Venezuelan migrants are new pawns in an emerging oil giant’s political tug-of-war
Venezuelans seeking greener pastures are now being placed at the centre of a controversy as two major political parties battle for power in Guyana,...
Oil will shrink pool of skilled labour force available to competing sectors- Exxon warns
ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has warned that the onset of development works for its US$10B Yellowtail Project could place...
“You cannot benefit from your own wrong”; NRF challenge bound to fail – AG
Attorney General and Minister of Legal Affairs, Anil Nandlall cited the legal maxim, "One cannot benefit from his/her own wrong" in his recent commentary...
PNCR mounts legal action against NRF passage; cites use of “mock mace”, lack of...
Yesterday, the legal challenge to the Natural Resource Fund (NRF) (amendment) Act was filed in the names of Opposition Parliamentarian, People's National Congress Reform...
Civil society group urges govt. to release US$10B Yellowtail Production Licence
On Friday, April 1, the Ministry of Natural Resources issued to ExxonMobil’s subsidiary Esso Exploration and Production Guyana Limited (EEPGL), a Petroleum Production Licence...
Exxon makes final investment decision for US$10B Yellowtail project; first oil scheduled for 2025
ExxonMobil Guyana announced this morning that it has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory...
Govt. binds ExxonMobil to rigid insurance, flaring provisions in Yellowtail Environmental Permit
The Government of Guyana, through its regulatory arm, the Environmental Protection Agency (EPA), has bound ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL),...
US$10 Yellowtail Project approved; to produce over 900M barrels of oil- Minister Bharrat
The Government of Guyana and Esso Exploration and Production Guyana Limited (EEPGL) earlier today signed the Petroleum Production License (PPL) for the Yellowtail offshore...
CGX to spend approximately US$93M on second well in Corentyne Block
CGX Resources Inc. a wholly-owned subsidiary of CGX Energy Inc. (CGX) proposes to drill the Wei-1 exploration well in Corentyne block during the May...
ExxonMobil to increase Liza Destiny oil output this month-Hess CEO
Chief Executive Officer (CEO) of Hess Corporation, John Hess has revealed that ExxonMobil will increase the capacity of the Liza Destiny floating, production, storage...