(CNOOC, 19.Aug.2020) — CNOOC Limited announced its 2020 interim results for the six months ended June 30, 2020. Facing the unprecedented challenges in the first half of 2020, CNOOC Limited...
(DemeraraWaves, 18.Aug.2020) — In light of the recent blackouts , the Guyana Power and Light Inc (GPL), through the Ministry of Public Works will be moving to put out an...
(Caribnews, 18.Aug.2020) — The United Kingdom-based, anti-corruption organization Global Witness yesterday called on the new Government here to immediately investigate and renegotiate the US-owned oil giant Exxon’s exploitative oil license...
(CBC News, 16.Aug.2020) — Former Alberta Premier Alison Redford will head a team of consultants in a review of oil giant Exxon Mobil's proposed Payara oil well in the South...
(Guyana Ministry of Natural Resources, 15.Aug.2020) — The Ministry of Natural Resources recently announced the review of the Esso Exploration and Production Guyana Limited’s (EEPGL) Payara contract and, in the...
(Kaieteur News, 14.Aug.2020) — Even though it told the Environmental Protection Agency (EPA) that it would bring an end to flaring today, it appears that American oil giant, ExxonMobil, will...
(Kaieteur News, 14.Aug.2020) — Even though the PPP/C government may be desirous of granting the approval for ExxonMobil’s third development project within a reasonable timeframe, it will not be rushing...
(DemeraraWaves, 14.Aug.2020) — The Guyana government plans to open negotiations with United States (US) oil giant ExxonMobil to purchase natural gas to push industrialisation and provide cheap electricity to the...
(Kaieteur News, 13.Aug.2020) — Payara will be proof and pave the way. Payara could be the first plank toward petroleum prosperity. That delay pending review is a constructive move. For...
(Stabroek News, 13.Aug.2020) — On the heels of President Irfaan Ali’s announcement on Tuesday that the Payara project approval will have to wait on an international oil expert’s assessment and...
(DPI, 12.Aug.2020) — Minister of Natural Resources, Hon. Vickram Bharrat, this morning visited the Ministry of Natural Resources Annex where he toured the facility and met with staff. Minister Bharrat...
(Stabroek News, 12.Aug.2020) — In a key oil sector decision, President Irfaan Ali last evening said that his government is lobbying for technical and financial support to have an international...
(DPI, 11.Aug.2020) — Solidifying his intention of having a hands-on approach with the Ministry of Natural Resources and its agencies, the Minister of Natural Resources, Hon. Vickram Bharrat, on Tuesday,...
(Argus, 11.Aug.2020) — Guyana's new government will decide by the end of August whether to approve ExxonMobil's 220,000 b/d Payara project, natural resources minister Vickram Bharrat said. Payara is ExxonMobil's...
(Seeking Alpha, 11.Aug.2020) — Guyana's new government will decide by the end of August whether to approve Exxon Mobil's 220K bbl/day Payara project, the country's natural resources minister says. Payara...
(Argus, 10.Aug.2020) — Guyana's new natural resources minister is computer scientist Vickram Bharrat, a key appointment for the rapidly expanding oil sector. Bharrat, who is part of the administration of...
(Stabroek News, 6.Aug.2020) — Nineteen ministers were added to the administration of President Irfaan Ali yesterday and among them are some veterans who have served in previous PPP/C’s administrations and...
(Carter Center, 3.Aug.2020) — The Carter Center commends the Guyana Elections Commission and Chairperson Claudette Singh for finalizing the results of the 2020 election. It extends its congratulations to President...
(DPI, 2.Aug.2020) — Chairman of the Guyana Elections Commission (GECOM) Justice (ret’d) Claudette Singh moments declared PPP’s presidential candidate Mohammed Irfaan Ali as the next President of Guyana. The announcement...
(DPI, 2.Aug.2020 ) — Guyana’s new President Mohamed Irfaan Ali speaks to the media from Georgetown. https://youtu.be/3FcwywoYQO4 __________
(Energy Analytics Institute, 2.Aug.2020) — Guyana’s Election Commission (GECOM) announced 2 August 2020 that Mohamed Irfaan Ali, the leading candidate from the People’s Progressive Party/Civic (PPP/C) had won the country’s...
(Forbes, 1.Aug.2020) — Hess Corp. reported more good news from its joint development of Guyana’s Stabroek Block with ExxonMobil and CNOOC on Thursday. The company announced that recently-completed appraisal drilling...
(DPI, 31.Jul.2020) — The second payment for Guyana’s oil and gas royalties has been deposited in the Natural Resources Fund (NRF) – a total of $774,721,556.68 GY (US$3,698,152.63). Minister of...
