CGX completes seismic survey for northern section of Corentyne Block within budget
Executive Chairman and Director of CGX Energy Inc., Professor Suresh Narine, has disclosed that the company finally completed its seismic acquisition campaign on the...
Jagdeo calls out Hess as “insensitive” over recent comments about lopsided Guyana deal
Leader of the Opposition, Bharrat Jagdeo has taken umbrage to recent comments made by a high-ranking Hess Corporation official about the lopsided deal which...
IMF’s estimated 86% increase in Guyana ‘s GDP does not necessarily bode well for...
Opposition Leader, Bharrat Jagdeo has qualms about the International Monetary Fund's (IMF) prediction that Guyana’s Gross Domestic Product (GDP) will grow by 86% by...
Guyana basin to see rapid Exploration Programme by Exxon, Tullow, CGX in coming months-Dr....
Even as the Department of Energy accelerates preparations for first oil next month, it is also gearing itself for a rapid exploration programme by...
Exxon, Energy Dept. working to include Guyanese in completion of Liza Unity
Energy Department Head, Dr. Mark Bynoe recently disclosed that works on the Liza Unity, the second Floating Production Storage and Operating (FPSO) Vessel for...
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...
