Min. Bharrat welcomes latest Stabroek Block discoveries; says regulators were mandated to expedite drill...
Natural Resources Minister, Vickram Bharrat disclosed on Wednesday that while the government is pleased with the latest discoveries in the Stabroek Block, it was...
Gov’t receives survey charts for expanded Demerara River channel
The Public Works Ministry received survey charts for the expanded Demerara River channel from RG holdings’ Vreed-en-Hoop Shore Base Inc on Friday.
With the expansion...
$100.7M approved for review of Exxon’s plans for sixth project
The Committee of Supply on Tuesday approved $100.7M which will be used to hire a consultant to review key documents for ExxonMobil Corporation’s sixth...
Cash transfers to every household not feasible even at highest point of oil revenues...
President Dr Mohamed Irfaan Ali on Thursday made it clear that even at the highest point of oil and gas revenues, Guyana cannot afford...
WoodMac report says high interest rates could slow energy transition
In a recent report titled “Conflicts of Interest: The Cost of Investing in the Energy Transition in a High Interest-Rate Era,” Wood Mackenzie, a...
BREAKING: Exxon strikes three more oil discoveries; resource estimate soars beyond 11B barrels
ExxonMobil Corporation announced moments ago that it made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek...
Fiscal terms of draft model PSAs will not change – VP
No amount of dissatisfaction expressed by oil companies about the draft model Production Sharing Agreements (PSA) will result in any altering of the fiscal...
Canadian explorers must drill second well in Corentyne Block by January 2023
Frontera Energy Corporation and CGX Energy Inc., the Canadian joint venture partners in the Corentyne block offshore Guyana announced today, its continued commitment to...
SLB given another EIA exemption by EPA for East Bank storage and calibration facility
SLB, formerly known as Schlumberger, has been granted another exemption from the Environmental Protection Agency (EPA) to conduct an Environmental Impact Assessment (EIA) for...
Guyana, India to sign Energy MoU for cooperation on exploration, oil sales, capacity building
Guyana and India are poised to sign a Memorandum of Understanding (MoU) that will allow for cooperation on the exploration of oil blocks, the...
