CGX fails to answer questions regarding ability to finance Guyana projects- VP Jagdeo
Vice President, Dr. Bharrat Jagdeo stated today that CGX Energy Inc. has failed to answer critical questions regarding its ability to finance future operations...
MODEC seeking offshore fabric maintenance services for Guyana’s 5th FPSO
Japanese shipbuilder, MODEC, said on Tuesday that it is searching for companies capable of providing fabric maintenance, painting, and cleaning services. Through a Request...
Guyana’s oil helps Hess’ profits skyrocket to US$757M in 2024 second quarter
American oil producer, Hess Corporation today reported that it achieved a net income of US$757 million in the second quarter of 2024, compared with...
No guarantee govt. will approve Exxon’s 7th oil project- VP Jagdeo
Vice President, Dr. Bharrat Jagdeo recently affirmed that the government has given no guarantee that ExxonMobil and its partners will have a seventh oil...
To capitalize on oil sector opportunities, Afreximbank invites Guyanese to tap financing solutions
The African Export–Import Bank (Afreximbank) is ready to support Guyanese with innovative financing solutions, thereby enabling them to capitalize on the country’s oil boom....
Govt’s second gas project likely to be in Berbice-VP Jagdeo
Vice President, Dr. Bharrat Jagdeo announced at a recent press conference that the government’s second gas project under the national gas monetization strategy is...
CGX set to lose chance to develop 600 million barrels of oil in Corentyne...
CGX Energy Inc. along with its Canadian partner, Frontera Energy, could lose its chance to develop 514 to 600 million barrels of oil in...
Hughes’ proposal for transfer of oil money to citizens impractical -VP Jagdeo
Vice President, Dr. Bharrat Jagdeo stated on Thursday that the recent proposal made by Alliance for Change (AFC) Leader, Nigel Hughes for the transfer...
Bhagwandin says no conflict of interest arose in working for Exxon while being procurement...
Dear Editor,
In light of a disclosure through a press statement made by the undersigned in his capacity as a Director for a private firm,...
Jagdeo must answer key questions on capping stack deployment time
Dear Editor,
I am most elated by Vice President, Dr Bharrat Jagdeo’s hullabaloo surrounding the arrival of the capping stack in Guyana, since it finally...
