Italian company SICIM lands contract for Gas-to-Energy Project
Italy-based oil and gas services company, SICIM has been awarded a pivotal role in Guyana's Gas-to-Energy Project, valued at an impressive US$55 million. This...
GRA gives recommendation to finalize audit of Exxon’s expenses
During his customary weekly press conference held yesterday, Jagdeo stressed that the Guyana Revenue Authority (GRA), the main tax regulator in Guyana, has recommended...
Guyana received 14 bids for eight oil blocks- VP Jagdeo
Vice President, Dr. Bharrat Jagdeo, announced today that the country's recent oil block bid round garnered significant interest, with offers received for eight out...
Pres. Ali hails Guyana’s success in securing bids for 8 oil blocks amid global...
President Dr. Mohamed Irfaan Ali says he is not disappointed with the fact that Guyana only received bids for 8 of the 14 offshore...
Govt. predicts closing 2023 with $609 billion in revenues
Strong economic performance across several sectors has resulted in an improvement of Central Government’s revenue to $280.1 billion at half year. Forecast by authorities...
Booming times ahead as Guyana’s export earnings skyrocket to US$6B
Key investments by the current administration are bringing in massive gains as the country’s export earnings soared by an outstanding 38.8 percent to US$6B...
ExxonMobil submits Cumulative Impact Assessment for 12 well programme in Canje Block
ExxonMobil Guyana Limited has officially submitted its Cumulative Impact Assessment (CIA) and Environmental Impact Statement (EIS) to the Environmental Protection Agency (EPA) for its...
Guyana’s oil production set to soar with new developments- Mid-Year Report
Guyana, a burgeoning player in the global oil industry, has reported a significant upswing in its oil production in the first half of 2023,...
Opposition alleges lack of transparency in US$2.2B Wales Gas-to-Energy project
The political opposition has raised concerns about the transparency of the Government regarding the Wales Gas-to-Energy project, laying accusations that it is withholding crucial...
Govt. to apply “best practices” from recent oil law updates to Exxon’s field development...
Vice President, Dr. Bharrat Jagdeo, emphasized that the recent updates to petroleum legislation and the introduction of new model Production Sharing Agreements (PSAs) will...
