Govt announces 20% reduction in gasoline, 15% reduction in diesel prices
Please see full statement issued by the Finance Ministry:
Georgetown, Ministry of Finance, 1 October 2022: Senior Minister in the Office of the President...
2022 bidding round for oil blocks offshore Guyana to be launched soon
See below for a statement from the Ministry of Natural Resources on the new round of auction for Guyana's offshore oil blocks:
The Government of...
Govt in talks with West Dem residents to acquire properties for gas-to-shore pipeline
– AG says residents will get fair & transparent deals for properties
The People’s Progressive Party/Civic (PPP/C) Government is in talks with residents on the...
Approx. 1 barrel crude spilled during maintenance on Liza Unity FPSO – Exxon
See below statement from ExxonMobil Guyana on a recent oil spill in the Stabroek Block:
On Friday, September 9, 2022, the team on the Liza...
Govt instructs companies to pay locals within 45 days
Full statement:
As part of continuous engagements with contractors, sub-contractors and other stakeholders operating in Guyana’s oil and gas sector, the Ministry of Natural Resources...
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...
US$20M oil and gas training centre opens at Lusignan
Guyana’s first premier oil and gas training centre was officially opened on Friday, and according to Prime Minister Brigadier (ret’d) Mark Phillips, Guyanese can...
Govt in continuous dialogue with stakeholders in Oil & Gas sector – Local Content...
See below for a statement from the Local Content Secretariat:
The Local Content Secretariat wishes to respond to two Local Content articles published by Kaieteur...
Govt leaning towards small refinery against bigger operations
– VP Jagdeo says negatives of large refineries outweigh benefits
With light, sweet crude oil produced offshore Guyana, the Government appears to be favouring the...
Govt ironing out fiscal terms before auctioning off remaining oil blocks – VP
The Guyana Government has now shifted the auctioning of the remaining oil blocks offshore to yearend, in order to facilitate the determination and completion...
































