Significant gas discoveries in Guyana should be used to develop downstream petrochemical sector-TT Consultant
With Guyana encountering significant gas discoveries, moves should be made to develop a downstream petrochemical sector or export those molecules to gas producing companies...
ExxonMobil will take the first million barrels of oil –Dept. Energy Head
Energy Department Head, Dr. Mark Bynoe revealed today that ExxonMobil will be taking the first million barrels of oil instead of Guyana. At a...
Central Bank prepared for challenges that come with influx of oil money – Dr....
Guyana’s state of preparedness to manage the oil sector from various fronts has been one of the many topical issues for citizens, especially with...
Coastal flooding puts finalisation of National Oil Spill Plan on pause – CDC Head
The recent flooding along coastal Guyana has affected the advancement of the National Oil Spill Response Contingency Plan (NOSRCP) said Civil Defense Commission (CDC)...
Guyana will be paying our taxes, so massive revenue will be unaffected -Hess CFO...
In accordance with international best practices for Production Sharing Agreements (PSAs), the operator is given some tax breaks for imports; but, it is still...
Liza Field to make Hess Corp. a free cash flow engine for shareholders by...
During its third-quarter earnings call, Hess Corporation Executives bragged about the company becoming a free cash flow engine for shareholders by 2022 thanks to...
Wall Street Analyst challenges ExxonMobil on effects of climate change on its operations
Talks of looming profits, increased discoveries, and early oil production in Guyana were not enough to distract Wall Street Analysts from challenging ExxonMobil about...
Jordan, Jagdeo clash on legitimacy of Natural Resource Fund
Opposition Leader, Bharrat Jagdeo has said time and again that the Natural Resource Fund (NRF) is virtually invalid since the APNU+AFC Government pushed through...
First oil in December dependent on favourable weather -ExxonMobil Secretary
While it is thrilling to be closing the third quarter with approximately $3.2B in earnings, officials at ExxonMobil are quite pleased in being able...
Blanket concessions for oil companies and its sub-contractors discriminatory to Guyanese –Jagdeo
The Production Sharing Agreements (PSAs) Guyana signed onto with ExxonMobil, Tullow Oil and others allow for there to be tax breaks on imports for...
