Press Conference
- 29-Apr-2021
Open bidding process for the awarding of new oil b…
– Says Government may consider managing some blocks His Excellency Dr Irfaan Ali said that when the Government is ready to award new oil blocks, the process will be done transparently to…
- 29-Apr-2021
Government will fully support locals to become com…
– Recommits to increasing capacity through training, certification His Excellency Dr Irfaan Ali, yesterday, reiterated that the Government will continue to invest in citizens and local…
- 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…
- 09-Feb-2021
Launch of the Greater Guyana Initiative
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 commitment of more…
- 09-Feb-2021
Capacity being built to monitor and verify reports…
Guyana’s Vice President, Dr. Bharrat Jagdeo reiterated yesterday that the government has every intention of ensuring the oil sector is not only led by locals but properly monitored as he noted…
- 08-Sep-2020
Different terms for other blocks – Guyana Vice Pre…
Speaking at a press conference on Monday, Guyana’s Vice President, Bharrat Jagdeo, reaffirmed the government’s position on the Stabroek Block Production Sharing Agreement (PSA), noting that…
- 08-Sep-2020
Statement by the Minister of Natural Resources Hon…
Greetings All, Fellow Guyanese, as Minister of Natural Resources with responsibility for the Petroleum Sector, it gives me great pleasure to announce Guyana’s 18th Offshore Oil Discovery at the…
- 21-Aug-2020
Govt putting Guyanese first with new oil and gas l…
(DPI) The People’s Progressive Party Civic (PPP/C) Government will be moving ahead with legislations in the 12th Parliament that will see Guyanese benefitting holistically from the oil and gas…
- 21-Aug-2020
Legislation to prevent non-disclosure of oil rev…
(DPI) The PPP/C Government is putting in place measures that will ensure all monies garnered from Guyana’s oil and gas sector will be channelled towards its intended purposes and will not be…