Guyana Oil and Gas News

Leader of the Opposition Bharrat Jagdeo yesterday said the MoU for technical cooperation between Guyana and Trinidad and Tobago should be made public.

Dear Editor, How could we have billions of barrels of oil in 2018 and not be able to pay our teachers a living wage?

What now appears to be the certainty of an economically transformative oil and gas industry has significantly altered international perceptions of Guyana as a prospective haven for investment and underscored the Guyana Office for Investment’s (GO-Invest) enhanced role in facilitating that external investment interest, the agency has said.

Introduction The 2016 Petroleum Agreement has been a source of grief, anger, disbelief and shock to the average Guyanese whether living inside or outside Guyana.

Lamenting the delay in local content legislation that would give  businesses here first consideration in providing services and goods for the growing oil and gas industry, the Georgetown Chamber of Commerce and Industry (GCCI) has sent its own draft to the government.

Trinidad and Tobago’s Prime Minister Dr Keith Rowley is due in Guyana next Wednesday to sign a Memorandum of Understanding (MOU) for a technical co-operation agreement on oil and gas.

A second study into the feasibility of the construction of an oil refinery in Guyana should be done when more operators are working in the industry, President of the Georgetown Chamber of Commerce and Industry (GCCI) Deodat Indar says.

Trinidad Opposition Leader Kamla Persad Bissessar has raised the prospect of Guyana oil being used to rescue the beleaguered Petrotrin refinery but Prime Minister Keith Rowley last evening said the aged facility had no reasonable prospect.

(TRINIDAD NEWSDAY) Before the Prime Minister addresses the nation this evening and confirms Government’s decision to shut down the refinery of state-owned Petrotrin, the Opposition Leader is urging him to reconsider.

A long-delayed Memorandum of Understanding (MoU) between Guyana and Trinidad on energy cooperation is expected to be signed in the coming weeks, according to Trinidad and Tobago’s Minister of Energy, Franklin Khan.

Last Sunday, it was reported that a mother from Enmore on the East Coast had chased her three-year old son around the yard of their home and subsequently stabbed him several times.

I hope the Green Paper on the proposed Sovereign Wealth Fund (SWF) is a work in progress.

Introduction: “Oil for Cash” This week’s column addresses the development challenge posed by implementation lags.

Dear Editor, I have been reading in the news media about the audit of ExxonMobil’s US$460 million/$900 million pre-contract costs.

Dear Editor, The WPA attack on Jaipaul Sharma is unacceptable. The WPA is being petty and partisan.

ExxonMobil has made its ninth oil discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery in the Stabroek Block in the past year.

ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a “new play concept” for potential development, the company said today in a release.

The newly-established Department of Energy has appointed Australian Matthew Wilks, an oil and gas business developer and negotiator with 32 years of experience in the sector, as an adviser.

Matthew Wilks, an experienced senior oil and gas business developer and negotiator, has been appointed Oil and Gas Adviser in the Department of Energy within the Ministry of the Presidency.

(Trinidad Express) The Trinidad Government has decided to shut down the refinery of State oil company Petrotrin.