Exxon returns 20% of oil-rich Stabroek Block to State
The Ministry of Natural Resources has confirmed that ExxonMobil Guyana Limited (EMGL) has completed the relinquishment of 20% of its stake in the Stabroek...
Pres. Ali calls for end to Israel-Iran conflict as fuel prices already up by...
With Israel and Iran still trading missile strikes, President Irfaan Ali not only decried this state of affairs on Monday, but also stressed that...
Majority of AFCโs plan for oil sector mirrors work already done by govt.
If it wins the upcoming elections, the Alliance for Change (AFC) said it will make a series of changes to the oil and gas...
AFC promises deep-water port, expanded rice industry if it wins elections
Alliance For Change (AFC) leader Nigel Hughes has outlined an ambitious five-year development plan aimed at transforming transportation, agriculture, and trade across all 10...
PPP will return to gas discussions with Fulcrum after elections-Jagdeo
Until elections are held and the new government has settled, no further discussions will be had with US firm Fulcrum LNG on a strategy...
Exxon and its partners made US$17.7 billion selling Guyanaโs oil last year
By Kemol King
The cash machine that is Guyanaโs Stabroek Block kept humming in 2024, pumping out over US$17.7 billion in revenues for its three...
CLA uninformed, unjustified and in breach of natural justice in their statement on oil...
A recent statement by the Commonwealth Lawyers Association (CLA), urging President Irfaan Ali to withhold assent to the Oil Pollution Prevention, Preparedness, Response and...
Mission Impossible? AFC promises to renegotiate oil contract despite Exxonโs refusal for 7 yrs
For seven years, ExxonMobil has maintained that it will not renegotiate the sweetheart deal it struck in 2016 to collect the lionโs share of...
ExxonMobil still to recover GYD$700B from investment in Guyanaโs oil projects
Despite recording an โaccounting profitโ of US$ 4.73 billion last year, ExxonMobil Guyana Limited (EMGL) is still to recover some GYD$700B from its investment...
Very few can compare to Guyanaโs pairing of top-tier laws with world-class safety equipment...
When it comes to oil spill response and coverage for liabilities, Guyana is setting the benchmark high. According to Natural Resources Minister, Vickram Bharrat,...
