CGX suffered net loss of US$2.7M in second quarter, prepares to give up 25%...

According to its unaudited financial statements for the period ended June 30, 2020, CGX Resources Inc, reported to the market that it has suffered...

KS Shipping seeking EPA approval for Friendship wharf facility

Local company, KS Shipping Line Inc. has submitted a comprehensive proposal to the Environmental Protection Agency (EPA) seeking approval for licences and permits for...

Considerable Progress being made in development of Liza Phase One –ExxonMobil

The development of Liza Phase One is making considerable progress. In fact, several ministers, members of the diplomatic community and ExxonMobil’s contractors, assembled at...

CGX fails to honour work commitments,  has not drilled a well in 13 years-Jagdeo

Vice President, Dr. Bharrat Jagdeo who is responsible for oversight of the oil sector, disclosed moments ago during a press conference at the Arthur...

$2.5B contract inked for construction of new GNBS lab at Sophia

The Government of Guyana (GoG) through the Ministry of Tourism, Industry and Commerce, today, signed a GYD $2.5B contract with NABI Construction Inc., for...

EPA binds Exxon to tough terms on flaring, insurance for oil spills

The Environmental Protection Agency (EPA) has issued a rigid permit for the Stabroek Block’s fifth project at the Uaru field which is expected to...

IMF, Commonwealth Secretariat helping Guyana with review of legal and regulatory frameworks for oil...

Developmental partners such as the Commonwealth Secretariat, the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank (IDB), are assisting Guyana...

ExxonMobil’s local content bill over $60B; costs were never audited by Granger regime

From 2015 to 2019, American oil giant, ExxonMobil has claimed that its subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) along with its subcontractors,...

CGX’s Deep Water Project to cost US$130M, poised to create 1000 construction jobs

CGX Energy, through its wholly-owned subsidiary, Grand Canal Industrial Estates (GCIE) announced recently that its Berbice Deep Water Port which is currently under construction,...

Second batch of Guyanese Trainee Technicians commence one-year programme in Canada- SBM Offshore

Dutch manufacturer for Guyana’s oil ships, SBM Offshore disclosed today that the second cohort of its Trainee Technicians arrived in Canada where they will...

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