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...
Canadian pipelines company wins US$48.8M contract for Payara Project
Leading pipeline coatings company, Shawcor, has been awarded a US$48.8M contract to provide thermal insulation and anti-corrosion coating services for ExxonMobil’s third development project...
IMF downgrades Guyana’s 2020 growth to 26.2 %
In the first half of the year, the International Monetary Fund (IMF) had projected that Guyana would grow by some 53 percent. But given...
Chatham House Expert urges Govt. to monitor ExxonMobil’s procurement practices, strategies
Even though the People’s Progressive Party/ Civic (PPP/C) Government has made it pellucid that it expects to see ExxonMobil and other oil majors doing...
Guyanese companies need to evolve from “old ways” of doing business, the oil sector...
If the Government of Guyana wants to ensure that it has an oil sector that gives first preference to local companies for the procurement...
