Gov’t leaves us in the dark about how it used over $100M from Exxon...

During each year of holding the Stabroek Block licence, ExxonMobil and its partners are expected to pay Guyana approximately $62.5M to ensure...

Guyana will rise to be king of the heap- Simon Flowers, Woodmackenzie Chairman

When one takes into account, the quality of the reserves in the golden Stabroek block, along with the fact that the phased development of...

Exxon contributes GYD$20M to support STEM conference

ExxonMobil Guyana has teamed up with the Volunteer Youth Corps (VYC) Inc. to stage the 7th Science, Technology, Engineering and Mathematics (STEM) Conference held...

Guyana to pursue drafting of legislation to forbid routine flaring of associated gas

Even though the Government of Guyana has made it clear that flaring is not permitted, it will still pursue the drafting and subsequent enforcement...

US$35M Hyatt Hotel to open in 2024 at Providence; design in keeping with LCDS 

SIR Investments Ltd recently informed the Environmental Protection Agency (EPA) of its intention to develop a Hyatt Place Hotel to be located at 2441...

SBM Offshore to supply Guyana with more FPSOs following agreement with Exxon

Following its completion and delivery of the Liza Destiny, Guyana’s first Floating Production Storage and Operating (FPSO) vessel, SBM Offshore has successfully secured a...

Whiptail discovery big enough for its own FPSO –John Hess

Chief Executive Officer (CEO) for Hess Corporation, John Hess recently told industry stakeholders that the Whiptail discovery which was made at two wells is...

Speaker blocks opposition’s motion to discuss court ruling on Exxon’s insurance coverage for oil...

Speaker of the National Assembly, Manzoor Nadir today refused to have members of the House consider an Opposition motion which sought to discuss the...

Natural Resource Fund may be doomed to fail – Ramson Jr.

International experts have warned Guyana on several occasions that, without consensus, key laws like those governing the Natural Resource Fund (NRF) would be doomed...

Guyana to secure $660 million loan for Gas-to-Energy Project from US EXIM Bank

Vice President, Dr. Bharrat Jagdeo announced on Thursday that Guyana is set to secure a US$660 million loan from the Export-Import (EXIM) Bank of...

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