Hess sells Gulf of Mexico interest for US$505M, proceeds to be invested in Guyana...
American exploration and production company, Hess Corporation, informed the market today that it has entered into an agreement to sell its 28 percent working...
ExxonMobil’s safety drilling and production operations to undergo rigorous audit this year- Production Licence
Drawing on the lessons learnt from the award of petroleum production permits with ambiguous terms and loopholes for abuse, the People’s Progressive Party /...
Guyana eliminating use of fossil fuels by 2025 impossible; Granger’s commitment to Paris Pact...
By Suraj Narine
Guyana’s commitment under the Paris Agreement on Climate Change to become one hundred percent reliant on renewable energy by 2025 is impracticable....
Hess Corp. to spend US$1.8B on developing Payara
Hess Corporation which holds a 30 percent interest in the Stabroek block, has disclosed that it will be expending some US$1.8B on development works...
Process to modernize legal framework for oil sector has begun-Jagdeo
In recognition of the fact that Guyana's legal framework for the oil sector needs to be updated with a great degree of urgency to...
ExxonMobil, other majors need to slash 68 billion barrels from portfolio in transition to...
As nations continue the transition to cleaner sources of energy, a recent Rystad Energy study has found that the world’s major oil producing companies...
Jagdeo knocks Harmon’s ignorance on production licence vs. Production Sharing Agreements
During an ongoing press conference at the Arthur Chung Convention Centre, Vice President, Dr. Bharrat Jagdeo exposed just how little the Opposition Leader, Joseph...
CGX fails to honour work commitments, has not drilled a well in 13 years-Jagdeo
Vice President, Dr. Bharrat Jagdeo who is responsible for oversight of the oil sector, disclosed moments ago during a press conference at the Arthur...
UK company bags US$500M contract for Payara subsea system; commits to hiring, training Guyanese
TechnipFMC, a global leader in delivering projects, products, technologies and services to the energy industry, announced today that it has been awarded a large...
Saudi Arabia, Trinidad & Tobago, China among 29 competing to market Guyana’s oil
Saudi Arabia’s Aramco Trading, Trinidad and Tobago’s National Gas Company, and China’s state-owned PetroChina, are among the 29 companies competing to market Guyana’s sweet,...
