COVID-19 forces ExxonMobil to leave two drill rigs idle offshore Guyana
As a result of the pandemic-related travel restrictions, the Operator of the Stabroek Block, Esso Exploration and Production Guyana Limited (EEPGL), has been forced...
Joel Bhagwandin challenges Tom Sanzillo on his “perplexing” oil spill modelling for CARICOM territories
Dear Editor,
I am writing in reference to an article published in the Sunday May 28th edition of the Kaieteur News, with the caption “Countries...
Guyana’s oil revenues to reach GY$2.3 Trillion by 2028 – IMF Report
By 2028, Guyana’s oil revenues will reach at least GY$2.3 Trillion (US$11B) in royalties and profit oil from at least six floating, production, storage...
Govt. not conducting seismic survey for offshore blocks-VP Jagdeo clarifies
Vice President Dr. Bharrat Jagdeo, in a press briefing on Thursday, clarified that the government will not be conducting a seismic survey on its...
$100.7M approved for review of Exxon’s plans for sixth project
The Committee of Supply on Tuesday approved $100.7M which will be used to hire a consultant to review key documents for ExxonMobil Corporation’s sixth...
Large investment funds walked away from Energy Conference confident in Guyana’s position against Venezuela-VP...
By Kiana Wilburg
Wth the Guyana Energy Conference and Supply Chain Expo ending today at the Marriott Hotel in Kingstown, Vice President, Dr. Bharrat Jagdeo...
Continued progress means achieving local content goals – ExxonMobil CEO
Achieving the goals of local content will see continued progress for Guyanese and local companies, Chief Executive Officer (CEO) of oil giant ExxonMobil, Darren...
Auditors challenge Exxon’s $63M spent on Singapore trips for Ex-govt. officials, social media ads
The second audit into ExxonMobil's Stabroek Block’s 2018-2020 bills has exposed several non-recoverable expenses which Guyana’s oil is unjustly covering. This news agency was...
Guyana inks World Bank loan agreement to build oil and gas capacity
Minister of Finance, Winston Jordan yesterday (April 11, 2019) participated in a signing ceremony with Ms. Tahseen Khan, the World Bank Country Director for...
Brazil, Guyana and Mozambique to be main drivers of 60 percent growth in deepwater...
A new report from international consultancy firm, Wood Mackenzie, finds that global deepwater production will increase 60% by 2030, reaching 17 million barrels of...
