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...

24 Guyanese set to gain accelerated access to oil sector through Learn & Earn...

Applications are now open for 24 Guyanese to get accelerated access to the oil and gas sector with free specialised training in non-destructive testing...

Indian experts underway for further capacity building at EPA – Jagdeo 

Guyanese authorities have every confidence that the requisite technology and regulatory systems are in place to ensure effective oil spill response offshore. Vice President,...

Guyana, India to sign Energy MoU for cooperation on exploration, oil sales, capacity building

Guyana and India are poised to sign a Memorandum of Understanding (MoU) that will allow for cooperation on the exploration of oil blocks, the...

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