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Former Guyana Presidential Advisor on oil told to retract ‘false and defamatory’ claims or face lawsuit

Lawyers representing Guyana’s former Minister of Natural Resources and the Environment, Robert Persaud, have issued a letter to former Presidential Advisor on Petroleum, Dr. Jan Mangal, requesting that he immediately retracts ‘false and defamatory’ statements on the award of...

CARIVS 2020

CARIVS 2020 brings together an extensive network of senior decision-makers and business leaders from the Oil & Gas sector. The 3 DAY event is packed with discussions on the major trends in the industry, short and long-term market conditions,...

ExxonMobil empowering Guyanese women through global training programme

Several Guyanese women who have participated in the Global Women in Management (GWIM) training programme, funded by the ExxonMobil Foundation, have taken the lessons learned back into their communities across the new oil producing South American country. ExxonMobil Guyana said...

“Female-owned’ maritime institute prepping hundreds of Guyanese for deepwater operations

MatPal Marine Institute, the only maritime institution in Guyana, is equipping hundreds of Guyanese with internationally recognized and accredited certifications for employment in the country’s oil-rich waters offshore. “MatPal Marine Institute is a female-owned maritime institution,” said CEO, Coleen Abrams....

First Guyanese security firm attains ISO certification, looking to tap into O&G opportunities

Through the assistance of the Center for Local Business Development (CLBD), another Guyanese firm - MMC Security Force Company - has been able to attain ISO (International Organization for Standardization) 9001:2015 certification. The company says this will better position...

“We don’t apply political pressure connected to our commercial enterprises” – US Secretary of State

U.S. Secretary of State, Michael R. Pompeo says that the United States does not exert political pressure on countries to further the interest of American businesses operating in their territory. In an interview on Guyana’s state television channel, Pompeo said that...

Use oil revenues to push diversification agenda before window of opportunity is lost – Nokta urges

President of the Guyana Manufacturing and Services Association (GMSA) Shyam Nokta believes that now is the time that Guyana must make the most of the opportunities to strengthen the South American country’s traditional economic sectors given not only the...

Madrid Energy Conference

The virtual Madrid Energy Conference brings together senior business executives and government officials from Latin America, Europe, and the world to explore the vast cross-regional opportunities at the intersection of E&P, infrastructure, renewables, and finance.The inaugural edition of the...

Clarity, transparency needed for ‘cash transfers’ – expert warns

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...

Another Strike: ExxonMobil announces Redtail Discovery Offshore Guyana

Oil discovery is 18th offshore Guyana; follows discovery at Yellowtail-2Adds to previous estimate of more than 8 billion barrels of discovered recoverable resource ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 well which will add to the previously announced estimated...

Latest News

Promises for oil & gas unveiled as Guyana’s landmark elections now just days away  

Oil is a major discussion point ahead of Guyana’s September 1 general election. The ruling People’s Progressive Party/Civic (PPP/C)...