Pres. Ali hails Guyana’s success in securing bids for 8 oil blocks amid global...
President Dr. Mohamed Irfaan Ali says he is not disappointed with the fact that Guyana only received bids for 8 of the 14 offshore...
Govt. predicts closing 2023 with $609 billion in revenues
Strong economic performance across several sectors has resulted in an improvement of Central Government’s revenue to $280.1 billion at half year. Forecast by authorities...
Booming times ahead as Guyana’s export earnings skyrocket to US$6B
Key investments by the current administration are bringing in massive gains as the country’s export earnings soared by an outstanding 38.8 percent to US$6B...
ExxonMobil submits Cumulative Impact Assessment for 12 well programme in Canje Block
ExxonMobil Guyana Limited has officially submitted its Cumulative Impact Assessment (CIA) and Environmental Impact Statement (EIS) to the Environmental Protection Agency (EPA) for its...
Guyana’s oil production set to soar with new developments- Mid-Year Report
Guyana, a burgeoning player in the global oil industry, has reported a significant upswing in its oil production in the first half of 2023,...
Opposition alleges lack of transparency in US$2.2B Wales Gas-to-Energy project
The political opposition has raised concerns about the transparency of the Government regarding the Wales Gas-to-Energy project, laying accusations that it is withholding crucial...
Govt. to apply “best practices” from recent oil law updates to Exxon’s field development...
Vice President, Dr. Bharrat Jagdeo, emphasized that the recent updates to petroleum legislation and the introduction of new model Production Sharing Agreements (PSAs) will...
Govt. withdraws US$200 Million from Natural Resource Fund
Guyana's Senior Finance Minister, Dr. Ashni Singh, confirmed on Thursday that government has completed its third and fourth withdrawals from the Natural Resource Fund...
Repsol will have to forfeit US$500M in exploration costs under new licence if granted,...
In the event that the Government of Guyana decides to grant Repsol a fresh prospecting licence, the company could find itself unable to claim...
Examining the facts: Is govt. willing to step on ExxonMobil’s toes in protection of...
By Abena Rockcliffe
Several Guyanese who demonstrate concern about oil and gas, and the government’s handling of this golden egg, expressed their belief that the...
