Oil & Gas
Gov’t finalises US$759M contract for power plant, natural gasThe Cabinet on Thursday finalised the award for a US$759 million contract to build a power plant and natural gas…
President Ali officially launches auction for new oil blocksPresident Irfaan Ali on Friday morning officially launched the first auction for the development of new oil blocks under competitive…
GY$290B in Guyana’s oil fundGuyana’s Natural Resource Fund (NRF), which is the country’s oil wealth fund, has GY$290.1 billion (or US$1.39 billion) saved at…
Govt's stewardship will help Guyana adapt to climate change- Oil ChamberSee below full statement from GOGEC: President of the Guyana Oil and Gas Energy Chamber (GOGEG), Manniram Prashad, commends the…
New forest payments deal shows Guyana’s leadership on climate action- PSCThe Private Sector Commission (PSC) wishes to commend the Government of Guyana on its visionary leadership which has resulted in…
‘No selfish plan’ - Jagdeo says Guyana pumping oil, selling carbon credits to protect against climate crisisVice President Dr. Bharrat Jagdeo argues that Guyana is not selfishly pursuing its economic interests but it is doing what…
Exxon could be another oil company paying Guyana for saving forestsWith Hess Corporation, one of the co-venturers in the prolific Stabroek Block offshore Guyana, now paying Guyana at least US$750…
BREAKING: Oil giant Hess paying Guyana US$750M for saving forestsPresident Dr. Irfaan Ali announced on Friday that the Hess Corporation will pay Guyana US$750M for saving the rainforest through…
ExxonMobil Guyana renews sponsorship of Energy Conference for the second edition in 2023The International Energy Conference and Expo Guyana 2023 (IECEG 2023) today announced ExxonMobil Guyana as the premier sponsor of the…
CGX to start drilling new well no later than January month-endCGX Energy, which has been searching for oil in Guyana for more than two decades, is expected to commence drilling…
EPA approves Gas to Energy projectSee Public Notice on approval of Gas to Shore project by the EPA: The Environmental Protection Agency (EPA) hereby notifies…
BP International to market Guyana’s share of crude The Government of Guyana through the Ministry of Natural Resources is pleased to announce that BP International Limited of the…
Secondary students in Reg. 3 benefits from GOGEC trainingThe Guyana Oil and Gas Energy Chamber- GOGEC has successfully conducted oil and gas training for secondary school students in…
Job training for New Guyana School students as agreement inked with El Dorado OffshoreResponding to the need for career preparedness, The New Guyana School and El Dorado Offshore signed a memorandum of understanding…
Gov’t ‘not comfortable’ with old oil contract but intent on doing better - Pres. AliThough the government maintains that the oil contract inked by the previous administration is poor and lopsided, President Dr. Irfaan…
First audit report on Exxon’s spending from 2018 to 2020 expected by year endThe first audit report on ExxonMobil’s spending in Guyana will be completed before year end, President Dr. Irfaan Ali said…
Gaps in Guyana’s oil spill response prompt greater action from local bodiesThere are gaps in Guyana’s oil spill preparedness that could hinder the country’s ability to adequately respond to the potentially…
Exxon boasts of more spending on Guyanese suppliers in local content pushOil giant ExxonMobil boasted of greater spending on goods and services procured from Guyanese suppliers this year amid a greater…

