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16 youths embark on inaugural natural resources apprenticeship programme

Sixteen youths will have an opportunity during the month of August to learn more about the operations of the agencies and industries in Guyana’s natural resources sector, as part of a Youth in Natural Resources Apprenticeship Programme, launched today...

Use oil revenue to develop agriculture sector; urges Guyanese engineer

A Guyanese engineer is urging authorities to ensure some of the revenue the country is set to receive from oil production is used to develop the agriculture sector. Dr. Vincent Adams told dozens of persons gathered on Thursday for a presentation...

MSG members call for responsible media reporting on oil & gas in Guyana

As the conversation on Guyana’s emerging oil and gas industry begins to take center-stage, stakeholders, while recognizing the critical role of the media in keeping the public informed, are calling for more responsible reporting. Members of the Guyana Extractive Industries...

Venezuela could try to use details in petroleum contract to jeopardize production – Source

The contract and agreements for the development and production of hydrocarbon resources offshore Guyana may have as much as 1,000 clauses, one or more of which Venezuela could try to use to jeopardize the entire contract, and in so doing, oil...

Civil society must position itself to play watchdog role – Canadian High Commissioner

One of the key factors which can ultimately contribute to Guyana’s success as an oil and gas producing nation, is a vibrant and well informed civil society. Outgoing Canadian High Commissioner to Guyana, Pierre Giroux, believes that much more...

Sinister efforts afoot to gain access to petroleum contract, documents – Trotman

Even as Guyana continues to approach the disclosure of its agreement with US super-major ExxonMobil for the development and production of petroleum with caution, sinister moves appear to be afoot by others, to gain access to these documents, disclosed...

$620B in oil & gas projects may be deferred through 2020 – Deloitte

The impact of the extended oil price downturn will likely have long-term effects on the industry in a number of areas including capital allocation and people, according to multinational professional services firm, Deloitte Touche Tohmatsu Limited. In describing 2017 as...

We are not writing legislation…we review when asked – US Ambassador to Guyana

United States Ambassador to Guyana, Perry Holloway, says the South American country continues to receive assistance from the US in its preparation for oil production come 2020, but even this assistance has certain limitations. During a recent interview with OilNOW,...

Scientists turn to big data in hunt for minerals, oil and gas

OSLO (Reuters) - Scientists searching for everything from oil and gas to copper and gold are adopting techniques used by companies such as Netflix or Amazon to sift through vast amounts of data, a study showed on Tuesday. The method...

US imposes sanctions on Venezuelan leader Nicolas Maduro

(BBC) The US government has branded Venezuela's President Nicolás Maduro "a dictator" and frozen any US assets, after he held a controversial poll to elect a constituent assembly. Under the sanctions, US firms and individuals are banned from doing business...

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Hess reports Q3 gains with Guyana leading production growth

Hess Corporation revealed a strong third quarter driven by expanded production in Guyana’s offshore Stabroek Block. The company reported...