An official familiar with the Guyana-Venezuela border controversy and the move to the International Court of Justice (ICJ) for a hearing and resolution of the matter believes that all efforts should be made by Guyana to green-light as much...
Guyana has no legal case to challenge the Production Sharing Agreement (PSA) between its Government and ExxonMobil affiliate; Esso Exploration and Production Guyana Limited (EEPGL) and partners—CNOOC-Nexen and Hess.
This was the view expressed by Guyanese Minister of Natural Resources,...
(Reuters) Venezuela's leftist leader Nicolas Maduro won a new six-year term on Sunday, but his main rivals disavowed the election alleging massive irregularities in a process critics decried as a farce propping up a dictatorship.
Victory for the 55-year-old former...
(BBC) After years of turmoil which at one point saw almost daily street protests, President Nicolas Maduro is looking to consolidate his power.
The opposition, however, refuses to even take part.
Who's going to win?
Most analysts agree that President Maduro is...
Guyanese represent fifty-two percent of ExxonMobil’s local workforce while 227 Guyanese companies supplied its oil and gas operations in 2018.
ExxonMobil's Senior Director, Public and Government Affairs, Kimberly Brasington, provided data to Guyana's Department of Public Information (DPI) which indicated...
Guyana’s Minister of Public Infrastructure, David Patterson, says his ‘shopping list’ has already been prepared and approved for the undertaking of a number of major transformational infrastructure projects when revenue from oil production begins to flow in 2020.
During an...
Oil prices hit $80 per barrel for the first time in more than three years on Thursday on concerns Iranian exports could fall, reducing supply in an already tightening market. Among the analysts weighing in, Boston Consulting Group’s Jamie...
Chief Executive Officer of Hess Corporation, John Hess, says when it comes to low development cost and favorable financial returns Guyana is a much better prospect than the Permian’s Delaware Basin.
The CEO was at the time speaking during a...
Leader of the Opposition Peoples Progressive Party Civic (PPP/C) in Guyana, Bharrat Jagdeo, on Wednesday outlined a number of key legislation for the country’s emerging oil and gas industry which are yet to be finalized, pointing out that this...
Brazil’s Petrobras has received its P-67 FPSO from the China Offshore Oil Engineering Company (COOEC), international media reported Wednesday.
The vessel will be remodified in Brazil towards the end of the month before being moved to the NOC’s Lula North pre-salt field. P-67 has...