Oil & Gas
Appeal Court overturns decision on financial assurance dispute, rules in favour of ExxonMobil, EPA
The Court of Appeal has ruled in favour of ExxonMobil Guyana Limited and the Environmental Protection Agency (EPA), overturning a 2023 High Court judgment delivered by Justice Sandil Kissoon concerning financial assurance requirements under ExxonMobil’s offshore petroleum environmental permit. In the earlier decision, the High Court ruling had found that ExxonMobil was in breach of...
An ‘energy balance’ needed: Guyana’s Ali makes case for strategic investments globally
By Vishani Ragobeer in Houston As thousands of industry professionals gathered in Houston, Texas for the 2026 Offshore Technology Conference...
OTC 2026: President Ali leads Guyanese delegation, visit to oil refinery planned
Guyana’s President, Dr. Irfaan Ali, will lead a delegation of about 100 officials and private sector players at this year’s...
Jagdeo sets record straight on oil and gas issues; corrects misrepresentations in Kaieteur News
Vice President Dr. Bharrat Jagdeo has clarified several misrepresentations about Guyana’s oil and gas industry, particularly those reported on by...
GCCI welcomes oil companies’ updated local content master plans
The Georgetown Chamber of Commerce and Industry (GCCI) has welcomed the inclusion of a 45-day payment period in the Local...
Gov’t approves oil companies’ updated local content master plans
The Ministry of Natural Resources approved updated local content master plans of at least two major contractors in Guyana’s oil...
Cheaper electricity closer as gov’t receives five bids for Wales project
Cheaper electricity, a long-pursued goal of Guyana, is closer now that the government has received five bids for the construction...
Oil blocks’ auction on for end of September
The much-anticipated sale of Guyana’s oil blocks is set for the end of September, Vice President Dr. Bharrat Jagdeo said...
New oil and gas vessel support company hoping to encourage Guyanese participation in sector
A new offshore vessel support and logistics services company that boasts 100 percent Guyanese ownership is hoping to play a...
One barrel of oil leaked near second oil ship
One barrel of crude oil was leaked into Guyana’s waters near the vicinity of the Liza Unity oilship, which is...
Government instructs companies to pay locals within 45 days
Statement by the Ministry of Natural Resources (September 09, 2022) As part of continuous engagements with contractors, sub-contractors and other...
Labour Minister warns oil and gas recruitment companies over unethical employment
With labour demands in the oil and gas sector growing, Labour Minister Joseph Hamilton is warning recruitment companies against unethical...
With 13 lifts this year, Guyana’s oil revenues to double
The Guyana government anticipates that there will be a total of 13 lifts of profit oil for 2022. In keeping...
With US$20M investment, Guyana’s first oil and gas training centre opens at Lusignan
Guyana’s first oil and gas centre, which promises to train thousands of Guyanese and foreigners for the lucrative petroleum sector,...
Efficient oil wealth management, scrutiny assured with key appointments
In a move that promises to ensure proper management and scrutiny of Guyana’s oil wealth, President Dr. Irfaan Ali on...
Elon Musk: ‘Civilisation will crumble’ without Oil and Gas in short term
Tesla CEO and world’s richest person Elon Musk on Monday backed additional efforts to drill for natural gas and oil...
Gov’t working to guarantee maximum participation of locals in oil industry – Local Content Secretariat
See below full release from the Local Content Secretariat: The Local Content Secretariat wishes to respond to two Local Content...
Guyana’s oil supplies part of India’s plan to ease shortages
India has been grappling with some supply challenges due to disruptions stemming from the Ukraine crisis, but the South-Asian country...
President Ali calls Guyanese FPSO workers ‘trailblazers’
President Dr Irfaan Ali told the Guyanese crew on board the Liza Unity that they are among the “trailblazers” responsible...
Compensation for fisherfolk as dredging continues for V/Hoop Shore Base
The developers of the Vreed-en-Hoop Shore Base on the West Coast of Demerara have assured residents in the area there...
Norway’s sovereign wealth fund loses $174 billion in the first half; cites inflation and war in Europe
Norway’s sovereign wealth fund, the largest in the world, had a loss of 1.68 trillion Norwegian kroner ($174 billion) in...
