Blanket concessions for oil companies and its sub-contractors discriminatory to Guyanese –Jagdeo

The Production Sharing Agreements (PSAs) Guyana signed onto with ExxonMobil, Tullow Oil and others allow for there to be tax breaks on imports for...

Exxon making Guyana foot bill for US$160M Ogle office is abusive – Mahipaul

Vexatious, inhumane and abusive is what Opposition Member, Ganesh Mahipaul had to say after learning of ExxonMobil’s admission that Guyana’s oil is paying for...

Trinidad formally expresses interest in refining Guyana’s oil

The government of Trinidad and Tobago has formally expressed interest in having an arrangement with Guyana to refine its oil. This was noted in...

“Help make Guyana better” – GTT CEO tells potential O&G investors

Chief Executive Officer (CEO) of the Guyana Telephone and Telegraph Company (GTT), Justin Nedd has called on potential oil and gas investors to “make...

Govt. advised not to make GuyEnergy’s Linden based refinery destination for majority of Guyana’s...

A group of local investors attached to GuyEnergy is pursuing the establishment of a modular refinery in Region 10. But a report seen by...

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...

$100.7M approved for review of Exxon’s plans for sixth project

The Committee of Supply on Tuesday approved $100.7M which will be used to hire a consultant to review key documents for ExxonMobil Corporation’s sixth...

Local Content Act skillfully balances needs of Guyanese and foreign investors- Minister Indar

Junior Minister of Public Works, Deodat Indar, has highlighted the government's belief that the 2021 Local Content Act strikes an almost perfect balance between...

Hess to spend 80 percent of its budget on ‘high return assets’ in Guyana

The exploration and development budget for Hess Corporation is pegged at US$2.9B for 2019, and instead of investing 40 percent of this into Guyana’s...

Jagdeo knocks Harmon’s ignorance on production licence vs. Production Sharing Agreements

During an ongoing press conference at the Arthur Chung Convention Centre, Vice President, Dr. Bharrat Jagdeo exposed just how little the Opposition Leader, Joseph...

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