Fifth drillship arrives in Stabroek Block to accelerate appraisal of wells-ExxonMobil advisor confirms
ExxonMobil Guyana’s Public and Governance Affairs Advisor, Janelle Persaud, confirmed with Guyana Standard that the Stena DrillMAX which is capable of drilling in water...
Peak oil demand possible in 10 years, but ! – Hess CEO
Since the emergence of the COVID-19 pandemic, the debate about whether peak oil has already been achieved rages on.
Many industry experts have said that...
Increased production did not cause malfunction of gas compressor -ExxonMobil Guyana Advisor
Technical experts at the MAN Energy Solutions workshop in Germany have confirmed that Exxonmobil's move late last year to increase production levels beyond 120,000...
Govt. Reduces tax on gasoline, diesel from 50 to 30 percent
Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh, tonight announced that the Government will be reducing the...
OPERATIONS UPDATE: Demerara, Corentyne Block hold almost 5 B barrels of oil resources, drilling...
CGX Energy Inc. and its joint-venture partner Frontera Energy Corporation announced today, the results of an independent Prospective Resource study and report in respect...
Low Carbon Development Strategy scheduled for update to include Guyana’s new categorisation as oil-producing...
Now that Guyana is an oil-producing nation, the People’s Progressive Party/Civic (PPP/C)’s flagship low carbon emission initiative is scheduled for an overhaul. The PPP/C...
Wales Development Authority to manage industrial development around gas-to-shore project-Dr. Singh
For years, stakeholders of Guyana’s business sector have complained about the financial strain placed on running successful enterprises in the face of huge stumbling...
Mining industry to undergo massive legislative overhaul to boost contribution to non-oil economy
Gross neglect and callous policies were directly responsible for the extent to which the mining sector suffered under the APU+AFC administration, said Senior Minister...
Govt. will not allow ExxonMobil to recover US$100M initiative for local content -Jagdeo
While the Greater Guyana Initiative, led by the Stabroek Block co-venturers ExxonMobil, Hess and CNOOC Limited, will see the investment of US$100 million in...
Corentyne block’s Kawa-1 well to be drilled in second half of 2021-CGX
CGX Resources Inc recently informed the market that the Kawa-1 exploration well in the Corentyne block is scheduled to be spud during the second...
