Oil & Gas
Ministry rectifying issues on Petroleum Data CentreSee below full statement issued by the Ministry of Natural Resources: The Ministry of Natural Resources is addressing a recently…
Exploration at Kaieteur and Canje Blocks also extended by Granger... Granger signed approval eight days before leaving office The incumbent People’s Progressive Party Civic (PPP/C) has been accused of…
Can Guyana find the thousands of workers it needs?By Vishani Ragobeer [email protected] It’s July 22. Just after the crack of dawn, labourers make their way to construction sites…
Oil search: Opposition quarrels about Exxon’s one-year extension, but didn’t know Granger signed offGuyana’s opposition parties have been quarrelling about ExxonMobil’s one-year extension to search for oil offshore Guyana, castigating the current government.…
Fmr. President Granger gave Exxon one-year extension for offshore oil explorationFormer President David Granger gave Esso Exploration and Production Guyana Limited (EEPGL), ExxonMobil’s local subsidiary, a one-year extension to search…
CNOOC scholarship students head to China for petroleum studiesThe first four Guyanese students in the CNOOC Petroleum Guyana Limited (CPGL) Scholarship Programme are travelling to China on Friday…
Guyana has capacity for only one oil refinery now - JagdeoOne week after Guyana and the Dominican Republic signed an agreement for the establishment of an oil refinery here, Vice…
Smooth implementation of Guyana’s oil projects promised with new Petroleum lawThe National Assembly passed the new Petroleum Activities Bill early Thursday morning, paving the way for the smooth implementation of…
DR’s role in oil refinery increases project’s viability- President AliGuyana and the Dominican Republic (DR) signed a Memorandum of Understanding (MoU) for the establishment of a new oil refinery…
With ‘tremendous’ opportunities available, President Ali urges Chinese companies to bid for oil blocksPresident Dr. Irfaan Ali says there are “tremendous” opportunities for Chinese seeking to participate in Guyana’s nascent oil and gas…
Despite pay increases & training, GRA’s Petroleum Department still badly understaffedThe Guyana Revenue Authority (GRA) has less than half of the staff it needs in the Petroleum Revenue Department that…
Exxon earns US$7.9B in second quarterA 20% increase in production in Guyana and the United States (US) Permian Basin helped ExxonMobil earn US$7.9 billion in…
New oil law, model contracts to be finalised in August as oil blocks auction extended for final timeThe newly-developed Petroleum Activities Bill and model Production Sharing Agreements (PSAs) will be finalised in August, ahead of the final…
‘Shouting from the sidelines’ - Jagdeo criticises Opposition’s failure to help manage oil fundsVice President Dr. Bharrat Jagdeo criticised the APNU+AFC parliamentary opposition for its failure to effectively participate in the management of…
Guyana Gov’t extends 2022 licensing round scheduleThe Ministry of Natural Resources on Wednesday announced the extension of the Guyana 2022 Licensing Round’s bid submission deadline to…
Hess nets US$119M in second quarter, expects higher production in Guyana this yearHess Corporation, one of the United States (US) oil companies with a stake in the prolific Stabroek Block offshore Guyana,…
More than 700 skilled workers to be employed in oil sector this yearGuyana’s Local Content Secretariat projects that 732 skilled workers will be employed by Tier-1 subcontractors in the oil and gas…
Gas-to-energy project: Indian company gets US$159M contract to build transmission lines, sub-stationsKalpataru Projects International Limited (KPIL), an Indian company, secured the US$159.9 million engineering, procurement and construction contract to build the…

