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(Kaieteur News) – Guyana has an oil reserve of about 11.6B barrels according to estimates provided by the Government of Guyana (GoG). In just over six years since production activities commenced in December 2019, ExxonMobil, the operator of the Stabroek Block has already produced a staggering one billion barrels of those resources. This was revealed by […]
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(Kaieteur News) – Now that G Mining Ventures Corp. (GMIN) has finalised the US$2.2 billion acquisition of fellow Canadian firm G2 Goldfields Inc. (G2’s) gold project in Region Seven (Cuyuni-Mazaruni), the company is set to launch an integration programme to advance and integrate G2’s Oko-Ghanie project. The deal allows the companies to consolidate the two adjacent […]
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(Kaieteur News) – Residents of Corriverton, Corentyne, are reeling from shock after a 55-year-old fisherman reportedly died following an altercation with a 15-year-old on Wednesday night. Police in Region Six (East Berbice-Corentyne) have confirmed the death of Asmat Mohamed Hussain, of Lot 23 Dukestown, Corriverton, Corentyne, Berbice, and the arrest of the teen in connectio...
CNN – An oil spill from a stranded tanker off the coast of Oman now covers an estimated 500 square miles (1,300 square kilometers), the environmental organization Greenpeace told CNN, prompting fears that a major ecological disaster could be unfolding in the Arabian Sea. The spill has spread to mainland Oman, roughly 120 miles (200km) […]
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(Kaieteur News) – ExxonMobil and its partners have spent US$3.6B in Guyana to date of the US$55B the company has spent to develop the Stabroek Block resources. This was revealed by President of ExxonMobil Guyana Limited (EMGL), Alistair Routledge. He said, “Collectively the industry has spent over US$3.6B in local companies. These are significant numbers and […]
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