Guyana's Natural Resources Minister, Vickram Bharrat has assured that the National Assembly will be furnished with all agreements signed for the US$2.2 billion Gas-to-Energy (GTE) project.
Mr. Bharrat provided this assurance as part of a written response to a question...
ExxonMobil Corporation is reportedly planning to wind down oil production in Equatorial Guinea and close shop after its licence expires in 2026. According to a Reuters report, Exxon has cut production in Equatorial Guinea to less than 15,000 barrels...
Chief Executive Officer of Frontera Energy, Orlando Cabrales, said Thursday that the Corentyne Block joint venture (JV) – CGX Energy and Frontera – filed a notice of potential commercial interest in recent months with the Guyana government for the...
Stabroek Block stakeholder, Hess Corporation, has committed to purchasing US$750 million in carbon credits from Guyana, kicking off a major low-carbon initiative by the government, to generate revenue from forest conservation.
An event to commemorate the agreement was held at...
The Architecture for REDD+ Transactions (ART) has issued the world’s first TREES credits to Guyana, it announced Thursday. It said this marks a milestone, making Guyana the first country in the world to be issued carbon credits specifically designed for...
Natural Resources Minister, Vickram Bharrat, has informed the National Assembly that the government is awaiting a nominee from the political opposition to move ahead with the establishment of a Local Content Advisory Committee.
His comment was a direct response to a...
Abu Dhabi National Oil Company (ADNOC), one of the world’s leading energy producers, says it will spend a whopping US$150 billion to boost reserves over the next five years to meet the world’s growing energy needs.
The massive budget was approved on...
SBM Offshore met with fourth and fifth form students at the Corentyne Comprehensive High School in Berbice last Friday to apprise them of the company’s role in Guyana’s oil sector, and the careers available in the industry.
This is the...
Representatives from Guyana and India engaged in discussions this week to deepen bilateral relations in several sectors, namely oil, trade, and food security.
These talks, held in Georgetown, marked the fourth round of Foreign Office Consultations between the two.
India was represented...
The Corentyne Block co-venturers, CGX Energy and Frontera Energy, insisted Thursday that their license is in good standing with the government of Guyana.
This defense of the license came as news circulated that Guyana’s new model production sharing agreement (PSA) would include safeguards...
