Exxon strikes two Whiptail discoveries; Hess says drilling to continue to test deeper targets

ExxonMobil Corporation disclosed this morning that it made two discoveries at the Whiptail-1 and Whiptail-2 wells in the Stabroek Block. Whiptail-1 is being drilled in...

Oil Companies have personal interests, not personal friends; be mindful of corruption – Ghanaian...

The custodians of the new-found wealth offshore Guyana were today recipients of a stern warning from the Chief Executive Officer (CEO) of the African...

ExxonMobil’s safety drilling and production operations to undergo rigorous audit this year- Production Licence

Drawing on the lessons learnt from the award of petroleum production permits with ambiguous terms and loopholes for abuse, the People’s Progressive Party /...

Guyana losing $70B annually through misuse of duty-free fuel

The Guyana Revenue Authority (GRA) is facing an uphill battle trying to prevent the misuse of duty-free fuel by various government entities and companies. According...

Eco-Atlantic pursues 80% farmout deal for Orinduik Block in Guyana

Eco Atlantic Oil & Gas, under the leadership of its Chief Executive Officer (CEO), Gil Holzman, is engaged in finalizing a farmout deal for...

President Granger delivers false impression to GIPEX delegates –Ramson

Seventy-five percent of the revenue to be made from Guyana’s oil will be going towards ExxonMobil’s expenses that include billions of dollars worth in...

Govt. covering costs for Gas-to-Energy project until US Exim bank approves US$660M loan –...

While the US Exim Bank is yet to green light a US$660 million loan to support the government’s Wales Gas-to-Energy project, Vice President, Dr....

Energy Expert urges APNU+AFC Govt. to begin refining outdated petroleum laws

“Guyana needs to refine its petroleum laws and legal framework or else it will be cursed for good. I can't say that I am...

Low Carbon Development Strategy scheduled for update to include Guyana’s new categorisation as oil-producing...

Now that Guyana is an oil-producing nation, the People’s Progressive Party/Civic (PPP/C)’s flagship low carbon emission initiative is scheduled for an overhaul. The PPP/C...

Oil takes centre stage during discussions between US Congressmen and Minister Trotman

Minister of Natural Resources, Raphael Trotman headed a delegation of Natural Resources officials during a meeting with Congressmen and military officials of the United...

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