The effectiveness of Guyana’s development plans depends on the notion that the population can adequately benefit from the oil revenues that are beginning to flow, particularly since it has a limited window of opportunity in which to capture maximum...
The Schlumberger Foundation is now accepting applications from Guyanese women for its ‘Faculty of the Future’ Fellowship Awards Program for the period 2021 to 2022.
The Faculty for the Future program, launched in 2004, awards fellowships to women from developing...
(Bloomberg) -- It was meant to be the week when OPEC nations gathered in Baghdad to celebrate the cartel’s six decades as a dominant force in global oil markets.
Instead, the Organization of Petroleum Exporting Countries and its allies will...
The Tanager-1 well in the Kaieteur Block offshore Guyana has been voted as the prospect that will most likely lead to a commercial discovery in the second half of 2020. This is the results of a poll conducted by...
Guyana’s Foreign Secretary Robert Persaud said the new oil producing nation must use some of the revenue from its vast hydrocarbon resources to bolster other export-oriented sectors of the economy.
The South American emerging oil giant has already benefited from...
The Yellowtail area offshore the South American country of Guyana contains oily fluids similar to those of the Liza discovery which US oil major ExxonMobil made back in 2015. With the recent additional reservoirs found in this location, it...
New oil producer Guyana is keen on ensuring the windfall from its vast offshore hydrocarbon resources is spent in a manner that does not ‘overheat the economy’.
"We are also mindful of the volatility inherent in petroleum revenues, as well...
In what is quite possibly its sharpest criticism of one aspect of ExxonMobil's offshore activities, Guyana's Vice President Bharat Jagdeo said last week that his government is “opposed to flaring.” His comment came at a press conference hosted by...
A high-powered lineup including oil and gas industry leaders, and officials from the Guyana and Barbados Governments will participate in the inaugural Caribbean Virtual Oil and Gas Summit (CARIVS) set for September 15-17, 2020.
Guyana’s Minister of Natural Resources, Honourable...
Following an announcement by the Guyana Government that there would be targeted cash transfers from oil revenues for the country’s vulnerable, an expert in the natural resources industry is advising that the world’s newest oil producing nation establishes a...
