Business Ministry now hunting for funds to complete Local Content Policy
Business Minister, Dominic Gaskin acknowledged yesterday that Guyana’s Local Content Policy should have been completed a long time ago. He noted however that there...
GCCI does not know number of companies affected by absence of local content policy
“We need a local content policy now! Our local companies are being sidelined. And what is happening is that the foreign companies have an...
Govt. must put a hold on Energy MoU to be signed with Trinidad and...
Prime Minister of Trinidad and Tobago, Dr. Keith Rowley is expected to be in Guyana next week Wednesday (September 12) to sign a major...
Guyanese not given first preference to provide goods and services for Oil and Gas...
After three years of preparation for the oil industry, Guyana is still without a Local Content Policy or legislation. Dissatisfied with this state of...
Guyana will repay ExxonMobil for unsuccessful wells –GRA Head
The lack of ringfencing provisions in the ExxonMobil Production Sharing Agreement (PSA) will see Guyana paying for all unsuccessful wells. This was made clear...
With Exxon’s 9th discovery, Guyana must re-examine its plan for a refinery –Energy Chamber...
Last year, it was projected that Guyana would produce about 120,000 barrels of oil per day (BOPD). With that level of production at that...
TT’s closure of heavily indebted National Oil Company should not scare us- Ram
Four hundred and thirty miles away from these shores, Trinidad and Tobago’s authorities are preparing to close its National Oil Company (NOC) called Petrotrin....
Granger courting Brazil’s ‘corrupt’ national oil company
In a bid to facilitate more Foreign Direct Investments (FDI), President David Granger is courting Brazil’s National Oil Company, Petrobras.
At a press conference held...
Go-Invest projects over $107.5B in investments for 2018
The Guyana Office for Investment (Go-Invest) projects that there will be over $107.5B in investments this year due to Guyana’s buzzing oil and gas...
ExxonMobil makes ninth discovery offshore Guyana
The discovery of approximately 197 feet (60 metres) of high-quality, oil-bearing sandstone reservoir at the Hammerhead-1 is the ninth discovery of oil in the...
