Kawa-1 well to be spud in August; drilling and evaluation estimated to cost US$85M
CGX Energy and its partner, Frontera Energy Corporation, announced this morning that the Kawa-1 well in the Corentyne block is expected to be spud...
Local company to establish US$4M warehouse and laydown yard facility to service oil sector
Advocat Guyana Holdings Inc (AGHI) is gearing up to establish a US multi-million dollar chemical warehouse and laydown yard facility on the East Bank...
Govt. releases Gas Monetization Strategy; gives citizens 2 weeks to review and make submissions
The Ministry of Natural Resources (MNR) released Guyana's Gas Monetization Strategy today, as promised by President, Dr Mohamed Irfaan Ali and Vice President, Dr....
Guyanese companies need to evolve from “old ways” of doing business, the oil sector...
If the Government of Guyana wants to ensure that it has an oil sector that gives first preference to local companies for the procurement...
Natural Resource Fund now holds US$267M after receipt of fifth oil payment
In keeping the Government’s commitment to accountability and transparency in the Petroleum Sector, the Ministry of Natural Resources was pleased to announce this evening...
More than 4 Billion oil-equivalent barrels at Stabroek Block-ExxonMobil
The ExxonMobil controlled Stabroek Block offshore Guyana now has in excess of four billion oil-equivalent barrels. ExxonMobil announced on today that it has increased...
Leading Mexican agency engages Guyana on how to best regulate oil sector
Officials from the Embassy of Mexico and the Government of Guyana are currently engaged in a two and a half day workshop on best...
BEWARE GUYANA: Oil industry is declining and ExxonMobil is stumbling right along with it-Expert
The Institute for Energy Economics and Financial Analysis (IEEFA) has been closely following Guyana’s offshore oil and gas development. In so doing, it has...
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...
Engineering firm looking for partners to advance role in Suriname and Guyana’s energy industry
Elgawa Guyana Inc has unveiled its ambitious plans to contribute to the growth and sustainability of the oil and gas sector in both Suriname...
