Exxon to get Yellowtail licence by March; Govt. still pressing for full coverage insurance...
While it was the expectation that the ExxonMobil-led consortium in the Stabroek Block would have gotten its licence for the Yellowtail project since last...
ExxonMobil could be earning at least US$1.6B annually in profits by 2024
Once the Liza Phase One, Two, and Payara on stream simultaneously in 2024, American oil giant, ExxonMobil is expected to rake in at least...
Ali must ensure electoral reform; address social, political problems before 2025 – Economist
In the eyes of regional and international observers, President, Irfaan Ali has assumed office during a most turbulent time; a time which presents unprecedented...
Liza Phase One development cost reduced from US$4.4B to US$3.5B
Hess Corporation reported today that cost for the Liza Phase One project has been substantially reduced. According to the company’s CEO John Hess, the...
Despite record of devastating mishaps, ExxonMobil Guyana President assures company has wherewithal to cover...
Despite having a record of devastating environmental mishaps in various parts of the world, many of which have led to multi-billion dollar fines and...
Bringing down global temperatures to 2 degrees could cut upstream gas investments by 65%...
If the world is to truly advance towards the path of bringing global temperatures down to two degrees, it could have a significant impact...
After multiple delays, CGX says cargo operations at Berbice Deepwater Port to commence within...
The initiation of cargo operations at the Berbice deep-water port facility, spearheaded by Canadian oil explorer CGX Energy Inc., is slated for the second...
National Energy Company not Guyana’s best bet at the moment – Consultants
Chatham House Consultant, Valerie Marcel recently floated the notion that instead of a National Oil Company (NOC), Guyana should opt for a National Energy...
Guyana poised to surpass US, Mexico, and Norway as fourth largest offshore oil producer...
By 2035, Guyana is poised to become the fourth largest offshore oil producer, surpassing renowned players in the global oil and gas industry such...
EPA binds Exxon to tough terms on flaring, insurance for oil spills
The Environmental Protection Agency (EPA) has issued a rigid permit for the Stabroek Block’s fifth project at the Uaru field which is expected to...