Guyana’s Local Content Policy has to walk “difficult line” on disclosure of information-Energy Dept.
Since the release of the Local Content Policy, there has been a surge of concern over the inclusion of confidentiality provisions which prevent the...
ExxonMobil says local content use up by 77 %; offers no evidence to support...
The Centre for Local Business Development (Centre) which was established by ExxonMobil almost three years ago, released an update to the public today which...
Energy Dept. Head , GRA, and GNBS witness lifting of Guyana’s first million barrels...
Director of the Department of Energy, Dr. Mark Bynoe, travelled to the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel earlier today to...
No oil revenues received for December, Royalty likely after March 2 elections –Finance Ministry
Even though oil production commenced on December 20 from the Stabroek Block, the government has confirmed that no revenues for that period were received...
Tullow scouting for Exxon-like targets in Orinduik Block for 2020-2021 drilling programme
Tullow Oil, (Operator) and its two other partners, Total and Eco Atlantic, are currently scouting for possible Exxon-like targets in the Orinduik Block which...
Orinduik Partners still evaluating heavy oil finds, likely to drill new targets by year...
Tullow Oil and its partners on the Orinduik Block, Total and Eco Atlantic, are still evaluating the results of its Jethro-1 and Joe-1 wells...
Remove discretionary income tax holidays for mining, oil companies –IMF tells Govt.
The International Monetary Fund (IMF) is of the firm view that the local authorities should take all necessary steps to remove discretionary income tax...
Critically weak Local Content Policy leaves Guyanese disadvantaged in oil industry- PPP Advisor
After perusing Guyana’s Local Content Policy which was released this week, Advisor to the People’s Progressive Party (PPP), Peter Ramsaroop has declared his opinion...
Policies can be ignored; we need a Local Content Legislation – Jagdeo
For Guyanese to truly benefit from the oil and gas sector, legislation must be implemented to effect mandatory local involvement, not a policy. At...
Award of new oil block licenses pushed back to 2021
In early 2019, Energy Department Head, Dr. Mark Bynoe had said that Guyana could have a new licensing round this year. But it appears...
