News

GO-Invest eyes GIPEX 2018 as launch-pad for enduring alliances

The Guyana Office for Investment (GO-Invest) - one of the organising partners of the Guyana International Petroleum Business Summit and Exhibition (GIPEX) 2018 - is looking to facilitate enduring business alliances between local and international companies in Guyana’s emerging...

Incentives contained in ExxonMobil PSA not unique to Guyana – MNR

The Ministry of Natural Resources on Tuesday urged that members of the media fraternity in Guyana acquaint themselves with industry specific knowledge and an understanding of the basic principles of contract regimes in oil and gas so that they...

Telecoms Ministry sees ICT as catalyst to accelerate Guyana O&G growth

Recognizing the role Information and Communication Technology (ICT) plays in development of a country, Guyana’s Ministry of Public Telecommunications believes that the agency has a critical role to play in supporting the country’s emerging oil and gas industry. Telecommunications Minister,...

Tourism body retooling for expected increase in visitors fueled by oil production

The Tourism and Hospitality Association of Guyana (THAG) is looking to promote cultural tourism as it gears up for the expected growth in the influx of visitors with the coming of oil production in 2020. President of THAG, Andrea de Caires,...

Oil jumps as Brent tops $70, with inventory data on tap

(Reuters) - Oil rose more than 1 percent on Tuesday, with benchmark Brent crude hitting $70 a barrel for the first time in a week, boosted by healthy world economic growth prospects and expectations for continued production curbs by...

ExxonMobil Guyana prepared to mitigate Liza Phase 2 potential environmental impacts

ExxonMobil affiliate Esso Exploration and Production Guyana Limited’s (EEPGL) environmental consultant has assured that the company stands ready to mitigate any of the identified potential environmental impacts from the proposed Liza Phase 2 development, recently announced. The company in its...

Five missing after Oklahoma oil and gas drilling site explosion

(Reuters) - Five workers were missing after a fiery explosion on Monday at an oil and gas drilling site in eastern Oklahoma, officials said. The fire had been fed by gas from a well being drilled for Red Mountain Energy...

GYEITI ramps up efforts to ‘police’ Guyana O&G industry

As the Guyana Government accelerates its preparations for first oil come 2020, the domestic branch of the International Extractive Industries Transparency Initiative (GYEITI) is ramping up its efforts to ensure greater public awareness and transparency in the country’s emerging...

TT’s Energy Minister says changes coming to work permit rules

Trinidad and Tobago’s Energy Minister Franklin Khan says work permit qualifications for energy sector staff will soon be amended to help address under-employment as well as ensuring greater transfer of skills to locals, reports Newsday. “There were 241 applications for...

ExxonMobil named 2017 Explorer of the Year; Guyana discoveries boosted performance

ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry. “This award is recognition of ExxonMobil’s successful efforts to strengthen our portfolio by accessing and...

Latest News

Exxon not backing out of Block S8 talks – Jagdeo 

ExxonMobil, Hess and CNOOC are not backing out of talks with the Guyana government for a shallow water block...