Former Guyanese Minister of Natural Resources and the Environment, Robert Persaud, said he refuses to be dragged into what he called an election propaganda campaign in the ongoing issue surrounding a probe by the State Asset Recovery Agency (SARA)...
Former President and Opposition Leader of Guyana, Bharrat Jagdeo, says he is not opposed to an investigation into the distribution of oil blocks offshore the South American country, however, he is calling for this investigation to be conducted independent...
The deepwater reservoirs in Guyana’s Stabroek block where more than 5.5 billion barrels of oil have been found rank among the best in the world for quality and are expected to deliver high productivity. This is according to Chairman...
As more stakeholders continue to speak out regarding an apparent investigation being conducted by an anti-corruption agency in Guyana over the award of oil blocks in the lead up to the 2015 national elections, two partners in the Canje...
Guyana’s former President, Donald Ramotar, who held direct responsibility for petroleum at the time offshore oil blocks, which are currently the subject of an anti-corruption probe, were awarded, is calling the investigation a political ploy designed to distract from...
One of the lead groups representing businesses in the South American country of Guyana says while it stands firmly by the rule of law, it outrightly rejects the ‘reckless pronouncements’ being made by an anti-corruption agency regarding an apparent...
Guyana’s State Asset Recovery Agency (SARA) is not yet providing any information on a Bloomberg report published on Wednesday in which the head of the agency is quoted as saying a probe is underway regarding the award of offshore...
Chinese oil company CNOOC Ltd, a co-venturer in Guyana’s Stabroek Block, wants to expand in Brazil and is considering bidding in an auction of offshore exploration blocs in the pre-salt area set for later this year, the head of...
ExxonMobil Guyana is currently conducting a met-ocean survey at its Stabroek Block offshore the South American country of Guyana.
The operation, which is scheduled to conclude on May 5, is being executed by the M/V Sea Service some 90 nautical...
Hess Corporation, a 30 percent stakeholder in the prolific Stabroek Block offshore Guyana, believes more mega oil deposits are still to be found in the 6.6 million-acre block.
“Gross discovered recoverable resources on the block are estimated to be more...
