Climate change should not prevent Caribbean nations from using oil and gas for development...

  While the COVID-19 pandemic and other troubling global trends have forced a rethinking and reshuffling of investments, developing nations, particularly those in the Caribbean...

Exxon says it will sell Guyana its gas to recover US$1.3B pipeline investment

There are multiple media reports dating back to 2021 which quote Vice President, Dr. Bharrat Jagdeo as saying that ExxonMobil Corporation’s investment in a...

Govt. makes first $41.6B withdrawal this year from oil account

  Senior Finance Minister Dr Ashni Singh announced on Thursday evening that government made its first drawdown this year from the Natural Resource Fund (NRF)...

Exxon making Guyana foot bill for US$160M Ogle office is abusive – Mahipaul

Vexatious, inhumane and abusive is what Opposition Member, Ganesh Mahipaul had to say after learning of ExxonMobil’s admission that Guyana’s oil is paying for...

Pres. Ali charges GDF to protect US$30B oil investments in country’s Exclusive Economic Zone

President Dr Irfaan Ali has charged the Guyana Defence Force (GDF) with the responsibility of safeguarding the US$30 billion oil investments made in Guyana's...

Guyana’s oil account soars to $311B

Bank of Guyana recently disclosed that the closing balance for the nation’s National Resource Fund (NRF) at the end of January 2023 was a...

Mahipaul wants National Assembly to compel release of all documents for Wales Gas-to-Energy Project

Opposition Member of Parliament (MP), Ganesh Mahipaul is now the third APNU+AFC member hoping to successfully summon the powers of parliament to access all...

Qatari experts to help Guyana refine Gas Leak Management Plan

The Government of Qatar is expected to provide Guyana with two experts to assist with the development of a Gas Leak Management Plan. “This...

Audit report on ExxonMobil’s $7.3B bills to be finished by March 2023- Min. Bharrat

Natural Resources Minister, Vickram Bharrat assured members of the National Assembly on Tuesday that the final report on the audit of ExxonMobil’s expenses, incurred...

$100.7M approved for review of Exxon’s plans for sixth project

The Committee of Supply on Tuesday approved $100.7M which will be used to hire a consultant to review key documents for ExxonMobil Corporation’s sixth...

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