Guyana govt. failing it’s people for sake of Exxon, allows company to hide development...

“In Uganda, the United States, Singapore, Pakistan, and 30 other countries, citizens have access to the development plans of ExxonMobil and all other oil...

Republic Bank establishes Petroleum Committee

With the goal of “meeting the banking needs of a new breed of clientele”, Republic Bank (Guyana) has established an internal Oil and Gas...

Guyana basin may hold up to 10 B barrels of oil equivalent reserve-Wood Mackenzie...

Outside of the Organization of the Petroleum Exporting Countries (OPEC), there are only 10 other countries which produce more than one million barrels of...

Nation receives no assurance of systems to protect oil money –Opposition MP

Deliberations on the current and capital estimates for budget 2019 are set to close today. Yet, most ministers have said little or nothing about...

Local authorities clueless on skills needed for oil sector

The United Nations Development Programme (UNDP) is “appalled” that the Government of Guyana has been receiving millions of dollars from donor partners like the...

Two years later…Guyana still without Upstream Oil and Gas Policy

Since 2016, the Ministry of Natural Resources was entrusted with the responsibility to complete an Upstream Oil and Gas Policy for the nation. But...

Opposition blasts Govt. for absence of proper plans for oil in budget 2019

While the political opposition may share in the APNU+AFC administration’s excitement over the prospects of the oil wealth to come, it is worried, however,...

IDB lending US$11.6 M support to transform Guyana’s Energy Sector

Guyana is set to transform its energy governance with help from the Inter-American Development Bank (IDB). This will translate to an US$11.64 M loan...

CGX gets Canadian oil firm to farm in on blocks close to Exxon’s concessions

Cash-strapped CGX Energy Inc. appears poised to make a major come back in Guyana’s petroleum industry, as it announced today that it entered into...

Exxon makes 10th oil discovery

Director of the Department of Energy, Dr. Mark Bynoe announced this morning that United States oil giant ExxonMobil has made its 10th discovery offshore...

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