to the market that it has suffered...

CGX moves ahead with Deepwater port to service highly active exploration activities in Guyana-Suriname...

In spite of the economic pressures brought on by the COVID-19 pandemic, CGX Energy Inc, which is headquartered in Canada and operates in Guyana...

Recent Updates