Guyana faces “ultimate danger” with long-delayed Oil Spill Plan
Director of Power and Money at Oxfam America, Ian Gary, is of the firm view that Guyana’s National Oil Spill Plan should have been...
Even with looming Elections, Oil preparations must not slow down- Dr. Hinds
Executive Member of the Working People’s Alliance (WPA), Dr. David Hinds insists that even with General and Regional Elections scheduled to be held within...
Model PSA to have penalties for non-compliance to local content benchmarks
The model Production Sharing Agreement (PSA) being pursued by the Energy Department will feature local content benchmarks to be achieved by oil companies as...
Oil will not have transformational impact when govt. systems are weak- Economist
Promising transformational impacts from the looming oil wealth in the short or medium term, without lending any consideration to the poor state of governance...
Venezuelan incursion forces Exxon to halt seismic operations
An incursion by the Venezuelan military today in Guyana’s territorial waters has forced American oil giant, ExxonMobil to halt its 3-D seismic operations on...
Guyana not getting the most from foreign advisory services on oil and gas -Petroleum...
Petroleum Advisor to the Government, Matthew Wilks, is of the firm view that Guyana is not getting the most from foreign advisory services on...
Guyana’s model PSA must allow Govt. to pay surprise visits to petroleum facilities-GRA Head
Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia is pleased that the newly established Energy Department is pursuing the creation of a...
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...