Govt.’s Green Paper on Natural Resources Fund takes Guyana back to square one –...

Leader of the Opposition, Bharrat Jagdeo, is not impressed with Government’s Green Paper – “Managing Future Petroleum Revenues and Establishment of Fiscal Rule and...

Latest discoveries in Stabroek Block could hold over half a billion barrels of recoverable...

Following its data review of the most recent discoveries in the Stabroek Block, being Fangtooth and Lau Lau, Norwegian Consultancy Group, Rystad Energy says...

Strategic partnerships between gov’t, investors propelling Guyana’s crude market evolution- S&P Global

Against the backdrop of evolving global energy players, Guyana's emergence as a significant producer in the crude oil market is garnering attention. Leading provider of...

ExxonMobil’s history of oil spills justifies High Court ruling demanding unlimited parent guarantee- Jermaine...

Taking into consideration ExxonMobil Corporation’s record of environmental damage in various countries, Opposition Member of Parliament (MP), Jermaine Figueira, said a recent High Court...

Guyana has not been very successful in transforming natural resource wealth -World Bank

Guyana’s natural resource wealth is estimated to be the highest in the Caribbean even before the discovery of oil. Yet, this new oil producer...

Negotiations for new oil blocks still ongoing-VP Jagdeo

The Government of Guyana is yet to conclude negotiations with the companies that won oil blocks in the 2022 Licensing Round. Vice President, Dr....

Kawa-1 well to be spud in August; drilling and evaluation estimated to cost US$85M

CGX Energy and its partner, Frontera Energy Corporation, announced this morning that the Kawa-1 well in the Corentyne block is expected to be spud...

Govt. completes amendments to Liza Phase 1 plans to support US$2B gas-to-energy project

The Government of Guyana has completed the necessary amendments to the Field Development Plan (FDP) for the Liza Phase One Project to ensure all...

Saipem issues EOI for local providers of occupational health and infirmary services

Saipem Guyana Inc., a prominent force in offshore projects within the Stabroek Block, has released an Expression of Interest (EOI) soliciting occupational health and...

ExxonMobil appears to be taking advantage of Guyana with its flaring-AFC Leader

Leader of the Alliance For Change (AFC), Khemraj Ramjattan was keen to note during a virtual press conference today that he holds the firm...

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