Guyana’s share from Stabroek Block can be as high as 52 percent in four...
When ExxonMobil begins recovering its costs, Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia says the Nation can expect to see Government’s...
Petroleum Commission does not keep corruption at bay- Vice President
Though it has been nearly seven years since Guyana is without a Petroleum Commission to provide independent regulation of the sector, one should not...
Caribbean Energy Chamber launched at Guyana Energy Conference and Supply Chain Expo
The Caribbean Energy Chamber (CEC) was launched moments ago during a simple ceremony at the Guyana Energy Conference and Supply Chain Expo at the...
ExxonMobil Earns $4 Billion in Second Quarter
United States (US) oil-giant, ExxonMobil today announced its estimated second quarter 2018 earnings of $4 billion. This is being compared to the $3.4B earned during...
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...
World Bank, IMF helping GRA on administering tax avoidance rules for oil sector
All governments face tax administration challenges. But some of these are the result of poorly designed systems that may not provide the tax agency...
Shell Western Supply and Trading Limited to buy first three million barrels of Guyana...
The Energy Department announced today that Shell Western Supply and Trading Limited will be buying the Government’s first three million barrels of oil from...
ExxonMobil suffers US$610M in losses for first quarter, cuts CapEx again by US$10B
ExxonMobil Corporation announced early this morning that it has suffered an estimated first quarter 2020 loss of US$610 million, or US$0.14 per share as...
Projected return easily outweighs cost for gas-to-shore project – Analyst
While the ordinary Guyanese and even some experts, international and local, are concerned about the financial burden to be placed on Guyana with the...
SBM Offshore seeks local partners for air diving services
SBM Offshore's subsidiary, Guyana Deepwater Operations Incorporated (GDO), is actively seeking partnerships to provide air diving services for its fleet of Floating Production Storage...
