Govt “will not ignore people’s comments” on new model PSAs although deadline passed

The government of Guyana is still accepting comments on the draft new model Production Sharing Agreements (PSAs) released for public consultation last month. Although...

Govt. gives 3-month extension for oil blocks bid round

The Ministry of Natural Resources (MMR) has announced the government’s decision to extend the bid submission deadline for the 2022 licensing round which will...

Ramjattan releases preliminary audit report flagging US$214M in questionable expenses by ExxonMobil subsidiary, partners

Esso Exploration and Production Limited (EEPGL), the local subsidiary of ExxonMobil Corporation which operates the Stabroek Block in Guyana, has been flagged for unsound...

Guyana’s oil sector would crumble if opposition’s advice to slow down development is followed

Dear Editor, I thank the Economic Advisor to the Leader of the Opposition, Elson Low for engaging me on the aforementioned topical debate. Readers would...

APNU+AFC yet to account for $199B it mismanaged while in office; has no authority...

Dear Editor, In a recent press conference, Economic Advisor to the Leader of the Opposition, Elson Low asserted that the second cost recovery audit of...

Only an incompetent and lazy group would find two weeks insufficient to review the...

Dear Editor, Reference is made to a letter by the Economic Advisor to the Leader of the Opposition, Elson Low that appeared in sections of...

Ongoing audit of ExxonMobil’s US$1.6B costs moving at reasonable pace

Dear Editor, Please permit me to weigh in on the IHS cost recovery audit for the period 1999-2017. I have noted the concerns raised by...

Second audit of ExxonMobil’s US$7.3B expenses could reveal more contestable costs – Opposition Advisor

The political opposition is of the firm conviction that the second ongoing audit of ExxonMobil's expenses, if conducted correctly, may reveal more contestable expenditures...

Guyana now armed with high-quality seismic data for deepwater blocks

Accessing updated evaluations of Guyana's deepwater blocks have been made easier as Petroleum Geo-Services (PGS), a leading global provider of subsurface data, has created...

ExxonMobil to host forum on biodiversity, environmental consultancy services

Operator of the Stabroek Block and ExxonMobil Corporation’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), is organizing a Request for Information (RFI) Clarification...

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