Exxon’s rate of success in Guyana is at 80 percent
In an industry where companies average a 20 – 25 percent success rate at discovering oil, US oil-giant ExxonMobil has upped its chances to...
ExxonMobil finds more oil with eighth discovery well
ExxonMobil Corporation announced minutes ago that it has discovered 256 feet of high quality, oil-bearing sandstone with its eight discovery well called the Longtail-1....
Our interest in Guyana goes beyond oil and gas – Canadian Ambassador
Canadian Ambassador to Guyana, Lilian Chatterjee says that her country’s interest in Guyana goes beyond the budding oil and gas sector.
During the launch of...
Negotiations between Govt. and Oil companies would be susceptible to corruption- Former Pres. Advisor
If the APNU+AFC Government does not build sufficient capacity for the oil and gas sector, particularly in its new Department of Energy, then it...
GGMC to begin works to cap Diamond “well” on Monday
The Guyana Geology and Mines Commission (GGMC) is scheduled to begin works in Diamond tomorrow to cap the “gas well.”
The Ministry of Public Infrastructure...
Guyana’s draft local content policy leaves much room for corrupt practices
If Local Content Policies are not properly drafted and implemented, much room is left for corruption to reign freely. This point was recently made...
Govt. puts hold on renewing contract of President’s Petroleum Advisor
It was on March 10, 2017 that the Government of Guyana hired Oil and Gas Consultant, Dr. Jan Mangal as the President’s Advisor on...
Transparency, Citizen Participation part of the antidote to governance curse –UN Official
With Guyana being approximately 20 months away from first oil, there is a race to get the necessary institutional and legal framework in order....
AG updates Toronto City Hall on Guyana’s Oil and Gas developments
Attorney-General and Minister of Legal Affairs, Basil Williams yesterday (June 14, 2018) updated
a high-ranking official of the Toronto City Hall, on developments being made...
Suspected gas explosion in Diamond as homeowner digs well
There has been a suspected natural gas explosion in the backyard of a forth street, Section A Block X, Diamond, East Bank Demerara (EBD)...
