Dr. Bynoe giving oil companies an incentive to inflate costs – Jagdeo

“Most ridiculous,” said Opposition Leader Bharrat Jagdeo as he described government’s decision not to sanction oil companies that inflate recoverable costs. Kaieteur News recently reported...

EPA inserts US$45 flaring penalty in Liza Phase Two permit

Having collected over $930M for flaring on the Liza Destiny FPSO which has been plagued by mechanical issues, the Environmental Protection Agency (EPA) has...

Govt. paid former T&T Minister US$20,000 for criticized “discussion paper” on monetizing Guyana’s gas...

Minister of Natural Resources, Vickram Bharrat told Guyana Standard on Thursday that Kevin Ramnarine, former Minister of Energy and Energy Affairs in Trinidad and...

Proposals for model to monetise Guyana’s gas assets under review – VP Jagdeo

The Government of Guyana (GOG), through the Ministry of Natural Resources, is currently reviewing Expressions of Interest (EIOs) for a model aimed at monetizing...

Guyana’s oil sector will take a hit if country is blacklisted — former CFATF...

Poised to become an oil producer as early as this year-end, Guyana should do its best to avoid finding itself back under the active...

UK firm hired to review Exxon, other oil majors Field Development Plans

Out of 17 firms that submitted a bid, UK-based firm Bayphase Oil and Gas Consultants has won the contract to review the Field Development...

Dept. of Energy issues several tenders to help with cost recovery, review of Liza...

The Department of Energy has issued several tenders for international experts to, among other things, assist Guyana in a cost recovery audit and the...

Electric vehicle industry on the cards; charging stations to be piloted this year –...

  Prime Minister Mark Phillips said Guyana remains committed to a low carbon economy, while at the same time advancing its transition away from conventional...

Govt. allocates $100M to review plans for Exxon’s 7th offshore project

The Government of Guyana has allocated $100 million to hire a consultant to review the field development plan (FDP) for ExxonMobil’s seventh development project...

Oil has only exacerbated our problems – Nigel Hughes

Before Guyana started collecting millions of dollars for the exploitation and subsequent sale of its oil resources, there were great expectations about the potential...

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