Tag: petroleum
Legislation, regulatory measures to strengthen oil and gas industry
The government’s upcoming parliamentary agenda will include legislative and regulatory measures aligned with its broader plans for the oil and ... Read More
Oil spill bill vital for the protection of our ecosystem – PM Phillips
-as new legislation passed in the National Assembly Championing the newest piece of legislation regulating the operations of oil extraction, ... Read More
Citizens urged to exercise caution when transporting petroleum products
Citizens are being urged to exercise greater caution while transporting petroleum products across the country. The appeal comes in light ... Read More
House greenlights Petroleum Activities 2023 Bill
Guyana is expected to benefit from improved management of the petroleum sector as the Petroleum Activities Bill was read for ... Read More
Oil and Gas PSAs reflect gov’t’s commitment to environmental conservation
The draft models of the government’s Production Sharing Agreements (PSAs) for Petroleum Exploration, Development and Production are yet another example ... Read More
Fourth notification made to Parliament of petroleum revenues paid into the NRF
-as Government continues to demonstrate its commitment to the principles of transparency, accountability in management of Guyana’s oil resources Senior ... Read More
Guyana petroleum resources continue to increase with two new oil discoveries
Government on Wednesday said it welcomes the announcement of two additional oil discoveries by ExxonMobil, at Sailfin-1 and Yarrow-1 Offshore ... Read More
64.6 per cent estimated growth in mining and quarrying sector
─ 2022 Mid-year report The mining and quarrying sector has an estimated growth of 64.6 per cent due to increase ... Read More
Local content policy to have realistic targets for oil companies
Minister of Natural Resources, Vickram Bharrat MP has said Guyana’s local content policy will set realistic targets for oil companies, ... Read More
Min. Bharrat hopeful for more oil finds outside of Stabroek block
Minister of Natural Resources, Vickram Bharrat MP said he is hopeful that ongoing oil exploration will yield significant commercial hydrocarbon ... Read More