If Guyanese are bypassed by oil companies for jobs and business opportunities in the burgeoning petroleum sector, then the government would be forced to change its policy on local content, says President of the South American country, Dr. Irfaan...
A significant reduction in the cost of electricity is not the only benefit that will be accrued from the Guyana government’s multi-billion-dollar gas-to-shore project slated for Wales on the West Bank of Demerara.
According to President Irfaan Ali, the project...
To ensure all stakeholders benefit from Guyana’s lucrative oil and gas sector, Minister of Natural Resources, Vickram Bharrat urged current and prospective investors to work with locals on their projects. He made this call during his brief remarks at...
(Reuters) Venezuelan state oil company PDVSA is turning to local partners as it seeks to plug the gap left by Western companies in the OPEC nation's oil sector, according to interviews with a half dozen industry sources, as U.S....
In order for Suriname to prudently manage its oil and gas industry, Senior Analyst at America’s Market Intelligence (AMI), Arthur Deakin, is calling for the South American country to take lessons from Guyana’s oil boom.
In an analysis released to...
The newly repaired and upgraded components of the flash gas compression system for the Liza Destiny FPSO have arrived offshore Guyana and are being reinstalled.
ExxonMobil Guyana's Public and Government Affairs Advisor, Janelle Persaud, said Friday these include a newly...
Former Senior Director for Government Relations at ExxonMobil’s local affiliate, Esso Exploration and Production Guyana Limited (EEPGL), Marcus Tripp, is the new Senior Director Public & Government Affairs in Guyana, replacing Karen Matusic.
Matusic has returned to the United States...
Guyana’s Vice President, Dr. Bharrat Jagdeo is of the view that the South American country has already met net-zero status in the global efforts to reduce emissions.
“In Guyana’s case, because of our huge forest, we are already at net-zero…because...
In order for the energy needs of the world to be met, upstream investments will have to significantly increase in the coming years. Deepwater ‘advantaged barrels’ in locations such as the Guyana-Suriname Basin will therefore continue to play a...
Based on the World Bank’s latest statistics, carbon pricing appears to be gaining more acceptance and is proving to be a cost-effective policy tool in combating climate change.
According to the financial institution’s latest report called State and Trends of...
