…says EIA procedures were not followed; insists study must be done (Kaieteur News) – The Government of Guyana has breached environmental law by proceeding with the Wales Gas-to-Energy (GTE) project without an Environmental Impact Assessment (EIA), former Environmental Protection Agency (EPA) Executive Director Dr. Vincent Adams has charged. While construction continues on Phase One, which...

—further testing needed to determine nature of issue ExxonMobil Guyana yesterday announced that it will undertake maintenance on a near-shore section of the Gas-to-Energy pipeline off Crane, West Coast Demerara, to address an unspecified finding identified during inspections earlier this year. The work is scheduled to begin on October 14 and continue until around December...

The Export–Import (EXIM) Bank of the United States yesterday committed to financial support for the 2nd 300 MW gas-to-energy (GtE) project in Berbice even as the first project it has been a major financier for struggles to meet deadlines and deliver power. In New York yesterday for the United Nations General Assembly, President Irfaan Ali...

…Govt. tightlipped on US$170M more requested …as company splurges on sponsorships for Energy Week, golf tournaments in Venezuela (Kaieteur News) – Lindsayca Guyana Inc., the Houston-based engineering firm tasked with developing Phase One of the Gas-to-Energy (GTE) project at Wales, West Bank Demerara is quickly running out of money to finance the completion of the...

(Kaieteur News) – The legal battle over ExxonMobil’s refusal to provide Guyana with an “unlimited” parent company guarantee for potential oil spills is heading to the Caribbean Court of Justice (CCJ), after the Guyana Court of Appeal granted leave for the matter to be appealed. The Court of Appeal on 14th July granted leave to...

…setback costs Guyana US$884M and counting (Kaieteur News) – Lindsayca Guyana Inc, the company that was initially awarded a US759M contract by the Government of Guyana (GoG) to deliver 300 megawatts (MW) of electricity by the end of 2024 has failed consistently to meet promised deadlines with the project now expected to deliver a fraction...

…as US$26.5B in bills still to be verified (Kaieteur News) – A pool of money so large that it triples the size of Guyana’s national debt has been pocketed by U.S. oil giant ExxonMobil for its investments in the Stabroek Block, but the country is yet to ensure that the company did not try to...

…as ExxonMobil recovered its full investment (Kaieteur News) – Leader of the Opposition, Azruddin Mohamed is pressing the Government of Guyana (GoG) on the US$55B in costs recovered by ExxonMobil which he says is likely to increase Guyana’s 12.5% profit share by at least three times. In a video statement, leader of the We Invest...

…urges opposition to press for answers (Kaieteur News) – Guyana is now entitled to a larger share of the resources being generated offshore but instead of government providing full disclosure on what the recovery of Exxon’s investments means for the nation, citizens continue to be left in the dark while the opposition appears caught up...

(Kaieteur News) – Drowning in financial losses when it was first awarded a US$759 million contract in Guyana to develop the nation’s first Gas-to-Energy (GTE) project, the company, Lindsayca Inc. has been shortlisted for two additional mega projects in the country. Lindsayca is currently struggling to complete the GTE project at Wales, West Bank Demerara...