Tag: Stabroek Block
Natural Resources Ministry clarifies position on First, Second Oil Audits
The Ministry of Natural Resources (MNR) notes a Stabroek News article titled "Still no word from gov't on $$ owed ... Read More
Guyana’s commitment to contract sanctity earns country over US$6 billion from oil
Guyana's oil wealth, concentrated in the Stabroek Block, has transformed the nation’s economic fortune, not only through direct revenues but ... Read More
Gov’t not conducting independent assessments on oil reserves
General Secretary of the People’s Progressive Party, Dr Bharrat Jagdeo has made it clear that the government does not currently ... Read More
Guyana empowered to ensure coverage of all oil spill costs beyond Exxon’s US$2B parent company guarantee – EPA Head
While an ExxonMobil-consortium in the Stabroek block has furnished Guyana with a US$2 billion parent company guarantee for oil spills, ... Read More
Govt approves Whiptail project adding capacity of 250,000 barrels per day
Guyana is on the brink of remarkable economic and social transformation, with the potential of billions of dollars in revenue ... Read More
Actions must judge Gov’t management of oil and gas industry – VP Jagdeo
When it comes to the management of Guyana’s oil and gas industry, it is essential to judge a government’s performance ... Read More
Gov’t welcomes new oil discovery at Lancetfish-2
The Ministry of Natural Resources (MNR) is pleased to announce that the Lancetfish-2 appraisal well in the Stabroek Block has ... Read More