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...
Tucker laments double standard of ‘handpicked’ Caribbean private sector body
The CARICOM Private Sector Organisation (CPSO), a body characterised as the region’s apex private sector institution, has been accused of...
Local content law is no roadblock for foreign companies – GCCI head
Guyana’s new Local Content law is viewed as a crucial tool to help Guyanese companies benefit from the new oil...
‘Role remains’ – no scaling back on work for Exxon’s Business Centre with new local content laws
The ExxonMobil controlled Centre for Local Business Development (CLBD) says its role remains and there will be no scaling back...
Oil discoveries: Level of success in Guyana ‘not normal’ – Exxon Head
There have been 27 profitable discoveries in the Stabroek Block, offshore Guyana. While the announcements of new oil discoveries seem...
‘New oil discoveries will strengthen Guyana’s global position’ – Bharrat
Two more commercially-viable oil discoveries were announced by oil giant ExxonMobil on Wednesday and Guyana’s Minister of Natural Resources Vickram...
Two new oil discoveries add to Guyana’s massive potential
Oil giant ExxonMobil has announced that two new commercially- viable discoveries have been made at the Fangtooth-1 and the Lau...
President signs Natural Resource Bill into law
After the successful passage of the PPP/C government’s amendments to the Natural Resource Fund (NRF) Bill in the National Assembly...
‘Rapid progression’ for local manufacturers with two new laws governing oil sector – GMSA
The GMSA, made up of the country’s largest manufacturers and service providers, says the recently passed laws governing how oil...
Finance Minister Ashni Singh’s successful piloting of NRF legislation sets Guyana well on the path to economic prosperity
Senior Minister within the Office of the President with responsibility for Finance Dr. Ashni Singh successfully piloted the amendments to...
BREAKING: Amendments to Natural Resource Fund Act passed
The amendments brought by the PPP/C government to amend, simplify and make more transparent the existing Natural Resource Fund (NRF)...
Historic Local Content Bill passed with amendments after rigorous debate
After 15 speakers and more than six hours of heated debate in the National Assembly on Wednesday, the Local Content...
Guyana Oil and Gas Energy Chamber backs Natural Resource Fund Bill
The Guyana Oil and Gas Energy Chamber has backed the Natural Resource Fund Bill. Below is a statement from the...
Private Sector supports passage of Natural Resource Fund Bill
The Private Sector Commission (PSC) on Wednesday backed amendments proposed to the Natural Resource Fund Bill which when passed will...
‘Explosion of business’ possible with Berbice deep water port – CGX
The multimillion deep water port being built aback Seawell village in Berbice could become a major hub for oil and...
Gov’t agrees to 10 of 14 amendments put forward by Opposition to Local Content Bill
Minister of Natural Resources Vickram Bharrat confirmed Wednesday that the government has agreed to support 10 of 14 amendments proposed...
Gov’t, Opposition meeting on Local Content Bill foiled as Harmon a no-show
A meeting between the government and opposition to discuss the APNU+AFC’s proposed amendments to the Local Content Bill had to...
Civil Society Member withdraws signature from letter objecting to NRF Bill
See below letter by Charles Sugrim, a member of the Civil Society Group that objected to the proposed amendments of...
GCCI pleased with NRF amendments but wants more time to provide input
See below full release issued by the Georgetown Chamber of Commerce and Industry (GCCI): The Georgetown Chamber of Commerce and...
