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...
Liza Phase One to reach peak production in three to four months –Hess CEO
Chief Executive Officer (CEO) of Hess Corporation, John Hess, recently disclosed to investors that not only is first oil in Guyana expected in December...
Nothing must affect timetable for first oil –Jagdeo tells Exxon
During a recent meeting with ExxonMobil, the People’s Progressive Party (PPP) made it clear that it does not want anything to affect the timetable...
Jagdeo supports Exxon selling Guyana’s oil entitlement until elections are over
Even though the government has announced that Guyana would be selling its share of the oil, Opposition Leader, Bharrat Jagdeo believes that ExxonMobil should...
Draft Local Content Policy makes no provision for development fund to help struggling businesses
For over three years, local entrepreneurs desirous of servicing the oil sector have bemoaned the difficulties faced in accessing capital from the banking sector....
Ramps Logistics clears Rowan jackup rig for Repsol’s Carapa-1 well on Kanuku block
Director of New Ventures at Ramps Logistics, Javed Razack has revealed that the company’s local team recently cleared the Rowan/Valaris EXL II jackup rig...
