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Oil & Gas
‘Every nation has a right to explore, secure its energy resources’ – Qatar’s PM tells Energy Conf.
Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the Prime Minister of Qatar, was among world leaders to offer support for Guyana's thrust towards energy security.
But to do so, he said the country also has a right to do what it must…
Guyana, Trinidad & Suriname will not ‘shy away’ from oil and gas development – Rowley
There have been global calls to move away from oil and gas production as countries grapple with the climate crisis but in the Caribbean, the Prime Minister of Trinidad and Tobago Dr. Keith Rowley says the oil-producing nations will continue…
‘On your own terms’ – Bahamas supports fuelling of industrialisation in Guyana
Guyana, the land of many waters, is experiencing a rise in tide economically, thanks to the ongoing exploitation of its oil and gas resources.
Guyana’s success is not only spurring opportunities for its citizens but also for businesses…
Top Guyanese youth awarded in CPGL’s third Green Art & Innovation competition
Read the full press release from CNOOC Petroleum Guyana Limited (CPGL) below:
CNOOC Petroleum Guyana Limited (CPGL) hosted a prize-giving ceremony at its office yesterday, Wednesday, February 14, 2024, to recognize the outstanding…
G/town business chamber throws full support behind gas-to-energy project
After conducting its own analysis, the Georgetown Chamber of Commerce and Industry (GCCI) has thrown its full support behind the gas-to-energy project being developed at Wales on the West Bank of Demerara.
At a press engagement on…
As electricity gets cheaper, President Ali wants electric vehicles manufactured in Guyana
By Vishani Ragobeer
Vishani@newsroom.gy
The cost of electricity in Guyana is expected to reduce significantly by 2025 as the Wales gas-to-energy project becomes operational and the country’s President Dr. Irfaan Ali believes that…
$2.6B Port Mourant training facility an investment in Guyana’s future – President Ali
The first phase of the Guyana Technical Training College at Port Mourant, Region Six (East Berbice- Corentyne) was commissioned on Friday, a move President Dr. Irfaan Ali describes as an investment in the country’s future.
The first…
Exxon says new drilling is ‘well south’ of Essequibo territory
(Bloomberg) Exxon Mobil Corp.’s exploratory drilling off the coast of Guyana will be “well south” of the disputed territory that Venezuela claims as its own, according to a senior company executive.
Venezuela’s maritime claim rests along…
‘Gas-to-energy project will be built’ – Jagdeo unfazed by attempts to block financing
Vice President Dr. Bharrat Jagdeo on Thursday remained optimistic that the loan from the U.S. Exim Bank will be secured in 2024 for the hallmark gas-to-energy project being developed at Wales, Region Three (Essequibo Islands-West Demerara).…
More than half of money spent in Stabroek Block recovered so far – Exxon President
ExxonMobil Guyana Limited alongside its coventurers, Hess and CNOOC, have so far been able to recover about US$19 billion out of the US $29 billion it spent in the prolific Stabroek Block offshore Guyana.
This is according to the…