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Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe said the sustainable development of Guyana’s hydrocarbon discoveries and the revenues it will generate have the potential to place the country on a sustainable development pathway.  According to a...

Guyana’s energy sector includes the largest monopolies in the economy – in electricity and gas. The oil industry will be dominated by a few very large firms. The existence and apparent inevitability of monopoly have proved a motive for...

As more stakeholders continue to speak out regarding an apparent investigation being conducted by an anti-corruption agency in Guyana over the award of oil blocks in the lead up to the 2015 national elections, two partners in the Canje...

Guyana’s former President, Donald Ramotar, who held direct responsibility for petroleum at the time offshore oil blocks, which are currently the subject of an anti-corruption probe, were awarded, is calling the investigation a political ploy designed to distract from...

Guyana’s Department of Energy (DE) says it stands firmly by the deadline of June 2019 for the finalization of a local content policy framework, which will serve to ensure the people of Guyana benefit from the multi-billion barrel petroleum...

Dutch engineering firm Fugro, which has partnered with Guyanese firm Ground Structures Engineering Consultants Inc., has purchased a new vessel which they will use to conduct hydrographic surveys along Guyana’s coast. Marine Operations Manager for Fugro Guyana, Doug Chapman, gave...

One of the lead groups representing businesses in the South American country of Guyana says while it stands firmly by the rule of law, it outrightly rejects the ‘reckless pronouncements’ being made by an anti-corruption agency regarding an apparent...

Business representatives who recently returned to Guyana after a successful foray at the Offshore Technology conference in Houston, Texas, are expressing frustration and deep concern with the absence of a functional local content policy framework, as the country moves...

12 Guyanese will begin their careers in the oil and gas sector on June 3. The batch will receive training as Rig Clerks and will be stationed on the Noble Bob Douglas drillship on completion. Among the batch are...

US oil major ExxonMobil on Wednesday announced plans to significantly increase its earnings and cash flow generation by 2025 as it not only focuses on fossil fuel projects but also on its efforts to work on lower emission technologies,...