Natural Resources Ministry rejects Jamaican economist’s attempt to undermine Guyana’s progress with oil resources
See full statement below from the Ministry of Natural Resources in response to a Jamaican economist who tried to label the country as being...
Local Content Law will be updated to include expansion of skills, services in oil...
Guyana’s Local Content Law will soon be updated to account for the expansion of various skills and services in the hydrocarbon sector. This is...
Outsiders must do their homework before wildly pinning “resource curse” narrative onto Guyana’s oil...
Dear Editor,
My attention was drawn to an article published in the Jamaica Observer on March 17th, 2023, citing a regional economist, Damien King. The...
Two weeks not enough to review new draft agreements for oil blocks- Economist
It was on Tuesday that the Government of Guyana released the drafts for its new model Production Sharing Agreements (PSAs) which will govern the...
Chinese oil company donates $4M to help rebuild Christ Church Secondary School
CNOOC Petroleum Guyana Limited (CPGL), one of the three joint venture partners in Guyana’s Stabroek block, has donated $4 million to help rebuild Christ...
Guyana releases draft Production Sharing Agreements for 14 oil blocks with two weeks for...
The Government of Guyana on Tuesday released through the Ministry of Natural Resources, two draft Production Sharing Agreements (PSAs) that will feature in the...
No major unbundling of contracts in oil and gas sector as yet- GCCI President
Months after major lobbying for the unbundling of contracts in Guyana’s oil and gas sector, President of the Georgetown Chamber of Commerce and Industry...
Flaring was not permitted in original agreement with ExxonMobil – Dr. Vincent Adams
While ExxonMobil Guyana has been given greater leverage for flaring at its Liza Phase One and Two Projects once it pays a fine, former...
Guyana’s oil account swells in February to $287B
The February 2023 balance for Guyana’s Natural Resource Fund (NRF) account has increased to $287.6 billion (US$1.4 billion). This was noted in Bank of...
Exxon Guyana seeking approval for 35 multi-well campaign in Stabroek Block
ExxonMobil Corporation through its subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) is awaiting environmental authorization from the Environmental Protection Agency (EPA) for a...
