(Jamaica Gleaner, CMC, 8.Aug.2018) â Regional commission ECLAC is reporting that foreign direct investments, FDI, in Guyana increased to US$212 million last year in part […]
Category: Guyana
Guyana energy
Noble Tom Madden to Return to Active Status
(Energy Analytics Institute, Jared Yamin, 2.Aug2018) â Noble Tom Madden will return to active status following contract award. Following the close of the second quarter […]
Granger Says Guyana Energy Head Fit and Proper
(Department of Public Information, Guyana, Alexis Rodney, 2.Aug.2018) â President David Granger said today that he is confident of the work that will be executed […]
Granger Govât Overwhelmed by Enormity of Tasks
https://www.stabroeknews.com/2018/opinion/letters/07/31/granger-govt-overwhelmed-by-enormity-of-tasks-in-oil-and-gas-sector/ (Stabroek News, 31.Jul.2018) â Dear Editor, The discovery of oil by ExxonMobil in 2015 has put Guyana on a trajectory to receiving significant revenues. […]
Guyanaâs âAstonishingâ Future
(Trinidad Express, David Renwick, 31.Jul.2018) â The USâs leading oil company, ExxonMobil, continues to make discovery after discovery in its Stabroek block offshore Guyana, the […]
Guyana: Will its Oil Boom Benefit the People?
(Al Jazeera English, 30.Jul.2018) â Oil companies have identified massive offshore reserves in Guyana, one of South America’s poorest nations. New estimates last week report […]
Review Guyana Oil Spill Plans Before Signing Contracts
(Kaieteur News, 30.Jul.2018) â Before any contract is signed with an oil operator, the government should require that it presents and obtains approval for contingency […]
ExxonMobil Raises Stabroek Block to More Than 4 Bln Bbls
(ExxonMobil, 23.Jul.2018 ) â ExxonMobil has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion […]
Guyanaâs Oil Reserves Are Larger Than Expected
(OilPrice.com, Julianne Geiger, 23.Jul.2018) â Guyanaâs recoverable offshore oil reserves are larger than expectedâby almost a billion barrels, Hess Corp CEO John Hess said in […]
Offshore Guyana Oil and Gas Potential is “Massive”
(UPI, Daniel J. Graeber, 23.Jul.2018) â The size of a reservoir off the coast of Guyana is “massive,” the CEO of Hess Corp. said Monday […]
The $20 Billion Question for Guyana
(The New York Times, Clifford Krauss, 20.Jul.2018) â Guyana is a vast, watery wilderness with only three paved highways. There are a few dirt roads […]
Guyanese Tanker Workers Undergo Safety Training
(Stabroek News, 18.Jul.2018) â Approximately 35 Guyanese Pritchard-Gordon Tankers (PGT) workers were educated on safety practices as Shell partnered with the company to host a […]
FDI in LAC Region Falls for Third Straight Year
(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) â Foreign Direct Investment (FDI) in Latin America and the Caribbean fell for a third straight year in 2017, […]
Stock to Watch: ExxonMobil in Guyana
(OilPrice.com, Meredith Taylor, 10.Jul.2018) â American energy dominance is on the rise. In March 2018, the U.S. beat its all-time record and pumped more than […]
ExxonMobil says Not Funding Political Party in Guyana
(Stabroek News, Marcelle Thomas, 8.Jul.2018) â Facing questions from a parliamentary committee, ExxonMobil yesterday denied that it was funding any political party or political initiatives […]
Could Guyanaâs Oil Fortunes Curse Country?
(Energy Analytics Institute, Pietro D. Pitts, 8.Jul.2018) â Recent success in Guyanaâs oil sector could be a wolf in sheepâs clothing. Guyana doesnât yet produce […]
Guyana Pre-2020 Investment Boom
(Energy Analytics Institute, Piero Stewart, 6.Jul.2018) â Oil production will begin in 2020, and the boom in investment beforehand will continue to drive activity, writes […]
National Oil Co for Guyana Would Be Disaster
(Stabroek News, 3.Jun.2018) â The creation of a National Oil Company (NOC) will be âa disasterâ for this country warns former Government Advisor on Petroleum, […]
Japan Commits $17.8 Mln to Guyanaâs Renewable Energy
(NewEnergyEvents, 3.Jul.2018) â The Government of Guyana has secured a deal with Japan for US$17.8M dedicated to renewable energy development and system efficiency improvements. This […]
Trinidad, Guyana and Suriname: Challenges
(AIPN, 27.Jun.2018) â Petroleum consultants and other energy sector experts will discuss the challenges and opportunities in Trinidad & Tobago, Guyana and Suriname during a […]
ExxonMobil, Partners Spent $24 Mln in Guyana
(Energy Analytics Institute, Piero Stewart, 22.Jun.2018) â US-based ExxonMobil Corporation and partners continue to invest in small-to-medium sized enterprises in Guyana. Irving, Texas-based ExxonMobil and […]
ExxonMobil Announces 8th Find Offshore Guyana
(Energy Analytics Institute, Piero Stewart, 20.Jun.2018) â Irving, Texas-based Exxon Mobil Corporationâs good luck continues in Guyana. The oil giant announced it has made its […]
ExxonMobil Reconfirms March 2020 for First Guyana Oil
(Denis Chabrol, DemeraraWaves, 12.Jun.2018) â ExxonMobil on Tuesday reconfirmed that Guyana will pump up its first barrel of oil in March 2020, even as the […]
ExxonMobil Advances Offshore Guyana Liza Development
(ExxonMobil, 12.Jun.2018) â The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said. Development drilling began […]
Critchlow Labour College Working with T&T Cos
(Stabroek News, 8.Jun.2018) â Having long established itself as a significant contributor to tertiary education in Guyana, the Critchlow Labour College is seeking to embrace […]
