Guyana will be placing high priority on its ongoing territorial controversy with Venezuela, oil and gas related matters, and several other issues at the General Debate of the 73rd Session of the UN General Assembly Session currently taking place...
Reuters) - Africa-focused Tullow Oil will abandon its first well in Namibia, but data gathered in the project indicated it might strike lucky in another attempt, the company said on Monday.
“The Cormorant-1 exploration well in the PEL-37 licence, offshore...
Italian multinational oil and gas company Eni announced on Monday that it has been recognized as Global Compact LEAD, demonstrating the company’s ongoing commitment to the United Nations’ corporate sustainability initiative.
The decision was revealed at UN Headquarters in New...
(Sputnik) - Venezuela is not satisfied with its quota for oil production under the Vienna agreement of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers and is currently taking measures needed to restore its level of...
Head of Guyana’s Department of Energy Dr Mark Bynoe says the Local Content Policy development which was some time ago transferred to the Ministry of Business from the Ministry of Natural Resources is likely to be handed over to...
- Private sector could benefit significantly from investment facilities
Representatives from several Islamic development and finance institutions could arrive in Guyana early next year at the invitation of the country’s Minister of Finance, Winston Jordan.
The South American country became the...
(Reuters) - Sometime in the next few weeks, global oil consumption will reach 100 million barrels per day (bpd) - more than twice what it was 50 years ago - and it shows no immediate sign of falling.
Despite overwhelming...
On the heels of nine major discoveries offshore Guyana by ExxonMobil and its partners HESS and CNOOC Nexen and with the recent announcement of a major resource estimation by Eco-Atlantic, former Minister of Natural Resources and the Environment Robert...
(Reuters) - The United States is preparing a “series of actions” in the coming days to increase pressure on the Venezuelan government, U.S. Secretary of State Mike Pompeo told Fox News on Friday.
“You’ll see in the coming days a...
Guyana’s new Department of Energy (DOE) is stepping up its operations and has placed two key items at the top of its priority list. Head of the Department, Dr Mark Bynoe said in the short-term focus will be placed...