Oil will not have transformational impact when govt. systems are weak- Economist
Promising transformational impacts from the looming oil wealth in the short or medium term, without lending any consideration to the poor state of governance...
Venezuelan incursion forces Exxon to halt seismic operations
An incursion by the Venezuelan military today in Guyanaโs territorial waters has forced American oil giant, ExxonMobil to halt its 3-D seismic operations on...
Guyana not getting the most from foreign advisory services on oil and gas -Petroleum...
Petroleum Advisor to the Government, Matthew Wilks, is of the firm view that Guyana is not getting the most from foreign advisory services on...
Guyanaโs model PSA must allow Govt. to pay surprise visits to petroleum facilities-GRA Head
Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia is pleased that the newly established Energy Department is pursuing the creation of a...
Guyana govt. failing it’s people for sake of Exxon, allows company to hide development...
โIn Uganda, the United States, Singapore, Pakistan, and 30 other countries, citizens have access to the development plans of ExxonMobil and all other oil...
Republic Bank establishes Petroleum Committee
With the goal of โmeeting the banking needs of a new breed of clienteleโ, Republic Bank (Guyana) has established an internal Oil and Gas...
Guyana basin may hold up to 10 B barrels of oil equivalent reserve-Wood Mackenzie...
Outside of the Organization of the Petroleum Exporting Countries (OPEC), there are only 10 other countries which produce more than one million barrels of...
Nation receives no assurance of systems to protect oil money โOpposition MP
Deliberations on the current and capital estimates for budget 2019 are set to close today. Yet, most ministers have said little or nothing about...
Local authorities clueless on skills needed for oil sector
The United Nations Development Programme (UNDP) is โappalledโ that the Government of Guyana has been receiving millions of dollars from donor partners like the...
Two years laterโฆGuyana still without Upstream Oil and Gas Policy
Since 2016, the Ministry of Natural Resources was entrusted with the responsibility to complete an Upstream Oil and Gas Policy for the nation. But...
