LETTER: PPP never promised renegotiation of ExxonMobil 2016 deal
Dear Editor,
There is a common folk aphorism in Guyana – if ya mek yaself grass, cow gon lay down pun ya! In this my...
Frontera nets US$13.5M profit in second quarter; eyes increased investments in Guyana
Frontera Energy Corporation, the Canadian company which farmed into the Corentyne Block in 2019 and now works alongside CGX Resources inc., said today that...
CGX racks up US$6.8M loss in 6 months
The first half of 2022 has turned out to be another losing period for CGX Energy Inc. which holds a working interest in the...
Guyana to be flush with over US$150B in oil revenues by 2040 – Rystad...
Guyana’s future is projected to be flush with over US$150B in oil revenues by 2040 as she would have more than seven Stabroek block...
TechnipFMC secures major contract for Guyana’s Gas-to-Energy Project
ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has contracted global leader in subsea in surface projects, TechnipFMC to provide engineering, construction and...
Guyana has US$600M insurance coverage for every oil spill; APNU+AFC gave out two licences...
Attorney General and Minister of Legal Affairs, Anil Nandlall S.C believes due credit must be given to the PPP/C Administration for taking prompt action...
ExxonMobil banks record-breaking quarterly profit totalling US$17.9B
Guyana's largest and most critical oil exploration and production partner, ExxonMobil Corporation, announced this morning that it was blessed with yet another quarter of...
Exxon awards pipe- laying contract to move ahead Guyana’s Gas-to-Energy Project
Subsea 7 and Royal Van Oord announced this week that they were jointly awarded a substantial pipe-laying contract by ExxonMobil affiliate Esso Exploration and...
Hess nets a whopping US$667 million in earnings for 2022 second quarter
Hess Corporation reported today that it recorded a net income of US$667 million, or US$2.15 per common share, in the second quarter of 2022,...
Guyana continues to ascend as premium producer of medium sweet crude with latest Stabroek...
The Government of Guyana has welcomed news of two new oil-field discoveries by ExxonMobil affiliate, Exploration and Production Guyana (EEPGL) and its partners to...
