GPSU raises concerns over Gov’t thrust to Strengthen Productive Sectors from oil monies

The Guyana Public Service Union (GPSU) has raised concerns over the Government of Guyana's aim to strengthen productive sectors from oil monies. See full statement...

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...

ExxonMobil cuts 2020 budget by US$10B, says third project offshore Guyana to be delayed

As a result of the declining demand for oil on the world market, ExxonMobil said today that it is reducing its 2020 capital spending...

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...

UG students get tour of novel construction techniques at US$300M Vreed-en-Hoop Shore Base facility

Students of the University of Guyana’s Faculty of Technology this week got hands on exposure to the construction techniques being used for the artificial...

Exxon’s Whiptail licence showcases Guyana’s evolved permitting processes – Gossai

In an exclusive interview conducted by Kiana Wilburg, the Chief Executive Officer of the Guyana Energy Conference, Bobby Gossai, the government’s Senior Petroleum Coordinator,...

Chevron and Shell beat ExxonMobil in having most resilient upstream portfolios at US$30/bbl-Wood Mac’s...

When it comes to the supermajors of the oil industry, Wood Mackenzie’s Chief Analyst and Chairman, Simon Flowers, says Chevron and Shell have the...

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 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...

US$900M gas-to-shore project will have Guyana paying for power she cannot utilize – Patterson

  In the absence of detailed analyses for the US$900M gas-to-shore project, Opposition Member, David Patterson contends that the PPP/C Government will have Guyana pay...

Recent Updates