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Monday, October 15, 2018
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EPA expects full consultation as Guyana gears up for oil production

With oil production set to begin in Guyana by 2020, the country’s Environmental Protection Agency (EPA) said it expects to be fully consulted on...

Hess to plug US$475M into Stabroek block offshore Guyana this year

Hess Corporation will plug a total of US$475M into development and drilling activities on the Stabroek block, located 120 miles offshore the coast of...

Guyana could find more oil closer to shoreline

Experts in the hydrocarbon industry believe that more oil could be discovered closer to Guyana’s shoreline in the coming years, raising the possibility of facilities...

Exxon to carry out exploratory work in newly acquired Kaieteur block,...

US oil major ExxonMobil will soon begin preliminary exploration work in the Kaieteur block, an area adjacent to the Stabroek block offshore Guyana, which...

Exxon forges ahead with plans for second FPSO in Guyana

Plans are moving forward by ExxonMobil for the installation of another Floating Production, Storage and Offloading (FPSO) vessel in Guyana. Upstream reports that this...

Oil Finds: We must get it right from the beginning

Oil, an indispensable factor in numerous economies, account for about 2.5 percent of the world’s Gross Domestic Product (GDP). According to Forbes online, it...

Oil Finds: Guyana’s PM says country guarding against “sleaze, malfeasance”

The Guyana government is forging ahead to establish laws and the essential framework necessary to ensure transparency and accountability at all levels within the...

Former Alberta Premier urges full transparency in Guyana’s oil & gas...

During the recent inaugural Oil and Gas Conference and Exposition hosted by the Guyana Oil and Gas Association (GOGA), held at the Guyana Marriott...

Oil Finds: Guyanese people need to benefit from resources

The importance of Guyanese benefiting directly from what is believed to be significant commercial quantities of crude oil offshore the South American country is...

Oil prices rise to one-month high

The price for oil on the global market rose on Tuesday to an almost 1-month high with Brent futures increasing by US$1.05, or 2...