Oil & Gas
Guyana eyes becoming major regional natural gas supplier
Guyana plans to export its excess natural gas to Brazil and several Caribbean countries and eventually fuel a bauxite smelter...
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US prepares to reimpose ban on Venezuela’s oil and gas, gold
The United States (US) on Tuesday announced it would reimpose sanctions on Venezuela's oil and gas sector, effectively blocking trade...
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APNU+AFC wants constitutional protection of ‘oil money’ for future generations
Ms Volda Lawrence A Partnership for National Unity+Alliance For Change (APNU+AFC) parliamentarian, Volda Lawrence on Friday recommended that there be...
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Guyana asks for proposals to build “open-access” natural gas facility
Ministry of Natural Resources, Duke Street, Kingston, Georgetown. The Guyana government is calling for private sector investors to propose how...
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Guyana saves US$800 million from oil earnings since production began
Guyana has saved just over US$800 million from more than US$3 billion in oil revenues since production began in 2020,...
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Patterson continues to deal with oil and gas
Mr David Patterson Opposition Leader Aubrey Norton said Alliance For Change's (AFC) David Patterson would continue be the opposition coalition's...
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India to sign MoU with Guyana to buy crude oil for 5 years
India's Prime Minister Narendra Modi and President Irfaan Ali India's Cabinet on Friday approved signing of a 5-year memorandum of...
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Guyana to lobby UK insurance company to reduce risk analysis
President Irfaan Ali addressing the Private Sector Commission's (PSC) annual awards dinner. President Irfaan Ali on Tuesday announced that Guyana...
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US$214 million ExxonMobil’s disputed cost: Bharrat sticks by Gossai ‘I will not discredit him’
Mr. Gopnauth 'Bobby' Gossai Natural Resources Minister Vickram Bharrat on Tuesday said his ministry's Senior Petroleum Coordinator, Gopnauth 'Bobby' Gossai-who...
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Oil production begins at Payara; daily output set to peak at 620,000 barrels per day
ExxonMobil started production on Tuesday at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity...
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