Guyana making progress but needs to release more info on revenues, contracts -EITI Boss ...
Executive Director of the Norway-based Extractive Industries Transparency Initiative (EITI), Mark Robinson has lauded Guyana’s efforts thus far at deepening governance in the mining...
CGX fails to honour work commitments, has not drilled a well in 13 years-Jagdeo
Vice President, Dr. Bharrat Jagdeo who is responsible for oversight of the oil sector, disclosed moments ago during a press conference at the Arthur...
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...
ExxonMobil Guyana has more than US$21B at its disposal to cover oil spill costs-...
Top officials at ExxonMobil Guyana faced the media today to set the record straight on a number of distorted positions being peddled in the...
Tullow says investors “frustrated” with low oil quality in Guyana licenses
UK Exploration and Production Company, Tullow Oil, has received reports of frustration from its investors as it relates to low oil quality discoveries in...
Oceaneering initiates search for local real estate partners to enhance staff housing
Oceaneering, a prominent name in the oil and gas industry, has unveiled its intention to collaborate with local real estate companies to elevate the...
Liza field produced over 2.7m barrels of oil to date, Guyana to take first...
To date, the Liza One field has produced over 2.7 million barrels of oil and Guyana is scheduled to take its first lift of...
Guyana spent over US$900M in fuel imports for 2019 & 2020; Govt. turns to...
For decades, Guyana has remained dependent on imports of liquid fossil fuels to satisfy its energy needs. In fact, such imports which leave behind...
Eco Atlantic engages third-party consultant for preliminary evaluations on heavy oil in Orinduik Block
Eco Atlantic Oil and Gas Ltd. announced today that it has engaged a third party consultant to help the Orinduik partners have a better...
Hess nets a whopping US$667 million in earnings for 2022 second quarter
Hess Corporation reported today that it recorded a net income of US$667 million, or US$2.15 per common share, in the second quarter of 2022,...
