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...

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...

24 Guyanese set to gain accelerated access to oil sector through Learn & Earn...

Applications are now open for 24 Guyanese to get accelerated access to the oil and gas sector with free specialised training in non-destructive testing...

EPA grants approval for US$12.7B Uaru Project

The Environmental Protection Agency (EPA) announced moments ago that it has approved the Uaru Petroleum Development Project. The agency said it granted a 5-year...

Urgent action needed to ensure energy security, climate resilience – Dr. Carla Barnett, CARICOM...

Secretary-General for the Caribbean Community (CARICOM), Dr. Carla Barnett on Monday underscored the need for regional partners to intensify their efforts towards achieving energy...

High levels of poverty despite an influx of oil proceeds reflect bad governance –...

Even as Guyana rakes in billions of dollars from its oil and gas sector, many citizens are still reeling from high cost of living,...

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...

Guyana to carefully examine India’s proposal for long-term purchasing of Stabroek Block crude

While India has expressed great interest in purchasing oil from Guyana via a long-term agreement, the PPP/C government says it is not inclined to...

Govt boasts of accountable management of NRF as balance reaches US$1.46B

The Government of Guyana is boasting of its management of the nation’s oil- wealth as the Natural Resources Fund (NRF) has reached an impressive...

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