Carbon capture, Green hydrogen equipment vital to climate change fight-Wood MacKenzie

If the world wants to seriously take global warming well below two degrees Celsius as the Paris Agreement demands, then two technologies will be...

No direct impact to Guyana if oil is released from tilting tanker in Paria...

The Civil Defence Commission (CDC) today made several analyses and modelling of the potential threat of an oil spill from the FSO NABARIMA (bearing...

Potential oil spill threatens Caribbean Sea; Guyana on high alert

The FSO Nabarima oil tanker with 1.3 million barrels of crude oil is sinking in the Gulf of Paria between Venezuela and Trinidad, and...

Guyana has a very narrow window to get it right with oil –IDB

With an estimated 8 billion barrels of oil equivalent resources in the Stabroek Block and a projected fiscal windfall of US$49 billion in revenues...

ExxonMobil could be earning at least US$1.6B annually in profits by 2024

Once the Liza Phase One, Two, and Payara on stream simultaneously in 2024, American oil giant, ExxonMobil is expected to rake in at least...

Guyana, other countries will have to declare beneficial owners for oil and gas assets...

Before the end of 2020, Guyana and other members of the Extractive Industries Transparency Initiative (EITI) will have to disclose the beneficial owners for...

Guyana among few to help global oil industry in medium term recovery-OPEC

According to the latest report of the Organization of the Petroleum Exporting Countries (OPEC), Guyana is not only on track to see its oil...

IDB supports Guyana’s use of oil money to fund cash grants in bid to...

Given Guyana’s  low  Human  Development  Index  (HDI)  indicators,  and  its  pressing development needs, the Inter-American Development Bank (IDB) holds the view that there will inevitably...

Guyana’s leaders need to be honest, transparent in oil sector or nation doomed to...

It is often said among Caribbean folk that “oil don’t spoil.” While this old adage may be true, former Vice Chancellor of the University...

Liza Project to receive towage support from leading European firm

With over 50 tugs active across the globe, the Netherlands’ leading maritime services provider, KOTUG, will be working in South America for the first...

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