Oil & Gas
Exxon subsidiary agrees to ‘parent guarantee’ for Uaru projectExxonMobil’s local subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), was given an Environmental Permit to execute its fifth project,…
Agreement to be inked soon for Uaru project, Exxon to spend US$12.6BThe Uaru project in the prolific Stabroek Block offshore Guyana was approved by the local Environmental Protection Agency (EPA) on…
Exxon's fifth project offshore Guyana approved by EPAThe Environmental Protection Agency (EPA) has approved the Uaru Petroleum Development Project. The Agency granted a 5-year Environmental Permit to…
Oil Company’s earnings fall but optimism remains about Guyana developmentsHess Corporation, one of the co-venturers in the prolific Stabroek Block offshore Guyana, announced its earnings for the first quarter…
More oil found offshore Guyana at ‘Lancetfish-1’ wellHess Corporation, one of the co-venturers in the Stabroek Block offshore Guyana, announced on Wednesday that more oil was found…
Guyana has US$1.4B in its oil wealth fundMinister of Parliamentary Affairs and Governance Gail Teixeira on behalf of Senior Finance Minister Dr. Ashni Singh on Monday tabled…
Guyana’s Energy Chamber inks agreement with Indian private sector bodyThe Guyana Oil and Gas Energy Chamber (GOGEC) on Saturday inked a new partnership with the Confederation of Indian Industry…
Packed agenda as India’s Foreign Minister visits; VP says any agreement on oil sales will be commercialIndia’s Minister of External Affairs Subrahmanyam Jaishankar is on an official three-day to Guyana and while energy is on the…
Guyana earned US$377M from oil in first quarter of 2023Guyana earned about US$377.14 million (or GY$68 billion) from profit oil and royalties from two oil platforms producing offshore Guyana…
‘No rushing the process’ - Jagdeo says gov’t to finalise new Petroleum law, model contracts by JulyBy Vishani Ragobeer [email protected] The government promised Guyana’s regulatory framework for the nascent oil and gas sector will be up…
Gov’t extends time for auction of offshore oil blocks’A total of 14 oil blocks - 11 in shallow water and three in deep water- offshore Guyana are up…
Indian company that built Providence Stadium setting up new office in GuyanaThe Shapoorji Pallonji Group, the Indian conglomerate that built the Providence Stadium on the East Bank of Demerara (EBD), is…
New Petroleum Bill for public consultations soonA 1986 Petroleum Act is among the pieces of legislation governing Guyana’s nascent oil and gas sector but Vice President…
Start-up works ongoing as new Prosperity oil platform arrives in GuyanaThe Prosperity, the third oil platform that will operate in the prolific Stabroek block offshore Guyana, has arrived offshore Guyana…
Exxon’s cost audit delayed but necessary technical work being done- JagdeoVice President Dr. Bharrat Jagdeo on Thursday accepted that the finalised audit into the expenses incurred by ExxonMobil’s local subsidiary,…
Eight Guyanese engineers get overseas training to work on new oil shipEight Guyanese engineers, who are all from the University of Guyana, received training overseas and will soon work onboard the…
GRA says audit of Exxon’s expenses from 1999 to 2017 not yet finalisedThe Guyana Revenue Authority (GRA) says the audit into the expenses incurred by ExxonMobil’s local subsidiary, Esso Exploration and Production…
Inaugural Local Content Summit kick-starts discussions on updating current legislationBy Kurt Campbell [email protected] A first-of-its-kind local content summit got underway in Georgetown on Tuesday and it is expected to…

