Tag: Guyana

• Sunday, October 8th 2017 - 07:52 UTC

  Guyana en route to become a top oil producer in Latin America

  

  Exxon Mobil Corp. has discovered more oil on the Staborek block offshore Guyana, northeast South America, with the Turbot-1 well. ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. began drilling the Turbot-1 well on Aug. 14, 2017, and encountered a reservoir of 23 m of high-quality, oil-bearing sandstone in the primary objective.

• Wednesday, March 22nd 2017 - 12:01 UTC

  Guyana beats exploration/production record: oil extraction expected to begin 2019

  

  United States oil giant Exxon Mobil Corporation is moving full steam ahead with plans to transform Guyana, in the north of South America, into a major oil producer. In what industry experts call a rare occurrence in the industry, Exxon Mobil has asked the David Granger administration for a production license to start pumping oil from the country’s seabed, less than five years after it discovered major oil finds.

• Monday, September 12th 2016 - 10:19 UTC

  Guyana working to establish an onshore oil and gas facility to boost the incipient industry

  

  The Guyana government intends to establish an onshore oil and gas facility in the country as it seeks to fully optimize opportunities in petroleum exploration and production. The Ministry of Natural Resources, working in conjunction with the Ministries of Public Infrastructure and Business, says it believes that this facility is critical and said it is part of the raft of measures intended to ensure that Guyana keeps on the right trajectory in the development of the oil and gas industry.

• Monday, July 4th 2016 - 09:56 UTC

  Exxon-Mobil-Hess confirm that off Guyana coast oil discovery is largest in two years

  

  ExxonMobil and its partner Hess Corp. have announced that the major discovery off the coast of Guyana, in the north of South America and bordering with Venezuela, is a discovery that is much larger than previously expected.

• Wednesday, January 13th 2016 - 04:49 UTC

  Falklands' lawmaker in Guyana meets president Granger and talks self determination

  

  Falklands' lawmaker Ian Hansen currently visiting Guyana met with President David Granger to familiarize himself with local politics and secure Georgetown's views on the Islands' right to self determination.

• Thursday, November 5th 2015 - 07:02 UTC

  Mexico ready to purchase Guyana rice following Venezuela's refusal to renew exchange accord

  

  The Guyana government says Mexico has indicated a willingness to fast track an agreement to purchase paddy rice from the Caribbean country. A statement released by the Office of Prime Minister Moses Nagamootoo said that Mexico’s Agriculture Minister Jose Calzada has given the assurance that he would fast track arrangements to buy Guyana’s paddy.

• Monday, October 19th 2015 - 09:53 UTC

  Guyana beefs up reserves to protect country from Venezuela and Suriname

  

  Against the background of what he said were continued territorial threats from both Venezuela and Suriname, Guyana President David Granger has announced a Total National Defense Policy.

• Friday, October 9th 2015 - 07:05 UTC

  Guyana looks forward to Canadian support in territorial claims with Venezuela

  

  The government of Guyana will be looking forward to Canada’s support against the territorial claims by Venezuela even as it seeks to strengthen its ties and bilateral agreements with the state, through new Canadian High Commissioner to Guyana, Pierre Giroux.

• Friday, October 2nd 2015 - 05:20 UTC

  Caricom fully supports Guyana's 'territorial integrity' and insists the Caribbean is Zone of Peace

  

  Caribbean Community and Common Market (CARICOM) Foreign Ministers have welcomed Venezuela’s decision to receive a United Nations (UN) technical team which will provide recommendations to the UN Secretary-General on the way forward to a full and final solution to its territorial dispute with Guyana. And they say they fully support Guyana’s “territorial integrity”.

• Monday, September 28th 2015 - 10:15 UTC

  Guyana and Venezuela agree to restore ambassador and hold talks

  

  Following a tense meeting, the presidents of Venezuela and Guyana agreed Sunday to restore ambassadors and hold talks to resolve a long-running border dispute that flared up recently following the discovery of oil in disputed waters.