(DPI, 31.Jul.2020) — A webinar focusing on African Cultural Teachings was hosted by the International Decade for People of African Descent Assembly – Guyana (IDPADA-G) last evening. Moderators, Shonetta Lowe...
(DPI, 31.Jul.2020) — Oil and gas industry analyst Wood Mackenzie in its recent report stated that compared to other countries with similar circumstances, Guyana’s Stabroek Block fiscal terms ranks well....
(The Motley Fool, 31.Jul.2020) — ExxonMobil earnings call for the period ending 30 June 2020. Contents: -- Prepared Remarks -- Questions and Answers -- Call Participants Prepared Remarks: Operator Good...
(Tullow, 29.Jul.2020) — Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June...
(Apache, 29.Jul.2020) — Apache Corporation (Nasdaq: APA) today announced its financial and operational results for the second-quarter 2020. Key Takeaways -- Announced major discovery at Kwaskwasi today, third consecutive discovery...
(Jamaica Observer, 26.Jul.2020) — Recent electoral events in Guyana and Suriname, which border each other on the north-eastern coast of the South American continent, display a remarkably different approach to...
(Oilprice.com, 22.Jul.2020) — After a series of major offshore oil discoveries since 2015, with the largest ever made earlier this year, the tiny South American country of Guyana has become...
(Forbes, 18.Jul.2020) — As I wrote earlier this month, the future of the nascent oil and gas industry in the South American nation of Guyana is standing on shaky ground...
(Ocean Infinity, 16.Jul.2020) — Ocean Infinity, a marine robotics company, successfully completed its recent project for ExxonMobil, within the Stabroek block offshore Guyana. The project involved acquiring high-resolution geophysical and...
(Rystad Energy, 15.Jul.2020) — The development of Guyana’s world-class deepwater oil resources in the Payara-Pacora project of its prolific Stabroek block, whose addition is set to add billions of dollars...
(Energy Analytics Institute, 15.Jul.2020) — The Liza Unity FPSO hull has arrived from China to the Keppel shipyard in Singapore where it will be fitted with 13 topside modules to...
(US Treasury, 15.Jul.2020) — On 2 March 2020 the Co-Operative Republic of Guyana held national elections, but it has still not declared a winner. All international observers of the vote...
(Argus, 13.Jul.2020) — Guyana's political stalemate is prolonging uncertainty over the future management of the South American country's fledgling oil sector, and raising the prospect of US sanctions. The declaration...
(OAS, 11.Jul.2020) — The Organization of American States (OAS) notes that the Chief Elections Officer of Guyana, in direct opposition to the instructions of the Chair of the Guyana Elections...
(Bloomberg, 10.Jul.2020) — Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its dedication to the offshore hot spot despite the oil price crash and a messy turn in...
(OAS, 10.Jul.2020) — In our most recent press statement, on 23 June 2020, the OAS encouraged the Guyana Elections Commission (GECOM) to move forward in concluding Guyana’s electoral process, based...
(Argus, 9.Jul.2020) — Changes are coming to the management and policy of Guyana's fledgling oil sector, after a regional court cleared the way for declaring a victory for the opposition...
(Stabroek News, 27.Jun.2020) — Allegations of mass vote fiddling in the former British colony of Guyana may lead to the country’s discredited government being ostracised unless a court hearing next...
(Stabroek News, 26.Jun.2020) — The Ministry of the Presidency this morning said that nineteen companies have been shortlisted for the marketing of Guyana’s oil from the Liza Destiny FPSO. A...
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being...
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being...
(Argus, 18.Jun.2020) — ExxonMobil has restored crude production offshore Guyana to 80,000 b/d after correcting a technical glitch, according to the head of the country's environmental agency EPA Vincent Adams....
(Argus, 18.Jun.2020) — ExxonMobil has restored crude production offshore Guyana to 80,000 b/d after correcting a technical glitch, according to the head of the country's environmental agency EPA Vincent Adams....
(GECOM, 16.Jun.2020) — After considerable deliberations at the Commission on the report submitted by Chief Election Officer(CEO), Mr. Keith Lowenfield on the National Recount of votes cast in the 2...
(The Carter Center, 16.Jun.2020) — The Carter Center commends the Guyana Elections Commission on the completion of the recount process and welcomes the Caricom report, which indicates that despite minor...
(Tudor Pickering, 16.Jun.2020) — Reports out last night that XOM was forced to reduce output at its Liza Phase 1 project in the Stabroek block offshore Guyana due to an...
(Argus, 9.Jun.2020) — Guyana's crude production has plunged by 65pc to 27,500 b/d from early May because of technical problems with compression equipment. "We do not know how long this...
