Guyana Oil and Gas News

All the latest news and commentary on the new Guyana Oil and Gas sector. Topics include exploration, drilling, policy, impact and more.

GRA gearing up for oil sector scrutiny

-key training to start soon

Acknowledging that the Guyana Revenue Authority (GRA) lacks the technical expertise to deal with audits in the petroleum sector, Commissioner-General  Godfrey Statia is moving ahead with plans to train his current staff even as he looks to the diaspora and other support in establishing a specialised unit within the GRA.

Tullow Oil deals signed by disgraced Peru ex-president under fire

LIMA,  (Reuters) – Pedro Pablo Kuczynski’s critics call it his last act. Hours before the former Wall Street banker resigned Peru’s presidency in scandal last month, Kuczynski signed five oil contracts granting London-based Tullow Oil exploration and drilling rights off Peru’s northern coast.

Oil spills, gooseberries among topics at science fair

-winner to be announced today

The 14th national biennial science fair continued yesterday with judges examining entries from schools all across the country ranging from a recycling bin that distributes rewards to the multi-purpose use of the tangy gooseberry fruit.

Exxon cites new oil leads here

-says acreage equates to 2,000 Gulf of Mexico lease blocks

With seven major discoveries since 2015 and boasting deep-water seismic technologies ahead of their competitors, ExxonMobil has announced that it has identified new oil leads here and will continue to pursue them throughout this year.

SOL launches motor oil made from natural gas

SOL Guyana Inc on March 27th launched Shell’s new motor oil formulation – the fully synthetic Helix Ultra range of premium lubricants manufactured from natural gas with patented Shell PurePlus Technology.