Draft Petroleum Act paves way for Guyana to tackle discoveries overlapping into other territories

‌Government’s 2023 Petroleum Activities Bill incorporates provisions to address cross-border unitization of discoveries. The term is used in a circumstance where a petroleum reservoir...

Litigants urge Chief Justice to issue decision on case challenging Exxon’s amended permits for...

Three Guyanese women who filed a case last year against the Environmental Protection Agency (EPA) for allowing ExxonMobil Guyana to engage in excessive flaring...

Exxon’s UK driller seeking Guyanese to provide offshore medical support services

World-renowned UK driller, Noble Corporation said it is seeking information from appropriately qualified local professionals to provide offshore medical support services aboard its advanced...

Pending US Exim bank loan for gas project unaffected by arbitration process with contractor-...

Vice President, Dr. Bharrat Jagdeo during a press conference today, addressed concerns surrounding the arbitration process involving contractor for the gas-to-energy project, CH4/Lindsayca and...
christopher ram

Guyana’s embryonic oil sector being governed by laws from 1986

The “outdated, inadequate” pieces of petroleum legislation on Guyana’s books will do no good for the country. This is what attorney-at-law, Christopher Ram said in...

Govt. approves 13 more Local Content Annual Plans

The Ministry of Natural Resources (MNR) recently granted its approval to 13 additional Local Content Annual Plans for the reporting year of 2023. This...

Guyana advanced in modernizing framework for effective oil sector management – IMF

The International Monetary Fund (IMF) noted in its country report on Guyana today that the Government of Guyana (GoG) has made significant strides in...

Orinduik partners push back drilling plans to 2021

Eco Atlantic, the Canadian firm which holds a 15 percent working interest in the Orinduik Block, recently announced that two wells will be drilled...

First well on Kaieteur Block will be drilled in second half of 2020-Hess Boss...

Hess Corporation’s Chief Executive Officer (CEO), John Hess, revealed this week that ExxonMobil will be drilling its first well in the Kaieteur Block during...

60 percent of Exxon’s investments in products, services are supplied from outside Guyana

“More than 60 percent of ExxonMobil’s investments in products and services are supplied from outside these shores. Yet, there has been no serious attempt...

Recent Updates