Guyana continues to shine as a global exploration hotspot despite industry headwinds
In spite of the immediate industry outlook which is characterized by low oil prices and depressed demand, Guyana continues to shine as a global...
Guyana oil blocks auction postponed again
The government has once again decided to postpone Guyana's inaugural auction, the 2022 Licensing Round. Vice President, Dr. Bharrat Jagdeo made this announcement during...
Private sector must have a voice in drafting Petroleum framework – GCCI President
Recently appointed President of the Georgetown Chamber of Commerce and Industry (GCCI), Nicholas Doerga, categorically stated today that the Chamber wants to have a...
Jordan, Jagdeo clash on legitimacy of Natural Resource Fund
Opposition Leader, Bharrat Jagdeo has said time and again that the Natural Resource Fund (NRF) is virtually invalid since the APNU+AFC Government pushed through...
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 am very confident that...
Eco Atlantic poised to earn US$3.6B once Orinduik’s full oil potential is realized-CEO
The most recent Competent Person’s report on the Orinduik Block notes that it holds, at best, 3.98 billion barrels of oil which are spread...
Poorly paid civil servants, weak institutions will always make your natural resources easy loot...
Much has been said about the need for robust Petroleum laws and policies. But what difference would it make if the guardians of the...
CNOOC charters New Melody tanker for its first million barrels of sweet, light Liza...
By March 24, Chinese state oil company CNOOC/NEXEN will lift one million barrels of sweet, light crude from the Stabroek Block’s Liza Phase One...
Govt. welcomes Exxon’s three new discoveries in Stabroek Block
Please see below, the full statement from government on the latest announcement by ExxonMobil.
The Government of Guyana through the Ministry of Natural Resources, in...
ExxonMobil’s third drillship headed to Stabroek basin
ExxonMobil has added a third drillship to its Guyana basin with the Noble Tom Madden to join the Stena Carron as the oil major...
