Guyana is now an oil-producing State- Pres. Granger
President David Granger announced moments ago that Guyana is officially producing oil. He will soon issue a proclamation declaring today, December 20, as National...
We have “erected fences” to protect Guyana’s oil wealth –PM Nagamootoo assures
In spite of what the political grinches, naysayers or doomsday ghouls would want to say, it is an undeniable fact that the APNU+AFC administration...
Guyana’s success with Oil hinges on its ability to contain corruption-Dr. Hinds
The APNU+AFC Government, along with the People’s Progressive Party (PPP), and a dozen other parties have made known, to varying degrees, their plans for...
Dr. Bynoe giving oil companies an incentive to inflate costs – Jagdeo
“Most ridiculous,” said Opposition Leader Bharrat Jagdeo as he described government’s decision not to sanction oil companies that inflate recoverable costs.
Kaieteur News recently reported...
A Local Content Policy of high quality must outline strategy to build capacity for...
Any Local Content Policy that purports to be of high quality, and is for the people, has a few fundamental characteristics in common. One...
Oil export routes will be monitored to keep drug smuggling gangs at bay –Statia
In a month’s time, traders from around the world would be chartering several vessels to purchase oil from the Stabroek Block which is operated...
Crude Lifting Agreement for Stabroek Block oil finalized-Dr. Bynoe
The Crude Lifting Agreement which sets out the rules and guidelines to be followed for the sale of petroleum from the Stabroek Block has...
Local Content Policy to be ready in time for First Oil-Dr. Bynoe
Head of the Energy Department, Dr. Mark Bynoe, revealed today that the final draft of the Local Content Policy was submitted by UK Consultant,...
“No side-deals” taking place in face-to-face bidding for Guyana’s crude with oil companies-Energy Dept....
Energy Department Director, Dr. Mark Bynoe assured members of the media this morning that there is nothing nefarious taking place in the “face-to-face” bidding...
Energy Dept. defends decision to invite selected group of traders, refiners for face-to-face bidding...
Even though there are speculations of possible corruption afoot, the Department of Energy is maintaining that its decision to invite a select group of...
