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...
Guyana will rise to be king of the heap- Simon Flowers, Woodmackenzie Chairman
When one takes into account, the quality of the reserves in the golden Stabroek block, along with the fact that the phased development of...
Deep water projects now one of the cheapest sources of novel supply- Rystad
A comprehensive analysis that was recently conducted by Rystad Energy on oil production costs has revealed that the average breakeven price for all unsanctioned...
Latin America, Caribbean Region among hardest hit by COVID-19-IMF
While the Latin American and Caribbean (LAC) region was hit later than some other hot spots by the COVID-19 pandemic, it has become among...
Guyana’s is now the largest, new conventional liquids play in last decade-ExxonMobil
With the two discoveries made on the Stabroek Block during this quarter, that is to say, Yellowtail 2 and Redtail 1, the recoverable resource...
Exxon suffers US$680M loss in third quarter, reduces capital programme by US$4B
Exxon Mobil Corporation today announced an estimated third-quarter loss of US$680 million or US$0.15 per share. The oil giant told its shareholders during its...
Liza Destiny producing 105,000 barrels of oil per day for the last few weeks-...
Even though the mechanical issues plaguing the proper functioning of the Liza Destiny’s gas compressor system have not been fully resolved, Hess Corporation’s Chief...