(Argus, 8.Jun.2020) — Opposition parties pledging oil policy changes in Guyana and Suriname are close to taking power, but incumbents are signaling reluctance to step down. Guyana's opposition People's Progressive...
(Reuters, 8.Jun.2020) — Preliminary data published by Guyana’s elections commission shows that opposition candidate Irfaan Ali has won a recount of votes in March’s presidential election following accusations the tally...
(GINA, 7.Jun.2020) — The APNU+AFC Coalition today again expressed concerns over the state of affairs of Guyana Elections Commission (GECOM) and cautioned that the elections body cannot use any “fraudulent”...
(Stabroek News, 7.Jun.2020) — Production at Exxon-Mobil’s Liza-1 project in the Stabroek Block, offshore Guyana, has plummeted from 80,000 barrels per day (bpd) to now between 25,000 and 30,000 bpd...
(OAS, 4.Jun.2020) — The General Secretariat of the Organization of American States (OAS) is mindful that the recount of the votes cast in the March 2 General and Regional elections...
(Argus, 2.Jun.2020) — Guyana is preparing to launch a tender for a natural gas-to-power project anchored on the ExxonMobil-operated Stabroek block. The project would entail the installation of a 160km...
(Stabroek News, 28.May.2020) — As ExxonMobil yesterday continued to play up its Guyana investments at its virtual Annual Meeting of shareholders, global environmental and human rights organisation, the Center for...
(Stabroek News, 25.May.2020) — ExxonMobil’s flaring of over nine billion cubic feet of natural gas could have been avoided had a proposed gas-to-shore pipeline project been implemented but it was...
(Stabroek News, 23.May.2020) — Guyana has lifted its second one-million barrel cargo of crude oil entitlement from ongoing offshore production and the oil tanker Sonangol Namibe departed these shores yesterday...
(Petronas, 19.May.2020) — Petronas through its subsidiary, Petronas Suriname Exploration & Production B.V. (PSEPBV), has completed the farm-down of 50 per cent of its participating interest to ExxonMobil Exploration and...
(Argus, 15.May.2020) — Fledgling oil producer Guyana's political stalemate is dragging on amid slow progress in a closely watched recount of votes from a disputed 2 March parliamentary election. The...
(Miami Herald, 13.May.2020) — The discovery of oil off its Atlantic coast is poised to transform a largely underdeveloped Guyana from one of South America’s most polarized and poorest nations...
(Hess, 7.May.2020) — Hess Corporation reported a net loss of $2,433 million, or $8.00 per common share, in the first quarter of 2020, including impairment and other after-tax charges of $2,251...
(Oilprice.com, 7.May.2020) — Oil majors may be slashing spending and deferring development plans across the globe, but they remain committed to developing the newest offshore oil finds in the heart...
(Reuters, 4.May.2020) — Guyana has no plans to cut crude output despite a plunge in oil prices, the government’s top energy official said on Monday, adding that shutting down production...
(Argus, 4.May.2020) — The government of burgeoning Latin American oil producer Guyana received $4.9mn in its first oil and gas royalty payment from gross production to date, deposited on 28...
(DOE, 4.May.2020) — Good morning ladies and gentlemen I am coming to you at a very interesting time in our country’s history given the furore over our national and regional...
(World Politics Review, 28.Apr.2020) — Despite growing signs of a dramatic and global economic downturn stemming from the coronavirus pandemic, the small South American country of Guyana appears poised for...
(Stabroek News, 22.Apr.2020) — Thirty-four companies have submitted expressions of interests (EOIs) to market Guyana’s entitlement from the Exxon-operated Liza Destiny FPSO in the Stabroek Block, offshore Guyana. The companies...
(Reuters, 21.Apr.2020) — More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and Royal Dutch Shell, submitted expressions...
(Jamaica Gleaner, 17.Apr.2020) — Picture soaring sky-scrapers with glistening glass windows adorning cathedrals of steel that dominate the illuminated skyline. This image encapsulates the dreams of many developing countries which...
(Stabroek News, 14.Apr.2020) — Before we approve Payara and Hammer-head, let’s renegotiate the contract to include control of how much oil is being pumped given market conditions. Dear Editor, Many...
(Noble, 9.Apr.2020) — Noble Corporation plc announced that its report of drilling rig status and contract information has been updated as of 9 April 2020. The report, titled “Fleet Status...
(Argus, 7.Apr.2020) — ExxonMobil is deferring some longer-term offshore drilling in Guyana as a result of capital spending cuts, "creating a potential delay in production start-up of six to 12...
(NGI, 7.Apr.2020) — At current prices, Latin American oil reserves at risk of not being developed or pushed out into the future could amount to 16 billion barrels, according to...