Tag: Guyana
Political turmoil, price uncertainty will delay FIDs in Guyana for months...
Political turmoil in South America’s newest oil producing nation Guyana, coupled with falling oil prices and the COVID-19 pandemic will delay Final Investment Decisions...
Carter Center: A high-stakes election in Guyana
(The Carter Center) On March 2, citizens of Guyana went to the polls for what the country was calling “the mother of all elections.” Every...
Guyana can learn from the Venezuelan crisis
Venezuela provides a window to a dystopian future. The country’s neighbour to the east, Guyana, is developing its first offshore oil and gas finds...
Guyana remains a bright spot in oil’s universe but politics could...
The International Monetary Fund, World Bank, and several other institutions, analysts and experts have all placed Guyana on the road to rapid economic growth...
US, UK warn of ‘serious consequences’ for those looking to ‘benefit...
The United States of America and the United Kingdom are stepping up their call for full transparency in Guyana’s March 2 election where to...
Bloomberg: A country’s future as world’s fastest-growing economy crumbles
(Bloomberg) When Exxon Mobil Corp. came to Guyana, the U.S. oil giant brought with it the promise of extraordinary economic growth. Now the tiny...
COVID-19, political instability could restrict Guyana’s growth and stall oil investments
The International Monetary Fund (IMF) says commodity exporters in South America will face all round lower export revenues as a result of the COVID-19 pandemic...
Guyana future uncertain as election woes deepen and coronavirus devastates global...
Guyana ended 2019 on the high note of a new oil producer and with the 16th discovery announced at the Stabroek Block off the...
CARICOM team exits Guyana as election crisis deepens
A high-level team from regional body CARICOM which arrived in Guyana over the weekend to supervise a full recount of votes has withdrawn after...
Hess slashes US$800M off E&P budget…Guyana offshore drilling unaffected
Hess Corporation announced Tuesday a revised $2.2 billion capital and exploratory budget for 2020, an $800 million reduction from the previous budget of $3.0 billion. The company also announced a...