Oil & Gas

Government on Tuesday announced that after nearly six months of Ghanaian company Cybele Energy promising to pay the US$17 million singing bonus on the awarded Oil Block S7 and racking up nearly US$4 million in default interest, a warning has been issued to the company to pay up or forfeit its licence. In response, the company has promised to pay 30 per cent by the end of this week.

As Guyana pursues the development of its natural gas resources, President Dr Irfaan Ali says that there are significant interests from major players in...

See full statement from the Environmental Protection Agency:  The Environmental Protection Agency (EPA) welcomes the recent unanimous ruling of the Guyana Court of Appeal concerning...

The governments of the Dominican Republic and Guyana signed an agreement this Thursday to jointly explore and potentially develop oil and natural gas resources in the onshore Berbice...

See full statement from the Office of the Prime Minister: The 300 MW Wales Gas to Energy project, Guyana’s largest infrastructure initiative to date, is...

See full statement from the Office of the President: The Governments of Guyana and the Dominican Republic continue to strengthen the strong partnership established through...

President Dr Mohamed Irfaan Ali has described Guyana as “the most secure location for exploration and investment in oil and gas,” while emphasising the...

With more than US$3 billion currently in the Natural Resource Fund (NRF) – a figure that is expected to further grow, Guyana could soon...

Chief Executive Officer of the Guyana Energy Agency (GEA), Dr Mahender Sharma, on Friday, set the tone for the National Seminar on Energy Efficiency...

President Dr Irfaan Ali has said there is a need for oil companies to invest more in carbon capture technologies systems that improve efficiency,...