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...

Guyana spent over US$900M in fuel imports for 2019 & 2020; Govt. turns to...

For decades, Guyana has remained dependent on imports of liquid fossil fuels to satisfy its energy needs. In fact, such imports which leave behind...

GKB begins process to integrate Enmore workers into oil and gas industry

  Guysons K+B (GKB) Industries Inc. has started the training needs assessment and administrative process to employ over 40 workers from the Guyana Sugar Corporation...

Exxon, other Stabroek Block partners fund $120M Hinterland Poultry Project

  The Greater Guyana Initiative (GGI), led by the Stabroek Block co-venturers ExxonMobil Guyana, Hess Guyana Exploration Ltd. and CNOOC Petroleum Guyana Limited, has funded...

Russia/Ukraine conflict: GPL says operations “severely” impacted by increasing fuel prices

  Please see full release from the Guyana Power and Light (GPL): The Guyana Power and Light (GPL) considers it necessary to inform our customers of...

“Bad faith, politics of exclusion” – PNCR laments as its NRF board, Committee nominees...

  The People’s National Congress Reform (PNCR)'s list of nominees for boards governing the Natural Resources Fund (NRF)has been rejected by a government-dominated parliamentary selection...

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