News

Latest News impacting the Oil and Gas Industry in Guyana

GNBS Inspector Verifying Fuel Tanker Wagon Compartment (Photo creditDPI)
  • 11-Feb-2021
Revised MoU signed between GNBS and GEA to ensure…

(DPI) The Guyana National Bureau of Standards (GNBS) recently revised and fortified a memorandum of understanding (MOU) it signed with the Guyana Energy Agency (GEA) in 2014. The revised MOU,…

Vice-President, Bharrat Jagdeo
  • 10-Feb-2021
Energy costs could be reduced by 80%

— when gas-to-energy project comes on stream; four studies to be conducted (Guyana Chronicle) THE price paid by Guyana for kilowatt per hour of electricity could be reduced by about 80 per…

Greater Guyana Initiative
  • 09-Feb-2021
Exxon, partners to pump G$20B into local capacity-…

— funds to aid in sustainable economic development over the next 10 years…

Guyana
  • 09-Feb-2021
ExxonMobil, Stabroek co-venturers launch US$100 mi…

(OilNow) ExxonMobil, Hess and CNOOC Limited, co-venturers in offshore oil development in the Stabroek Block, on Tuesday announced the formation of the Greater Guyana Initiative, a 10-year…

Photo credit OilNow
  • 02-Feb-2021
Guyana pushing Sustainable Supply Chain Management…

(Oil Now) Guyana’s local content policy, which is currently being revised, will require oil industry operators to adopt Sustainable Supply Chain Management (SSCM) practices, and a planned Local…

Financial Analyst Mr. Joel Bhagwandin
  • 01-Feb-2021
Govt’s gas-to-shore project economically viable

– Financial Analyst (DPI) An analysis carried out by local Financial Analyst, Mr. Joel Bhagwandin, has found that the Government’s gas-to-shore project is financially viable. The…

Gas to Shore
  • 31-Jan-2021
A contextual Economic & Financial Analysis of…

Part 1 (Oil Now) Gas contained at the Liza Phase 1 Development can facilitate the production of 200 megawatts of power generation, enough to power the entire country and can be sustained for…

Minister of Natural Resources, Hon. Vickram Bharrat
  • 28-Jan-2021
Gas to energy project to transform Guyana’s landsc…

(DPI) Minister of Natural Resources, Hon. Vickram Bharrat has said the Government’s plans for the gas-to-shore project are advancing and the initiative would transform Guyana’s economic landscape…

Liza Destiny
  • 19-Jan-2021
Energy Chamber looking to play major role in Guyan…

(OilNow) The Guyana Oil and Gas Energy Chamber (GOGEC) says it plans to play a major role in the development of the country’s oil and gas sector and will be ramping up activities this year to…