Exxon, other partners banking on Tanager- 1 well to de-risk Kaieteur Block
ExxonMobil, along with its other co-venturers, Ratio Petroleum and Cataleya Energy Corporation (CEC), are banking on the Tanager-1 well to de-risk the Kaieteur Block...
Over 22 persons trained to conduct safety, health inspections on FPSO
More than twenty-two employees from several government agencies and the disciplined services are involved in a five-day, Floating Production and Storage Offloading Vessel (FPSO)...
UG welcomes all to special lecture tomorrow on Crude pricing
Why do oil prices drop or soar? What impact do the current global political events have on the prices? And what does it all...
SBM’s Liza Unity hull arrives in Singapore
Construction of Guyana’s second floating, production, storage and offloading (FPSO) vessel the Liza Unity has ramped up with the arrival of the hull in...
Central Bank moves to strengthen systems to manage Natural Resource Fund
In light of its new role to be the Operational Manager for the Natural Resource Fund (NRF), Central Bank is taking several steps to...
Govt. advised not to make GuyEnergy’s Linden based refinery destination for majority of Guyana’s...
A group of local investors attached to GuyEnergy is pursuing the establishment of a modular refinery in Region 10. But a report seen by...
Standards Bureau signals readiness for role in Oil & Gas sector
Through its mandate from the Weights and Measures Act of 1981, the Guyana National Bureau of Standards (GNBS) is required to ensure that all...
Trinidad formally expresses interest in refining Guyana’s oil
The government of Trinidad and Tobago has formally expressed interest in having an arrangement with Guyana to refine its oil. This was noted in...
Natural Resource Fund will collect discovery, production bonuses and profits from National Oil Company
According to the Natural Resource Fund (NRF) legislation, all petroleum revenues would be paid into an account at the US Federal Reserve Bank. But...
Hess shares ‘on fire’ due to oil producing Stabroek Block- Investment Banks
Since oil production commenced in the Stabroek Block on December 20, last, the shares for Hess Corporation which has a 30 percent stake in...