Regional Deepwater Industry in Southern Caribbean
(Energy Analytics Institute, Aaron Simonsky, 7.Jun.2018)Â â Kevin Ramnarine discusses the regional deep-water industry in the southern Caribbean during a technical speech in Trinidad on the […]
Deepwater Projects Breakeven at $42/bbl, Ramnarine Says
(Energy Analytics Institute, Aaron Simonsky, 7.Jun.2018) –Thatâs according to comments by former Trinidad and Tobago Energy Minister Kevin Ramnarine. âOn average, deep-water projects need an […]
Ramnarine Talks About Southern Caribbean Deepwater Industry
(Energy Analytics Institute, Ian Silverman, 31.May.2018) â Former Trinidad and Tobago Energy Minister Kevin Ramnarine will speak in Port of Spain about the regional deepwater […]
Guyanaâs Energy Agency Responds in Q&A about Fuel Smuggling
(Energy Analytics Institute, Piero Stewart, 30.May.2018) â Fuel smuggling from countries neighbouring Guyana is a major issue. The small South American country has developed the […]
Energy, Education, and Learning Through NRG ED
(Energy Analytics Institute, Aaron Simonsky, 24.May.2018) â Energy Analytics Institute, formerly LatinPetroleum Inc., continues to promote its âEnergy Education Initiativeâ in the Americas, also known […]
Exxon Defends Guyana Deal Amid Criticism, Seeks Quick Production
(Seeking Alpha, Carl Surran, 1.May.2018) â Exxon Mobil defends its oil production contract with Guyana after the International Monetary Fund recommended the country rewrite its […]
ECLAC Ssays Venezuelaâs Economic Activity to Fall 8.5% in 2018
(Energy Analytics Institute, Aaron Simonsky, 1.May.2018) â The United Nations Economic Commission for Latin America and the Caribbean, also known as ECLAC or CEPAL by […]
Hess Acquires Interest in New Acreage Offshore Guyana
(World Oil, 30.Apr.2018) â Hess Corporation has announced that its subsidiary, Hess Guyana (Block B) Exploration Limited, had reached agreement with Esso Exploration and Production […]
Exxon Mobil: Second Well has no Commercial Quantities of Oil
(Asianet-Pakistan, 28.Apr.2018) â ‘Unfortunately, the well did not encounter commercial quantities of hydrocarbons. Exploration wells come with a certain amount of risk and this is […]
Favorable Terms To Help Guyana Prove Potential
(Rystad, 19.Apr.2018) â Rystad Energy analysis shows that Guyanaâs fiscal regime is favorable to oil companies when compared to mature oil and gas development countries […]
Expert from UG Not Sanguine About âUp Frontâ Cash
(Stabroek News, 23.Mar.2018) â âWhile the front-loading of contracts and the securing of large contracts might be politically popular it might prove to be economically […]
Guyana: The Oil Contract Debate
(By Lakhram Bhagirat and Leyland M. Lucas, Stabroek News, 23.Mar.2018) â In the late 1990s, Guyana signed an Oil and Gas exploration agreement with Exxonâs […]
Will Money from Guyana’s Oil Boom Get to the People
(CaribNation TV, 16.Mar.2018) â Guyana is poised to become the next big oil producer in the Western Hemisphere, attracting the attention and investment dollars of […]
Caribbean Of 2040: Vibrant Economies
The Caribbean Of 2040: vibrant economies where people are safe, productive, and happy, according to a video by Inter-American Development Bank (IDB).
CGX Energy Appoints Engineer For Corentyne Well in Guyana
(CGX, 2.Mar.2018) â CGX Energy Inc. announced appointment of Drilling Engineer Michael (Mike) P. Stockinger as Project Operations Manager, who will be in charge of […]
ExxonMobil Announces Seventh Oil Discovery Offshore Guyana
(Exxon Mobil, 28.Feb.2018) â Exxon Mobil Corporation announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. ExxonMobil encountered approximately 65 […]
Guyana Basin Exploration to Ramp: Wood Mackenzie Says
(Energy Analytics Institute, Ian Silverman, 28.Feb.2018) â The Liza discovery was the largest oil discovery in 2015 and has significantly de-risked the Cretaceous Tertiary play, […]
Guyana Is About to Open Up Pandora’s Barrel
(Mac Margolis, 16.Feb.2018) â Wedged between Brazil and Venezuela, Guyana could easily go unnoticed. It has fewer than 750,000 people and a per capita income […]
Total Enters Prolific Guyana Basin With Three Licences
(Total, 5.Feb.2018) â Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements […]
Shell Made Mistake Pulling Out of Guyana basin
(CaribbeanLife, Bert Wilkinson, 31.Jan.2018) â Now that Guyanaâs oil and gas basin has been deemed as one of the hottest and most exciting prospects in […]
CGX Announces Resignation of its Chief Executive Officer
(CGX, 10.Jan.2018) â CGX Energy accepted Mr. Dewi Jonesâ resignation as Chief Executive Officer of the company, effective January 8, 2018. âThe xompany would like […]
ExxonMobil Announces Sixth Oil Discovery Offshore Guyana
(Exxon Mobil, 5.Jan.2018) â Exxon Mobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobilâs sixth oil discovery offshore Guyana since 2015. The […]
Guyana’s Coast Gets Battered By Waves
(Energy Analytics Institute, 10.Oct.2017) â Guyana, the small English-speaking South American country that is set to become the region’s next petro-state, sit below sea level […]
ExxonMobil Announces Fifth Discovery Offshore Guyana
(Exxon Mobil, 5.Oct.2017) â Exxon Mobil Corporation announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is ExxonMobilâs […]