World’s latest oil province attracting “billionaires from around the world”-Go-Invest CEO

Guyana, the world’s latest province for sweet, light crude is now attracting the attention of billionaires from around the world. Making this revelation recently...

Guyana ready to collaborate with UAE on climate change—President Ali

President Dr Irfaan Ali yesterday afternoon said that Guyana is prepared to collaborate with the United Arab Emirates (UAE) on climate change and other...

CGX finally drilling Corentyne well; to reach total depth in December

CGX Energy Inc disclosed today that the spudding of the Kawa-1 exploration well in the Corentyne Block offshore Guyana has finally started with full...

Guyana, Suriname not in competition; will work together on local content, gas strategy-Ali

Given their mutual interest in shared prosperity and sustainable economic development, Guyana and Suriname have pursued several joint initiatives to help realize the true...

Infrastructure, agriculture & oil and gas on agenda for meeting between Guyana, Suriname Heads...

Guyana's President, Dr Irfaan Ali said that a four-day State visit by His Excellency, Chandrikapersad Santokhi, President of the Republic of Suriname, and his...

Indian State Refiner pays Guyana US$79.6M for seventh oil lift

Indian Oil Corporation Ltd. (IOC) has paid Guyana a whopping US$79.6M following the receipt of the nation's seventh oil lift. Disclosing the money received...

Govt. to bring draft legislation for oil fund by December

Draft legislation to ensure Guyana has a Natural Resource Fund (NRF) with robust protections against wanton abuse by politicians will be in Parliament by...

Progressive plan in place to ensure oil money brings prosperity for all-Pres. Ali

One of the most challenging tasks governments of oil-producing States face is keeping at bay, the dreaded resource curse. Francesco Caselli of the London...

Whiptail discovery big enough for its own FPSO –John Hess

Chief Executive Officer (CEO) for Hess Corporation, John Hess recently told industry stakeholders that the Whiptail discovery which was made at two wells is...

Guyana on track to produce additional 440,000 barrels of oil by 2024 -Hess CEO

Hess Corporation’s Chief Executive Officer, John Hess recently disclosed that the startup of the Liza Phase 2 Project in the Stabroek Block which will...

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