Work to start this year on model PSA for future oil deals – Bharrat
…huge chunk of $200M World Bank funding to be used
Work is expected to start this year on a model Production Sharing Agreement (PSA) that...
EPA still in negotiation phase with Exxon on US$2B liability coverage – EPA Head
says agency awaiting further information
The Environmental Protection Agency (EPA) is still in the process of determining the level of liability coverage that ExxonMobil through...
GYSBI’s 700-plus workforce 95% Guyanese
…company reports 1000 days of no lost time injuries
Since the company started servicing oil major ExxonMobil and its operations offshore, the Guyana Shore Base...
Europe overtakes US as largest market for Guyana’s crude
…expert says Guyana among rising stars in Latin America oil shakeup
Europe has overtaken the United States (US) as the largest market for Guyana’s crude,...
Eco in talks with over 9 oil companies for farm-in to Orinduik Block
During a recent investor update, Eco Chief Executive Officer (CEO) Gil Holzman expressed hope that the farm-in process could be completed in 2024, with the companies drill ready by the end of the year and for a well to be spud in the next 12 to 18 months.
President Ali awaiting Parliament’s nominee for NRF Board
President Dr Irfaan Ali has stated that he is still awaiting Parliament to submit its nominee for the Natural Resource Fund Board after which...
Govt announces 20% reduction in gasoline, 15% reduction in diesel prices
Please see full statement issued by the Finance Ministry:
Georgetown, Ministry of Finance, 1 October 2022: Senior Minister in the Office of the President...
Consortium building gas-to-energy power, NGL plant to hire 1500-2000 Guyanese
On the sidelines of the Offshore Technology Conference (OTC), over 30 members of Guyana’s delegation to the Houston, Texas event were given the opportunity...
Chevron to buy Hess Corp for $53 billion in all-stock deal
Oct 23 (Reuters) - Chevron (CVX.N) said on Monday it agreed to buy Hess (HES.N) for $53 billion in stock, the second proposed mega-merger among the biggest U.S....
ExxonMobil completely on board with cost oil audit – Min Bharrat
– delay to ensure local auditors’ involvement
Oil giant ExxonMobil is completely on board when it comes to the cost oil audit that has to...
Recent Articles
Guyana Energy Conference & Supply Chain Expo 2025 set for February 18-21
See below for a statement on the 2025 hosting of the Guyana Energy Conference and Supply Chain Expo:
The Guyana Energy Conference and Supply Chain...
Porter falls to death from Norton Street building after receiving electric shocks
A porter died on Friday morning after being electrocuted and falling from a three-story building on Norton Street in Georgetown.
Dead is Bryan Hardilall of...
Teen dies after being stabbed at Belle West
A 19-year-old male died in the hospital on Friday - one day after he was stabbed multiple times by a man with whom he...
Duo charged for murder of security guard
Two men were charged and placed before the court for the murder of security guard, Paul Waterman, who was killed during a robbery back...
NRSC wants stricter penalties for repeat traffic offenders
Despite increased enforcement and educational efforts, National Road Safety Council (NRSC) Chairman Earl Lambert has expressed serious concerns over motorists’ continued violation of traffic...
“There are challenges” – Pres Ali to Crabwood Creek residents on cane production
Issues of low cane production, proper compensation, and poor quality of cane were discussed with the Head of State, President Dr Irfaan Ali, recently...
Teens charged with murder of excavator operator
Nineteen-year-old Daniel Badley of Second Street, Mocha Arcadia EBD and Quamina Street, Beterverwagting ECD along with two juveniles were on Friday charged with the...
Teen busted with ammunition during roadblock exercise
A teenager was taken into custody following the discovery of a magazine belonging to a Taurus pistol and a single live round of 9mm...
Man escapes from Police leaving behind ganja & cocaine
The police have launched a manhunt for a man who reportedly escaped from Police leaving behind 2239.2 grams of cannabis and 41.9 grams of...
CH&PA remains committed to providing affordable housing to citizens but reiterates squatting is illegal...
The Housing and Water Ministry, through the Central Housing and Planning Authority (CH&PA) on Friday stated that it remains committed to peaceful resolution as...