Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Failure to reach mutually acceptable terms nixed deal with top bidder for new Demerara bridge – gov’t maintains

While seeking to dispel suspicions raised by the opposition Alliance For Change (AFC) over the decision to terminate negotiations with the China State Construction Engineering Corporation (CSCEC) for the construction of the new Demerara River bridge, the government on Saturday disclosed that the talks lasted almost a month but no agreement could be reached.

The Liza Unity FPSO

Exxon’s second platform begins pumping oil

ExxonMobil’s second platform in the offshore Stabroek Block yesterday began producing oil with the expectation of reaching full capacity of 220,000 barrels per day by the end of the year and intense scrutiny of its gas flaring.

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