More than US$12 billion in oil revenues expected in next four years

The Government of Guyana expects to receive more than US$12 billion in oil revenues in the period 2025-2028, derived from the sale of crude...

Guyana earned over US$605M in oil revenues in 2024 fourth quarter

Guyana’s Natural Resource Fund (NRF) received a total of US$605,193,033 in petroleum revenues for the fourth quarter of 2024, according to a Government Notice...

There is no dispute with CGX, Corentyne licence has expired– Min. Bharrat

The Government of Guyana is maintaining that the exploration licence for the Corentyne Block has expired, and that there is nothing legally that can...

Govt. reviewing Exxon’s applications to ramp up production at Liza 2, Payara projects

The Government of Guyana is in the process of reviewing applications made by ExxonMobil Guyana Limited (EMGL) to ramp up production at their Liza...

Exxon’s 4th FPSO to create more opportunities for Guyanese – Min. Bharrat

Minister of Natural Resources Vickram Bharrat on Tuesday stated that when ExxonMobil Guyana’s fourth Floating Production Storage and Offloading (FPSO) vessel – One Guyana...

Govt. working with Exxon to finalize 20% relinquishment of Stabroek Block

Guyana’s Minister of Natural Resources, Vickram Bharrat on Tuesday disclosed that while the October 2024 deadline has passed for ExxonMobil Guyana to relinquish 20%...

3rd oil audit to be completed by March 2025– PS McKenzie

The third of expenses for the ExxonMobil-operated Stabroek Block is expected to be completed by March 2025, said Permanent Secretary of the Ministry of...

Govt. to launch Local Content App at upcoming energy conference

President Dr Irfaan Ali is expected to unveil the government’s highly anticipated Local Content App during the Guyana Energy Conference and Supply Chain Expo,...

33 persons begin oil and gas training at Port Mourant facility

A total of 33 students have officially begun their training on the facility simulator at the Guyana Technical Training College Inc (GTTCI) in Port...

ExxonMobil Head confirms 30 development wells for 3 massive oil projects offshore Guyana

Head of ExxonMobil Guyana Limited, Alistair Routledge has confirmed that 30 development wells will be drilled this year to support Yellowtail, Uaru and Whiptail,...

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