Mohamed-led govt. will renegotiate Exxon’s oil contract
If U.S.-sanctioned businessman Azruddin Mohamed becomes president of Guyana, his party, We Invest in Nationhood (WIN), plans to bring ExxonMobil and its partners back...
Exxon loses arbitration, welcomes Chevron to Guyana’s Stabroek Block
ExxonMobil welcomed its rival oil major Chevron into the Stabroek Block offshore Guyana, following news that it lost an arbitration battle over Hess Corporation’s...
Fernandes blisters PPP for missing opportunities to invest oil money in safe projects overseas
Prime Ministerial candidate for the A Partnership for National Unity (APNU), Juretha Fernandes contended on Friday that the People’s Progressive Party/Civic (PPP/C) government has...
APNU will use oil money to deliver transformative manifesto promises
Dear Editor,
While oil is critical to the development of Guyana, it must be noted that it is not an infinite resource and therefore, has...
Exxon returns 20% of oil-rich Stabroek Block to State
The Ministry of Natural Resources has confirmed that ExxonMobil Guyana Limited (EMGL) has completed the relinquishment of 20% of its stake in the Stabroek...
Pres. Ali calls for end to Israel-Iran conflict as fuel prices already up by...
With Israel and Iran still trading missile strikes, President Irfaan Ali not only decried this state of affairs on Monday, but also stressed that...
Majority of AFC’s plan for oil sector mirrors work already done by govt.
If it wins the upcoming elections, the Alliance for Change (AFC) said it will make a series of changes to the oil and gas...
AFC promises deep-water port, expanded rice industry if it wins elections
Alliance For Change (AFC) leader Nigel Hughes has outlined an ambitious five-year development plan aimed at transforming transportation, agriculture, and trade across all 10...
PPP will return to gas discussions with Fulcrum after elections-Jagdeo
Until elections are held and the new government has settled, no further discussions will be had with US firm Fulcrum LNG on a strategy...
Exxon and its partners made US$17.7 billion selling Guyana’s oil last year
By Kemol King
The cash machine that is Guyana’s Stabroek Block kept humming in 2024, pumping out over US$17.7 billion in revenues for its three...
