Mon, Jul 6, 2026
Mon, Jul 6, 2026
Oil & Gas
Guyana could sell cooking gas, other products for about $70M yearly- JagdeoGuyana could earn between $70 to $100 million each year from the sale of cooking gas and other products produced…
New and improved oil ship gas compressor operational from next monthAfter months of grappling with a faulty gas compressor aboard the Liza Destiny Floating Production Offloading and Storage (FPSO) vessel,…
Exxon guarantees Guyanese bearing none of its debt nor eventual shutdown costsThe oil companies operating in the prolific Stabroek Block offshore Guyana are responsible for the debts incurred and the eventual…
Jagdeo confirms gov’t likely to fund natural gas and power plantsVice President Dr. Bharrat Jagdeo, during a press conference on Wednesday, confirmed that the government is likely to fund both…
Oil companies, not citizens, incur debts - JagdeoBy Vishani Ragobeer [email protected] Vice President Dr. Bharrat Jagdeo has rejected assertions that Guyanese owe oil companies millions of dollars…
ExxonMobil rakes in $132 billion in Guyana profitsBy Vishani Ragobeer [email protected] After about two decades of operating in Guyana, ExxonMobil, through its local affiliate Esso Exploration and…
Guyana expects US$120M from sale of oil this weekBy Vishani Ragobeer [email protected] The Government of Guyana is expecting its second lift of one million barrels of oil from…
Oil prices rise as tight supply counters China COVID, recession worriesLONDON, June 14 (Reuters) - Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would…
Brazil’s Bolsonaro touts potential of oil & gas partnership with Guyana, SurinameBy Vishani Ragobeer in Los Angeles [email protected] Brazil’s President Jair Bolsanaro boasts of his country’s natural resource prowess but has…
Guyana still expects a near double growth rate as other countries brace for downturnCountries around the world have been warned to brace for a looming, significant economic downturn but Guyana is still expected…
Guyana ready for possible oil spill after year-long joint tactical operationThe Civil Defence Commission (CDC) on Monday hosted a ‘close out’ event, culminating a year of training, workshops, assessment projects…
Increased flaring fine, financial assurance set out in renewed Liza 1 permitThe Environmental Protection Agency (EPA) has renewed the environmental permit for ExxonMobil's operations in the Liza Phase 1 project in…
Gov’t will consider support for national oil company only if Guyana gets more revenue – JagdeoAs the government prepares for an auction of more oil blocks in September 2022, the establishment of a National Oil…
Gov’t unhappy foreign companies still ‘short-changing Guyanese’ – Bharrat warns of penalties soonBy Kurt Campbell [email protected] Five months after the passage of the historic local content legislation, the government continues to express…
New company to conduct environmental assessment for Exxon’s Uaru projectAcorn International, a US-based environmental and social risk management consultancy, has been selected to independently study the potential risks of…
CONTRACT SIGNED: Local companies to complete Exxon’s US$9B cost recovery audits by SeptemberThree local companies, having formed a consortium, on Tuesday signed a contract with the Ministry of Natural Resources to conduct…
Exxon hopes to install spares, avoid flaring woes at Uaru projectExxonMobil hopes to gain environmental approval for oil production at the Uaru field and ahead of that approval, the company…
Guyana could earn US$200B from oil by 2050- Energy ExpertThe Guyana government could rake in about US$200 billion (or nearly GY$42 trillion) in revenues by 2050, largely due to…
