Tag: Oil
Donald Trump champions ‘Drill, Baby, Drill’ to expand drilling initiatives
Former President Donald Trump reignited his support for aggressive energy policies at the Republican National Convention (RNC) Thursday night, emphasising...
Guyana to earn 2% Royalty from Liza production; 50% profit from sale of petroleum
Following reviews of the technical and environmental aspects of the Liza Project, the Government of Guyana is expected to grant...
ExxonMobil earns $4B during first quarter 2017
ExxonMobil First Quarter 2017 vs. First Quarter 2016 Upstream earnings were $2.3 billion, compared to a loss of $76 million...
ExxonMobil Announces New Oil Discovery Offshore Guyana
Exxon Mobil Corporation announced today (March 30, 2017) positive results on the Snoek well offshore Guyana, confirming a new discovery...
Zone of peace at risk if Guyana/Venezuela border controversy not expeditiously resolved- Greenidge
(Ministry of Foreign Affairs- Guyana- Thursday, March 16, 2017) Vice-President and Minister of Foreign Affairs, Carl Greenidge, has emphasised that...
Guyana signs MOUs with Mexico for capacity building in oil industry
Guyana and the Mexican Institute of Petroleum (IMP) signed three Memorandums of Understanding (MOUs) to build capacity in the emerging...
Exxon Mobil Applies for Production License of Oil in Guyana
GEORGETOWN, Guyana (AP) — American oil giant Exxon Mobil Corp. has asked Guyana’s government for a production license to let...
Detailed strategy needed for oil spending- British High Commissioner
As Guyana prepares to harness its wealth from the Oil Industry, British High Commissioner, Greg Quinn has warned that the...
