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ExxonMobil subsidiary searches for oil, gas near Guyana

2015-03-07 13:11:53| Energy - Topix.net

" A subsidiary of U.S.-based ExxonMobil Corp. has begun exploratory drilling for oil and gas off Guyana's coast in South America. The launch of the $300 million project comes amid heavy objection from Venezuela's government, which claims the area being explored belongs to it.

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ExxonMobil subsidiary searches for oil, gas near Guyana

2015-03-07 06:41:21| Oil & Gas - Topix.net

" A subsidiary of U.S.-based ExxonMobil Corp. has begun exploratory drilling for oil and gas off Guyana's coast in South America. The launch of the $300 million project comes amid heavy objection from Venezuela's government, which claims the area being explored belongs to it.

Tags: searches gas oil subsidiary

 
 

Guyana: Exxon to begin offshore drilling

2015-03-06 09:54:42| Chemicals - Topix.net

Exxon Mobil will start exploration drilling at the large Stabroek Block off the coast of Guyana on Friday, the government said, in a move that could inflame a long-running territorial row with neighbouring Venezuela. "They are doing the preparatory work, and actual drilling is expected to commence tomorrow morning," Guyana's Natural Resources Minister Robert Persaud told Reuters on Thursday.

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Guyana Receives $7.5 Million Loan to Improve Sugar Sector

2015-01-05 07:45:17| Sugar Industry News

The government of Guyana is receiving a $7.5 million loan from the Caribbean Development Bank to improve the country\'s sugar sector.

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Guyana grants $$B in concessions, but unable to track benefits

2014-07-30 19:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Kaieteur News: Billions of dollars in concessions have been granted over the last two decades, but there are very few mechanisms in place by the various agencies and ministries to gauge how the country has been benefitting. Keith Burrowes, Head of the Guyana Office for Investment (GO-Invest), the one-stop Government agency to help facilitate a smooth process for investors, admitted that the entity is guilty of failing to document and analyze the direct and indirect benefits. He assured that steps are now being...

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