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Monthly Archives: July 2018

Guyana State Minister, private sector members discuss O&G

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Guyana’s Minister of State, Joseph Harmon, on Monday, met with the executive members of the Private Sector Commission (PSC) at his office at the...

Guyana businesses want local content legislation – GCCI President

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President of the Georgetown Chamber of Commerce and Industry, Deodat Indar, says that the business community in the South American country would like to...

Higher oil price boosts BP’s recovery, second-quarter profit up four-fold

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(Reuters) - Higher oil prices and increased output helped BP quadruple its second-quarter profit from a year earlier as the oil major finally shakes...

ExxonMobil sees agro support as key to helping small businesses grow

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Dozens of Guyanese agro-processors once again had an opportunity to showcase and market their products at the second UncappeD Marketplace event held on Saturday,...

High production and prices will help ExxonMobil recover CAPEX quickly; Guyana revenue to spike

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High oil production and price in the early years of the Liza Phase 1 development will help ExxonMobil recover its Capital Expenditure rapidly, after...

Size of BHP gas discovery in Trinidad will determine feasibility of developing resource –...

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Industry Analyst Wood Mackenzie says the development and commercialization of the recent gas discovery by Australia-based BHP in Trinidad and Tobago will ultimately be...

Total starts production at Kaombo project offshore Angola

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(Reuters) French energy group Total said on July 27 that it had started production at the Kaombo project, which is currently the biggest, deep...

Chevron’s quarterly profit more than doubles on rising oil prices

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(Reuters) U.S. oil and natural gas producer Chevron Corp. said on July 27 its quarterly profit more than doubled on rising oil prices and...

ExxonMobil continues support of Guyanese agro-businesses

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Oil giant ExxonMobil on Saturday, July 28, continued its efforts to support Guyanese small businesses by being the lead sponsor of the ‘Uncapped Marketplace’...

Guyana Private Sector body wants New York Times to ‘remedy’ misrepresentations in July 20...

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The Private Sector Commission of Guyana has written to Publisher of the New York Times, Arthur Sulzberger, protesting what it describes as "misrepresentations" outlined in...