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WiredJa Online News

GUYANA | ExxonMobil discovers oil offshore Guyana at Mako-1 well

IRVING, Texas December 23, 2019 – ExxonMobil said today it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.
  • Published in Energy

GUYANA | ExxonMobil begins oil production in Guyana

IRVING, Texas December 20, 2019 -  ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments.
  • Published in Energy

GUYANA | Bank of Guyana now responsible for sovereign wealth fund

GEORGETOWN,  Guyana, December 12, 2019 - Guyana’s central bank, the Bank of Guyana, on Wednesday formally took over responsibility for managing the Natural Resources Fund also known as the sovereign wealth fund (SWF), even as Guyana awaits word from the Federal Reserve Bank of New York (or the New York Fed) on due diligence where the monies will be deposited.

GUYANA | Jagdeo woos overseas Guyanese to return home to vote

TORONTO, Canada, November 3, 2019 - Opposition Leader Bharrat Jagdeo is encouraging overseas-based Guyanese to return home and vote in next March’s general elections, even as his party vigorously resists the planned removal of names from the voters’ list because the Guyana Elections Commission (GECOM) cannot locate those persons.
  • Published in Politics
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