Oil Discoveries

Gov’t must update total offshore oil reserve figures

News EditorFebruary 24, 2024February 28, 202409 mins

Imagine if you didn’t know the amount of money in your family’s primary bank account for the past two years. Would you borrow money at exorbitant interest rates when you didn’t need to? Would you skip on meals for your family because you thought you didn’t have enough money? It is coming up on two…

One has to wonder what other anomalies a forensic audit of oil production capital costs might not uncover

News EditorDecember 2, 2023December 6, 202308 mins

The pace of discovery in the Stabroek Block has been astounding. There have been 32 major discoveries to date. There are currently 3 projects in production: Liza Phase 1, Liza Phase 2 and Payara. The current daily output is 620,000 barrels of oil. There are 2 additional projects approved for production: Yellowtail and Uaru. Plus,…

Upcoming: Oil Talk with OGGN on KN watch at https://www.facebook.com/kaieteur.radio

GPL will be paying up to US$50m to Qatari contractor for power ship that will sail off in two years

Government should take over Hess’ share

Gov’t’s proposed oil spill legislation is a pathetic betrayal of Guyana, taking precedence over Justice Kissoon’s decision to the satisfaction of Exxon

No other current issue of greater import I can think of other than Jagdeo’s attack on the country’s judiciary and the troubling silence emanating since

Oil Talk with OGGN Guyana Episode #25: Our oil keeps the world moving but we can’t keep our lights on

Gov’t must update total offshore oil reserve figures

One has to wonder what other anomalies a forensic audit of oil production capital costs might not uncover