…says Exxon choosing its own standards Kaieteur News – Environmental and Human Rights Activist, Danuta Radzik, has urged the Environmental Protection Agency (EPA) to hold off on granting Environmental Permits to ExxonMobil for more oil projects until the requisite systems are put in place to adequately monitor and regulate the industry. Radzik in a 16-page...

…says this critical in ensuring climate change objectives are met Kaieteur News – If Guyana is to achieve the climate change objectives it has set out, the country will need to ensure its Environmental Protection Agency (EPA) is strengthened to monitor the petroleum sector. This was one of the key points highlighted by Professor Anthony...

Kaieteur News – Environmentalist Simone Mangal-Joly, also known for her work promoting free and fair elections through citizens participation in elections observation, has written to the President of Guyana about a break down in democratic environmental governance in Guyana and the risks this poses to investors. In a letter dated February 12, she pointed out...

Kaieteur News – The People’s Progressive Party (PPP) government has made provision in its 2023 Budget to review the Field Development Plan (FDP) for the sixth project American oil giant, ExxonMobil plans to pursue in the Stabroek Block. Natural Resources Minister, Vickram Bharrat said last week that $100.7 million is allocated for the review of...

…after reporter flags “insulting” response given by Projects Manager Kaieteur News – As ExxonMobil Guyana continues consultations across the country to hear the public’s concerns on the sixth offshore oil project planned in the Stabroek Block, Kaieteur News was denied the opportunity to ask questions, after pointing out that an earlier response to a question...

– Hess tells shareholders not to worry, Stabroek Block contract & sweet crude will be shareholders’ saving grace Kaieteur News – ExxonMobil Corporation confirmed last month that its Uaru project in the Stabroek Block is projected to cost a whopping US$12.7B. The eye-popping estimate recently caught the attention of shareholders for Hess Corporation which is...

By Davina Bagot Kaieteur News – Esso Exploration and Production Guyana Limited (EEPGL), commonly referred to as ExxonMobil Guyana has selected its longtime partner and London-based consultant, Environmental Resources Management to conduct an Environmental Impact Assessment (EIA) for its sixth project in the Stabroek Block- the Whiptail development. The credibility of ERM came under scrutiny...

Kaieteur News – In the absence of a key provision in the Production Sharing Agreement (PSA) Guyana has with oil giant ExxonMobil, the company is allowed to deduct expenses from oil projects that are yet to commence operation. That clause – ‘ring fencing provision’ – serves as a shield and prevents burdensome expenses from being...

United States oil giant Hess Corporation on Wednesday announced that another oil find was recorded in the prolific Stabroek Block offshore Guyana. That “significant new oil discovery” was from the Fangtooth SE-1 well. Hess said approximately 200 feet of oil bearing sandstone reservoirs was found. It adds to the estimate of more than 11 billion...

Kaieteur News – Local oil and gas workers are disappointed and discouraged after a US multimillion dollar contract to provide subsea equipment for Guyana’s fifth oil project, Uaru, was awarded to a foreign-based company, despite having the capacity to build in country. The workers who spoke with this publication complained that while ever so often...