With massive oil reserves, Guyana’s medium-term prospects more favorable than ever before- IMF
Following key discussions with authorities here, the International Monetary Fund (IMF) said in a report yesterday that it is clear Guyana’s medium-term prospects are...
Guyana making outsized contribution to climate change, keeping Dutch disease at bay- Finance Minister
Guyana may be at a point in time of her history where transformational development is set to take place at an unprecedented pace by...
EPA slaps Exxon with another increased flaring fine in renewed Liza Phase One Permit
The Environmental Protection Agency (EPA) announced on Tuesday evening (May 31, 2022) that it has renewed the Environmental Permit for Esso Exploration and Production...
“Old style” National Oil Company not an option for Guyana- VP
Guyana is still weighing its options when it comes to the setting up of a National Oil Company (NOC). Vice President Bharrat Jagdeo said...
T&T accelerating bid rounds; inks agreement for oil exploration in shared border with Venezuela
Desperate to arrest the decline of its domestic gas supplies, Prime Minister of Trinidad and Tobago, Dr. Keith Rowley has announced that he will...
Audit of Exxon’s US$4B bills pre-2018 to be completed in matter of weeks – VP
Vice President, Dr Bharrat Jagdeo has indicated that the audit of ExxonMobil’s costs pre-2018 for the Stabroek Block will be completed in a matter...
“I know I don’t owe Exxon any $9M”- Jagdeo as he refers to prevailing...
Vice President, Dr Bharrat Jagdeo has rubbished claims that the unfair terms of the Stabroek Block Production Sharing Agreement (PSA) leaves each Guyanese owing...
Oil projects could deliver US$4B in one year; wipe out nation’s debt with extras...
Vice President, Dr. Bharrat Jagdeo on Monday afternoon shot down what he believes to be yet another mediocre and repugnant line of argument by...
Local Content Secretariat fully operational; Minister Bharrat urges companies, citizens to get registered
Minister of Natural Resources, Vickram Bharrat has confirmed that Guyana’s Local Content Secretariat located on Cowan Street, Kingston, has been fully operationalized.
The official noted...
Local, int’l consortium wins $157M contract to audit Exxon’s cost recovery bills
As per the will of the government, three local companies will join forces with two experienced overseas partners to audit over US$9B in exploration...
