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...

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...

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