Regulatory News

News and Resources impacting the regulation of the Oil and Gas Industry in Guyana

  • 15-Apr-2024
IHS Markit “Final” Audit Report for the Stabroek B…

Executive Summary IHS Markit (IHSM) has been engaged by the Government of Guyana (GoG) to independently audit the cost recovery claim submission by Esso Exploration and Production Limited (EEPGL)…

  • 12-Apr-2024
VHE’s “Initial” Audit Report for the Stabroek Bloc…

Introduction and Background On June 27, 2016, the Government of the Cooperative Republic of Guyana (GoG) entered into the Petroleum Agreement with Esso Exploration and Production Guyana Limited (…

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  • 20-Jun-2023
Draft Petroleum Activities Bill 2023

MEDIA RELEASE Gov’t releases draft Petroleum Activities Bill 2023 Kingston, Georgetown, Guyana (June 19, 2022) The Ministry of Natural Resources, on behalf of the Government of Guyana,…

Candacie Brower-Thompson, EPA’s Senior Environmental Officer, addressing members of the public at a scoping meeting on July 9 for Guyana’s proposed gas-to-energy project. (Photo Courtesy OilNow)
  • 16-Jul-2021
Retraction of 2020 guidelines will not affect EIAs…

(OilNow) As public scoping meetings continue in Guyana ahead of the Environmental Impact Assessment (EIA) for the US$900 million gas-to-energy project, some concerns have been raised about the…

  • 08-Jun-2021
Guyana looking to establish beneficial ownership r…

Guyana’s Minister of Natural Resources, Vickram Bharrat has revealed that the Government is moving to create a beneficial ownership register. This was disclosed during his address to Guyana…

A tag being placed on the Liza Destiny FPSO fuel meter by the Guyana National Bureau of Standards. The tag protects and maintains the integrity of the system.
  • 31-May-2021
Guyana regulators internationally trained to measu…

Guyana’s multi-billion-barrel hydrocarbon discoveries and the start of oil production operations have seen institutions playing being trained to monitor and regulate a sector that was practically…

Vice President, Hon. Dr. Bharrat Jagdeo
  • 22-May-2021
Exxon to pay US$1.3M for excess flaring –Vice Pr…

Vice President, Hon. Dr. Bharrat Jagdeo today said the Government expects to rake in about US$1.3 million in fees from ExxonMobil for excess flaring. This was revealed during a press…