Guyana’s oil sector would crumble if opposition’s advice to slow down development is followed
Dear Editor,
I thank the Economic Advisor to the Leader of the Opposition, Elson Low for engaging me on the aforementioned topical debate. Readers would...
Hess announces major Lancetfish-2 oil discovery; reports US$504M in Q3 profits
Hess Corporation, which holds a 30 percent stake in the Stabroek Block, unveiled a significant discovery at the Lancetfish-2 appraisal well in the block,...
The Natural Resource Fund, Withdrawals, and National Development Priorities
Summary
Pursuant to the Natural Resource Fund (NRF) Act, all withdrawals from the NRF to finance the National Budget are subject to approval by the...
Tullow secures Stena Forth Drillship to drill two wells offshore Guyana
UK based Petroleum firm, Tullow, has contracted the Stena Forth, a sixth-generation drillship owned by Stena Drilling, to step up its exploration campaign in...
Payara review being done by former Canadian politician
The Ministry of Natural Resources announced moments ago that the consultant hired to lead a team on the review of ExxonMobil’s Payara Field Development...
Documents reveal Granger, not PPP/C Govt. granted Exxon exploration extension for three blocks
Documents unveiled by the Ministry of Natural Resources on Tuesday show that former President David Granger, not the PPP/C Government, provided Esso Exploration and...
Critically weak Local Content Policy leaves Guyanese disadvantaged in oil industry- PPP Advisor
After perusing Guyana’s Local Content Policy which was released this week, Advisor to the People’s Progressive Party (PPP), Peter Ramsaroop has declared his opinion...
India eyes Guyana as key alternative after losing Iran as oil supplier
A few days ago, the Trump administration decided not to renew waiver that allows countries like India to buy Iranian oil without facing US...
Guyana among few to help global oil industry in medium term recovery-OPEC
According to the latest report of the Organization of the Petroleum Exporting Countries (OPEC), Guyana is not only on track to see its oil...
Suspected gas explosion in Diamond as homeowner digs well
There has been a suspected natural gas explosion in the backyard of a forth street, Section A Block X, Diamond, East Bank Demerara (EBD)...
