Most oil & gas majors looking to buy Guyana’s crude – Bharrat
The purchase of crude oil on a long-term basis from Guyana is something that has garnered a lot of interest beyond Guyana’s shores, even...
Gas-to-Energy Project a “win-win” for Exxon, Guyana – Darren Woods
United States oil major ExxonMobil has said it is on track to deliver natural gas from its operations offshore Guyana to land by year-end.
This...
Local companies must act fast to capitalise on oil blocks bid round – GMSA
…urges companies to form consortiums
With the Government’s announcement that 14 oil blocks will be up for an auction open to both local and foreign...
Most oil block awardees submitted documents; Cabinet decision soon – VP Jagdeo
The Guyana Government has received the required documents from most of the awardees from last year’s oil blocks’ auction. This now paves the way...
Govt to invite proposals for construction of 30k barrel oil refinery in Reg 6...
The People’s Progressive Party/Civic (PPP/C) Government is moving ahead with the establishment of an oil refinery in Region Six (East Berbice-Corentyne) and will soon...
Guyana’s recoverable gas estimated at over 17 trillion cubic feet
…2nd largest holder of natural gas reserves in region
The recently-released Finance Ministry’s Mid-Year Report has put Guyana’s estimated recoverable natural gas reserves at over...
Guyana could be exposed to $$ billions in liabilities if Govt changes 2016 PSA...
Even though the Government has maintained that its hands are tied when it comes to changing the 2016 Production Sharing Agreement (PSA) signed with...
Works commence on US$300M shore base facility for ExxonMobil
Just days after the sod was turned for the construction of the US$300 million shore base facility for ExxonMobil at Port Vreed-en-Hoop, the dredging...
Significant interest in Guyana’s oil bid round – Jagdeo
…investor interest for almost every single economic sector
A little over a month since the People’s Progressive Party/Civic (PPP/C) Government put Guyana’s oil blocks on...
Guyana Shore Base signs deal with NCB Merchant Bank to expand energy sector
NCB Merchant Bank (Trinidad and Tobago) Ltd, a subsidiary of the Jamaica-based NCB Capital Markets Group, has signed an agreement with Guyana Shorebase Inc....