ExxonMobil is rejecting the assertion that its Liza Phase 1 operations will negatively impact in a significant manner Guyana’s fishing industry; a view posited by a number of vocal critics of the Government’s deal with the US oil major...
As discussions continue about the prospect of bringing natural gas to shore in the South American country of Guyana, authorities say such a move must be economically feasible and part of a transition to renewable energy, in keeping with...
TOTALTEC Oilfield Services Limited on February 28, 2018 successfully completed its second equity finance raising from a large international investor. However the price has not been disclosed.
TOTALTEC is a partner in a major onshore infrastructure development project in Guyana...
Even as Venezuela continues to reject the notion of a “judicial settlement” over its decades-old claim to territory Guyana secured in an 1899 arbitral award, the lone English speaking country on the South American continent is adamant that a ruling...
The US Department of Interior is set to allow oil and gas firms to explore and develop 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida.
Anticipated to be conducted on 15 August this year, Lease Sale 251 will...
Minister with responsibility for petroleum in Guyana, Raphael Trotman, has assured that the South American country will have a fully established and functional Sovereign Wealth Fund (SWF) "long before" oil production gets underway in 2020.
Mr. Trotman’s remarks come in...
Warnings about Islamist group ISIS having a local cell in Trinidad and Tobago (TT) has prompted energy companies in the twin island republic to beef up security.
London-based Argus Media reported on Monday that government, industry officials and diplomats told...
A number of individuals including Chartered Accountant and vocal critic in Guyana’s oil and gas sector, Christopher Ram, have been invited by Guyanese authorities to share their views on the Petroleum Commission Bill.
This was disclosed by Minister of Natural...
Former Brazilian President Luiz Inacio Lula Da Silva says US President, Donald Trump “doesn't care about Latin America in the least” and added that “Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama...
For decades, many Latin America’s oil-producing nations have often shunned investment from foreign firms, instead keeping their vast reserves under the tight control of governments and state-run oil companies, Reuters states in a April 2 report.
They aimed to protect...
