ExxonMobil finally pauses works on Payara FPSO, awaits govt. approval
Industry standards dictate that an oil company is expected to await the approval of the government on its Field Development Plans (FDP) before moving...
Portion of oil money will be provided to elderly, children, the poor, other groups-...
Minister of Public Infrastructure and Finance, Bishop Juan Edghill, disclosed during the reading of the 2020 budget speech that several measures will be put...
Oil sector to undergo regular audits, intense monitoring to ensure transparency and accountability- Finance...
In keeping with the promises it made on the 2020 election campaign trail, Minister of Public Infrastructure, Bishop Juan Edghill, who was bestowed today...
Exxon, PPP/C disagree over recoverable costs
Vice President, Dr. Bharrat Jagdeo disclosed yesterday that ExxonMobil and the Government are at odds over costs which should be deemed recoverable by the...
Payara will not be “make or break” investment for Guyana-Vice President
Even as negotiations over the Payara Field Development Plan (FDP) continue between the PPP/C Administration and ExxonMobil, Vice President, Dr. Bharrat Jagdeo was keen...
Not a cent in Natural Resource Fund will be touched until law is revamped-...
The People's Progressive Party / Civic (PPP/C) has chosen to honour its election campaign vow to not touch a cent in the Natural Resource...
In low oil price environment, Exxon unlikely to consider amending Guyana deal- Consultant
As the government continues to work through the environmental issues plaguing the approval for ExxonMobil's Payara Field Development Plan (FDP), there have been increased...
Liza Phase Two development still on track- ExxonMobil
American multinational, ExxonMobil announced this morning that its development plans for the Liza Phase Two project in the Stabroek Block is progressing well. The...
ExxonMobil makes 18th discovery offshore Guyana
ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated recoverable resource of more...
Guyana has enough time to find crude marketer since next lift to occur in...
Even though the People’s Progressive Party/ Civic (PPP/C) Administration took the decision to scrap the first list of bidders to market Guyana’s crude, key...
