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 accounts for one-third of the primary supply for the world’s population, and if natural gas...
First published on NEWSNOW April 11, 2013.
Spanish oil and gas company, Repsol could be months away from resuming drill operations offshore Guyana following the finalization of a new agreement with authorities.
An official at the country’s Ministry of Natural Resources and...
While laying the foundation to realize its fortunes and becoming a hemispheric leader in the oil and gas industry, Guyana has also been listening keenly to the advice coming from experts in the field.
Billy Joe Pellegrin, the Corporate Quality...
The Guyana government is forging ahead to establish laws and the essential framework necessary to ensure transparency and accountability at all levels within the emerging oil and gas sector.
The country’s Prime Minister, Moses Nagamootoo, recently outlined ongoing initiatives, which...
During the recent inaugural Oil and Gas Conference and Exposition hosted by the Guyana Oil and Gas Association (GOGA), held at the Guyana Marriott Hotel in Georgetown, (March 26-28, 2017) participants (including various stakeholder groups and Government Officials) were...
The importance of Guyanese benefiting directly from what is believed to be significant commercial quantities of crude oil offshore the South American country is being emphasized by the head of a key entity representing the interest of the country’s...
Guyana is fast becoming the premier location in the Oil and Gas Industry as the magnitude of oil reserves located 120 miles offshore the South American country is becoming more evident.
The resilient “third-world” country has actively began mobilizing resources...