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...
Venezuela tried to land helicopter on ExxonMobil contracted vessels-Greenidge tells House
Foreign Affairs Minister, Carl Greenidge, informed the National Assembly today of the aggressive actions taken against Guyana by Venezuela as well as the subsequent...
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....
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...
National Energy Company not Guyana’s best bet at the moment – Consultants
Chatham House Consultant, Valerie Marcel recently floated the notion that instead of a National Oil Company (NOC), Guyana should opt for a National Energy...
Jagdeo calls out Hess as “insensitive” over recent comments about lopsided Guyana deal
Leader of the Opposition, Bharrat Jagdeo has taken umbrage to recent comments made by a high-ranking Hess Corporation official about the lopsided deal which...
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...
IDB supports Guyana’s use of oil money to fund cash grants in bid to...
Given Guyana’s low Human Development Index (HDI) indicators, and its pressing development needs, the Inter-American Development Bank (IDB) holds the view that there will inevitably...
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...
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...