Going forward … Guyana has no excuse if it repeats another ExxonMobil contract...

The Guyana-ExxonMobil Production Sharing Agreement (PSA) has been criticized at length for its appalling weaknesses. With lessons learned from that...

ExxonMobil ready for any eventuality of oil spill – Country Manager

In wake of the recent oil spill in the Gulf of Paria in Trinidad and Tobago, Guyana’s state of preparedness...

Govt. must address tax treatment for environmental issues before any other contract is...

Before any other contract is signed or revised for the oil and gas sector, Guyana needs to have in place...

Department of Energy to be fully functional by end of August – Granger

President David Granger has assured that Guyana will have a fully functional Department of Energy by the end of August.  “I...

Guyana must push for decommissioning policy now –United Nations

In an oil and gas project, special instruments are used to drill holes into the earth’s surface to allow for...

UN urges Guyana to conduct thorough due diligence on future oil operators

All Governments are expected to conduct “thorough” due diligence on oil companies before entering negotiations. A failure to do this...

Openness in contract negotiations must become a legal requirement for Guyana- Int’l Oil Expert

“It is not enough to demand the mere disclosure of final contracts. While it is an important element of transparency...

Many in Govt. and private sector advocating for a National Oil Company just to...

The APNU+AFC Government is yet to decide if it will create a National Oil Company (NOC). The government is also...

Parliament too weak to hold Govt. accountable for mismanagement of oil wealth -Ramson

A country’s Parliament holds the power to prevent the mismanagement of State revenue and even institute punitive measures against leaders...

ExxonMobil Foundation to invest US$10M in Guyana for Research, Sustainable Employment and Conservation

ExxonMobil Foundation indicated today that it will contribute US$10 million to a new collaborative venture with Conservation International and the...

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