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  • Oil & Gas

    Oil & Gas

    No wholesale copying: Revised oil fund to include best aspects of several models
    • Oil & Gas
    Dec 16, 20213 Mins Read
    No wholesale copying: Revised oil fund to include best aspects of several models

    There will be no wholesale copying of another country’s Sovereign Wealth Fund (SWF) model to manage the massive revenues being…

    SBM Offshore opens new office with keen interest in developing staff
    • Oil & Gas
    Dec 15, 20213 Mins Read
    SBM Offshore opens new office with keen interest in developing staff

    SBM Offshore, a Dutch-based global group of companies selling systems and services to the oil and gas industry, has opened…

    Local Content law is ‘not a blanket’ guarantee for Guyanese businesses – Bharrat
    • Oil & Gas
    Dec 11, 20213 Mins Read
    Local Content law is ‘not a blanket’ guarantee for Guyanese businesses – Bharrat

    The proposed Local Content law, which the government will table in the National Assembly Thursday, is not an automatic guarantee…

    Taking a page from Ghana: Guyana to develop gas master plan   
    • Oil & Gas
    Dec 11, 20213 Mins Read
    Taking a page from Ghana: Guyana to develop gas master plan  

    Guyana will be looking to Ghana for guidance as the government moves towards establishing a Gas Master Plan (GMP) to…

    ‘It is definitely not an oil spill’ – Natural Resources Minister
    • Oil & Gas
    Dec 10, 20212 Mins Read
    ‘It is definitely not an oil spill’ – Natural Resources Minister

    Minister of Natural Resources Vickram Bharrat on Thursday rubbished reports made by fishermen of an oil spill some 45 nautical…

    Nearly G$113 billion spent on Guyanese businesses - Exxon Head
    • Oil & Gas
    Dec 10, 20213 Mins Read
    Nearly G$113 billion spent on Guyanese businesses - Exxon Head

    By Vishani Ragobeer [email protected] ExxonMobil, the oil giant that is producing oil and gas offshore Guyana, has spent more than…

    Laws for local content, oil wealth fund for National Assembly on Dec. 16
    • Oil & Gas
    Dec 10, 20212 Mins Read
    Laws for local content, oil wealth fund for National Assembly on Dec. 16

    By Vishani Ragobeer [email protected] The necessary laws for the integration of Guyanese into the country’s nascent oil and gas industry…

    Jagdeo: Imprisonment for non-disclosure of oil revenues
    • Oil & Gas
    Dec 9, 20213 Mins Read
    Jagdeo: Imprisonment for non-disclosure of oil revenues

    By Vishani Ragobeer [email protected] With the proposed amendments to the Natural Resource Fund (NRF) Act, stricter penalties for handling oil…

    Guyana projected to be highest per capita world oil producer by 2035
    • Oil & Gas
    Dec 9, 20213 Mins Read
    Guyana projected to be highest per capita world oil producer by 2035

    Guyana is projected to become the highest per capita oil producer in the world by 2035, according to Latin American…

    Guyana Energy Chamber, Ghana Petroleum Commission ink MoU
    • Oil & Gas
    Dec 8, 20211 Min Read
    Guyana Energy Chamber, Ghana Petroleum Commission ink MoU

    The Guyana Oil and Gas Energy Chamber (GOGEC) and the Petroleum Commission of Ghana are expected to work closer together…

    No evidence yet of suspected ‘oil spill’ offshore Guyana - EPA Head
    • Oil & Gas
    Dec 6, 20212 Mins Read
    No evidence yet of suspected ‘oil spill’ offshore Guyana - EPA Head

    The Environmental Protection Agency (EPA) has thus far found no indication of any suspected oil spill, some 45 nautical miles…

    $731.8B expected to be generated in oil and gas industry by 2025
    • Oil & Gas
    Dec 6, 20212 Mins Read
    $731.8B expected to be generated in oil and gas industry by 2025

    Guyana is poised for substantial developments in its nascent oil and gas industry over the next few years and by…

    ‘Get qualified for the changing economy’- young Attorney urges
    • Education
    • Oil & Gas
    Nov 30, 20214 Mins Read
    ‘Get qualified for the changing economy’- young Attorney urges

    Twenty-six-year-old Attorney-at-Law, Michael Munroe, recently completed his second Masters in Legal studies, and while he is ecstatic about his accomplishments,…

    Guyana sells last million barrels of oil for 2021 through Aramco
    • Oil & Gas
    Nov 29, 20213 Mins Read
    Guyana sells last million barrels of oil for 2021 through Aramco

    Guyana received its final cargo of oil for this year- one million barrels- last week and the country is marketing…

    Local content law to cater for much-needed shorter payment periods - Jagdeo
    • Oil & Gas
    Nov 27, 20214 Mins Read
    Local content law to cater for much-needed shorter payment periods - Jagdeo

    By Vishani Ragobeer [email protected] Amid complaints that lengthy payments from the contractors in the oil and gas industry is a…

    Oil & Gas Energy Chamber launches seminar for high school students
    • Oil & Gas
    Nov 27, 20212 Mins Read
    Oil & Gas Energy Chamber launches seminar for high school students

    (Press release) - The Guyana Oil and Gas Energy Chamber (GOGEC) launched its inaugural oil and gas seminar for its…

    Exxon requiring 60–90-day payment terms amounts to Guyanese businesses financing Exxon’s operations
    • Business
    • Oil & Gas
    Nov 25, 20214 Mins Read
    Exxon requiring 60–90-day payment terms amounts to Guyanese businesses financing Exxon’s operations

    While Guyana’s nascent oil and gas sector has created new business opportunities for local companies, the industry players’ requirement of…

    Gov’t ‘working hard’ to table oil laws before year-end - Bharrat
    • Oil & Gas
    Nov 25, 20212 Mins Read
    Gov’t ‘working hard’ to table oil laws before year-end - Bharrat

    With just over one month left before the end of this year, the government is working assiduously to ensure that…

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