ExxonMobil still to recover GYD$700B from investment in Guyana’s oil projects
Despite recording an “accounting profit” of US$ 4.73 billion last year, ExxonMobil Guyana Limited (EMGL) is still to recover some GYD$700B from its investment...
Very few can compare to Guyana’s pairing of top-tier laws with world-class safety equipment...
When it comes to oil spill response and coverage for liabilities, Guyana is setting the benchmark high. According to Natural Resources Minister, Vickram Bharrat,...
Govt. will raise issues of inflated costs if Canadian company moves to court on...
Vice President, Dr. Bharrat Jagdeo has signaled that the government is prepared to reveal concerns about inflated costs if Canadian oil company, Frontera Energy,...
Audit confirms Guyana got rightful oil share from 2018-2020; only US$65M out of US$7.3B...
The Ministry of Natural Resources (MNR) on Friday disclosed that an audit by VHE Consulting has confirmed that Guyana received its rightful share of...
Ministry slams former EPA Head over “blatant lie” that PPP abandoned APNU+AFC plans to...
See full statement below
The Ministry of Natural Resources wishes to respond to an article published in the Kaieteur News edition of May 9, 2025...
Canadian company threatens legal action over expired licence for Guyana oil block; says asset...
Canadian oil company, Frontera Energy says it is not giving up its claim to Guyana’s Corentyne Block without a fight, despite the licence coming...
‘We will not stop exploration for more oil’ – GS Jagdeo
Vice President and General Secretary of the People’s Progressive Party (PPP), Dr Bharrat Jagdeo made it clear that his government will continue to encourage...
Guyana’s oil helps Exxon, Hess & CNOOC bank US$13.2 billion in Q1 profits despite...
ExxonMobil, Hess Corporation, and CNOOC Ltd. posted a combined net profit of US$13.2 billion in the first quarter of 2025, with strong production offshore...
Trinidad PM says gas deal with Venezuela ‘dead’; now looks to Guyana, others as...
Trinidad and Tobago’s newly elected Prime Minister, Kamla Persad-Bissessar SC, has officially pronounced the long-delayed Dragon gas deal with Venezuela as “dead” and signalled...
Guyana’s sweet crude helps Hess earn US$430 million in 2025 first quarter
Hess Corporation, which holds a 30 percent stake in Guyana’s Stabroek Block, today reported that it earned US$430 million in the first quarter of...
