LATEST ARTICLES

Guyanese oil spill responder wants marine laws revised

Gaico Construction and General Services - a Guyanese company investing in marine vessels, skimmers, booms and other oil spill response equipment - wants the...

Final draft local content policy framework document with Guyana authorities

The final draft document outing Guyana’s local content policy framework has been handed over to authorities and an implementation plan is expected to be...

Bigger investments in Guyana highest learning institution needed – VC

The University of Guyana (UG) is appealing for bigger investments in order to effectively ‘prepare thousands of Guyanese’ for the country's emerging Oil and...

Houston firm sues ex Venezuelan oil czar Ramirez over bribes

(ABC News) Venezuela's former oil czar Rafael Ramirez was sued Friday by a Houston company that alleges he was behind demands for at least...

CGX contract outlines 53% profit oil, 1% royalty for Guyana

The petroleum agreement between the Government of Guyana and Canadian-based CGX Resources Inc. (CGX Energy) stipulates 53 percent profit oil and 1 percent royalty...

Guyana President downplays ‘renegotiation’ of ExxonMobil contract

Guyana’s Head of State, President David Granger has downplayed the notion of renegotiating the Production Sharing Agreement between the South American country and ExxonMobil...

Maduro claims Venezuela lifted oil production by 250,000 Bpd

(OilPrice) While analyst estimates and official figures show that Venezuela’s crude oil production continues to plummet amid a severe economic crisis and cash crunch,...

Largest oil and gas lease sale in U.S. history set for March

The U.S. Department of the Interior will offer 77.3 million acres offshore of Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration...

Oil and gas sector recovery ‘not yet certain’ says OCBC CEO

The risk that banks face within the oil and gas sector is currently "contained" but the outlook for the industry remains far from certain, according to...

Developing Guyana O&G sector without civil society foolhardy – Redford

Civil Society’s input – informed or not - ultimately guides the development of an emerging oil and gas industry, and as such, in a...