Guyana’s Minister of Natural Resources, Raphael Trotman, has described his recent participation in the annual meeting of the New Petroleum Producers Discussion Group in Suriname as fruitful.
The New Petroleum Producers Discussion Group is an initiative of London-based Chatham House,...
Hess Corporation (NYSE: HES) today reported a net loss of $624 million, or $2.02 per common share, in the third quarter of 2017 compared with a net loss of $339 million, or $1.12 per common share, in the third...
The Extractive Industries Transparency Initiative (EITI) Board has approved Guyana’s EITI candidature application making the South American country the 53rd candidate of the global transparency body.
OilNOW understands Guyana’s EITI National Coordinator, Dr. Rudy Jadoopat travelled to the Philippines to...
Guyana’s Minister of Natural Resources, Raphael Trotman, says he is excited by the interest being shown by foreign companies looking to tap into the prospects of the country’s oil and gas sector.
He made specific mention of US supermajor, Chevron,...
Hess Corporation (NYSE: HES) announced on Monday several additional steps in what the company says is the continued execution of its strategic plan to further focus its portfolio and allocate capital to higher return assets:
An agreement to sell its...
Theophilus Nyamko Ahwireng, former Chief Executive Officer of the National Petroleum Commission of Ghana delivered a well-received presentation on resource management, governance and sustainable development of the oil and gas sector to a packed audience in Georgetown, Guyana, on Monday.
The...
A key group representing the business community across Guyana will be staging a series of public discussions on oil & gas, beginning today.
The Georgetown Chamber of Commerce and Industry (GCCI) will be spearheading a series of public lectures and...
(CNBC) For two separate weeks recently, the U.S. exported as much oil onto the world market each day as was being pumped in either Nigeria or Venezuela and by several other OPEC countries together.
Those roughly 1.9 million barrels a...
While the law does not stipulate that foreign companies should make shares available on the Guyana Stock Exchange, General Manager of the entity, George Edwards, said this is an area that the country's Government should give consideration to.
In an...
The Environmental Protection Agency (EPA) in Guyana will host a one day retreat on October 30 to examine extensively its processes for dealing with the oil and gas industry and its likely implications for the environment.
This was disclosed by the country’s...