Guyana , Mexico to attract the most oil investments for 2019 -Analyst

Guyana and one of its partners on technical cooperation for energy, Mexico, will attract the most investment for 2019. This is according to Andrew...

Repsol, partners to drill first well in this year

Now that American oil giant, ExxonMobil has racked up 12 successful discoveries, its neighbouring offshore competitors are speeding up their drilling plans. This is...

ExxonMobil makes two more discoveries offshore Guyana

American Oil Major, ExxonMobil made two discoveries at the Tilapia-1 and Haimara-1 wells in the southwest section of the Stabroek Block. This announcement was...

Exxonโ€™s Hammerhead well among top five offshore wells to watch for 2019 -Wood MacKenzie

Even though the appraisal results are not completed as yet, ExxonMobilโ€™s Hammerhead is no doubt, one of the top five wells to watch for...

Prices for Motor Gasolene and Gasoil reduced from tomorrow

Starting from tomorrow, Super 95 Gasolene will be wholesaled at $208.00 per litre or 27.44% less, and Gasoil (LSD) at $207.00 per litre or...

Guyana makes ExxonMobil lead explorer for 2018 โ€“Wood Mackenzie

Guyanaโ€™s prolific offshore basin has pushed ExxonMobil to the top of the oil and gas explorersโ€™ leader board for 2018, says industry analyst Wood...

Guyana can use Que$tor software to test reasonableness of companiesโ€™ cost estimates-Oxfam Director

Testing the reasonableness of an oil companyโ€™s cost estimates has been quite a challenge for oil producing nations. But Oxfam Director, Ian Gary, thinks...

Avoid the mistakes of other nationsโ€ฆ Guyana needs law for transparency on cost audits...

โ€œOne of the biggest problems oil producing nations face is that the governing party is usually scared to denounce the actions of the operatorsโ€ฆAnd...

World Bank, IMF helping GRA on administering tax avoidance rules for oil sector

All governments face tax administration challenges. But some of these are the result of poorly designed systems that may not provide the tax agency...

Political parties should state position on renegotiating oil contracts -TIGI Head

Head of Transparency International Guyana Inc. (TIGI), Dr. Troy Thomas, believes that all political parties should state their position on the renegotiation of oil...

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