Energy Dept. will disallow exorbitant costs by Exxon, other oil majors-Govt. Advisor
Guyana will not be blindly signing off on any cost ExxonMobil or any other oil major may seek to recover. According to Petroleum Advisor...
Marketing plan being developed for Guyana’s oil-Energy Dept. Head
The Department of Energy is in the process of developing a crude marketing plan and accompanying Terms of Reference (ToR) for the marketing of...
Hess to spend 80 percent of its budget on ‘high return assets’ in Guyana
The exploration and development budget for Hess Corporation is pegged at US$2.9B for 2019, and instead of investing 40 percent of this into Guyana’s...
Guyana , Mexico to attract the most oil investments for 2019 -Analyst
Guyana and one of its partners on technical cooperation for energy, Mexico, will attract the most investment for 2019. This is according to Andrew...
Repsol, partners to drill first well in this year
Now that American oil giant, ExxonMobil has racked up 12 successful discoveries, its neighbouring offshore competitors are speeding up their drilling plans. This is...
ExxonMobil makes two more discoveries offshore Guyana
American Oil Major, ExxonMobil made two discoveries at the Tilapia-1 and Haimara-1 wells in the southwest section of the Stabroek Block. This announcement was...
Exxon’s Hammerhead well among top five offshore wells to watch for 2019 -Wood MacKenzie
Even though the appraisal results are not completed as yet, ExxonMobil’s Hammerhead is no doubt, one of the top five wells to watch for...
Prices for Motor Gasolene and Gasoil reduced from tomorrow
Starting from tomorrow, Super 95 Gasolene will be wholesaled at $208.00 per litre or 27.44% less, and Gasoil (LSD) at $207.00 per litre or...
Guyana makes ExxonMobil lead explorer for 2018 –Wood Mackenzie
Guyana’s prolific offshore basin has pushed ExxonMobil to the top of the oil and gas explorers’ leader board for 2018, says industry analyst Wood...
Guyana can use Que$tor software to test reasonableness of companies’ cost estimates-Oxfam Director
Testing the reasonableness of an oil company’s cost estimates has been quite a challenge for oil producing nations. But Oxfam Director, Ian Gary, thinks...
