(Bloomberg) Canada’s largest oil producing province ordered an unprecedented output cut, an effort to ease a crisis in the nation’s energy industry and adding to global actions to combat a recent price crash.
The plan announced Sunday will reduce production of raw...
Guyana's Finance Minister, Winston Jordan says at a time when the South American country is set to benefit immensely from oil production revenue and the associated business opportunities the industry brings, 'no reasonable int'l business would want to stay...
Eco (Atlantic) Oil & Gas Ltd which has licenses in highly prospective regions offshore Guyana and Namibia, announced on Thursday the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore...
One day into a trade mission to Europe’s Energy Capital, Aberdeen, several companies expressed interests in partnering with Guyanese businesses in the emerging Oil and Gas industry.
Guyanese High Commissioner to the UK, Frederick Hamley Case and his British counterpart...
South American emerging oil and gas powerhouse, Guyana, is listed among a handful of countries pushing a rise in annual deepwater capital expenditure.
In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following...
The Guyana Government has committed to setting up a body to monitor the management of proceeds generated from the emerging Oil and Gas Industry. The Public Accountability and Oversight Committee is being facilitated under the recently tabled Natural Resources...
Guyana’s Finance Minister, Winston Jordan, announced on Monday that 38.5 billion Guyana dollars – around US$183M – has been earmarked for major infrastructure development works in the South American country ahead of first oil in 2020.
Mr. Jordan said this...
The Environmental Protection Agency (EPA) in Guyana has approved the final Environmental Impact Assessment Report for ExxonMobil affiliate Esso Exploration and Production Guyana Limited’s (EEPGL) Liza Phase 2 Development Project. The EIA covers development of production facilities in the...
Guyana’s Finance Minister, Winston Jordan, said 2019 will see the beginning of a major economic transformation in the South American country. This, he said, is a direct result of the emerging oil and gas sector.
Mr. Jordan’s comments came just...
British High Commissioner to Guyana, Greg Quinn, will be leading a delegation of Guyanese business representatives to Aberdeen, Scotland from November 27 to 29.
Aberdeen is considered the oil capital of Europe and the number of jobs that have been created by the...
