Tag Archives: oil

by GHK Lall Former US President Barack Obama rolled backed time to roll out one his sparkling deliveries for the Democratic National Convention on Tuesday night. He is always good for a glorious home run, isn’t he? “I don’t want to live in a country that’s bitter and divided.” Me too! And for the edification of all Guyanese, including President ...

Brazil’s Minister of Mines and Energy (MME), Alexandre Silveira de Oliveira, told CNN after his participation in CNN Talks, this Monday, June 3, that Brazil should mirror the speed with which Guyana began its exploration in the Equatorial Margin. Mr Silveira was asked about a statement, on the 27th, in which he said that Guyana would be “sucking the riches ...

By GHK Lall It is not much, but it is worth digesting and cherishing for what it represents, of where it has brought us from, and to where we can be taken. I am cautiously encouraged. I am encouraged by the report card that came, compliments of Transparency International, on what and how Guyana did for last year on its ...

by GHK Lall The West Indian composer of that song said it best with those lyrics that can still electrify: “yuh ain’t nuttin but ah teazah, ah dirty, dirty teazah…” I am so energized that I am thinking I should have gone out and formed my own political party and joined the fun. Because that is what most of these ...

by GHK Lall As I watch and reflect upon the unyielding political impasses, the questions that come are: what is so different this time? What is so compelling, so inflammatory, that there is neither space nor opportunity nor inclination to lean forward, to reach for something—anything—that would narrow the yawning space in Guyana’s political no man’s land? What is there ...

(UPSTREAMONLINE.COM).-ExxonMobil has spudded its highly anticipated appraisal of the Liza oil discovery off Guyana. The US supermajor has also begun seismic work on the adjacent Canje block after completing a farm-in deal. Drillship Stena Carron has spudded the Liza-2 appraisal after sailing to ExxonMobil’s Stabroek block off Guyana from the Canary Islands, where it had been idle for more than ...

Government’s announcement of a reduction in fuel prices  from Monday, February 1 will now see consumers paying less than GYD$90 dollars off of a gallon of gasoline at the pumps of the state-owned Guyana Oil Company (GuyOil). In his 2016 National Budget presentation on Friday, Finance Minister,Winston Jordan  also announced that the price of diesel will be reduced by less ...

Reproduced from Offshore Engineer Digital. Eco Atlantic Oil & Gas and Tullow Oil subsidiary companies entered into a 10-year agreement with the government of Guyana to explore the deepwater Orinduik block, offshore Guyana, South America. Subsidiaries Eco Guyana and Tullow Guyana will hold 40% and 60% working interest in the block, respectivley, with Tullow Guyana as operator. Tullow will reimburse ...

Officials from global energy company REPSOL, Wednesday,  met with President David Granger to seek an extension to continue exploratory work in the Kanuku Block, the Ministry of the Presidency announced in a statement. Minister of Natural Resources, Mr. Raphael Trotman also attended the meeting, which was held this morning at the Ministry of the Presidency. In a brief comment after ...

The Guyana Defence Force (GDF) is to acquire another offshore patrol vessel, a decision that has been partly influenced by impending commercial oil production in a deep sea concession, Chief-of-Staff Brigadier Mark Phillips said Thursday. “I would say that the soon to be drilled well and exploitation itself perhaps would have accelerated the need for the acquisition of more vessels ...