Exxon addresses concerns about cost recovery audit; says it acted in good faith
ExxonMobil Guyana Limited which operates the oil-rich Stabroek Block, recently addressed concerns about the controversy surrounding the ongoing audit of its expenses totalling US$1.7B,...
Withdrawal rules for NRF being revised to reduce reliance on loans -VP Jagdeo
Vice President, Dr. Bharrat Jagdeo has defended the government’s imminent proposal to raise the debt ceiling for a third time as well as revise...
Int’l Society of Petroleum Engineers to host workshop on development of resources in Guyana/Suriname...
The Society of Petroleum Engineers (SPE) International is set to host a workshop focused on the Guyana/Suriname Basin under the theme, "Strategic development of...
Countries heavily dependent on fossil fuel need to take advantage of low prices- Regional...
The COVID-19 pandemic has shattered the hopes of many oil producing countries in gaining big profits from their exports this year. But even in...
Era of modernized regulation beckons for oil sector as govt. tables Petroleum Activities Bill
In a pivotal move aimed at comprehensively modernizing and regulating the oil and gas industry, the Guyana Government tabled the Petroleum Activities Bill 2023...
Govt. in breach of Constitution by “unilaterally” determining future of Guyana’s oil and gas...
The Government of Guyana’s ramming of the Natural Resources Fund (NRF) legislation through the parliament is tantamount to a departure from parliamentary norms and...
Coastal flooding puts finalisation of National Oil Spill Plan on pause – CDC Head
The recent flooding along coastal Guyana has affected the advancement of the National Oil Spill Response Contingency Plan (NOSRCP) said Civil Defense Commission (CDC)...
Ongoing audit of ExxonMobil’s US$1.6B costs moving at reasonable pace
Dear Editor,
Please permit me to weigh in on the IHS cost recovery audit for the period 1999-2017. I have noted the concerns raised by...
Guyana’s oil ship builder conducts career outreach engagement with Corentyne Comprehensive High School
On November 25, last, SBM Offshore engaged with the fourth and fifth form students of the Corentyne Comprehensive High School to apprise them of...
Guyana faces “ultimate danger” with long-delayed Oil Spill Plan
Director of Power and Money at Oxfam America, Ian Gary, is of the firm view that Guyana’s National Oil Spill Plan should have been...
