Guyana's government next month plans to begin a search for an oil company o...
GEORGETOWN - Guyana’s government next month plans to begin a search for an oil company or trading firm to market its share of the South American country’s crude, the director of the Department of Energy, Mark Bynoe, said in an interview.
The government is entitled to a portion of the light, sweet crude that a consortium led by Exxon Mobil Corp began producing last month after making 15 discoveries in recent years. The finds are set to transform the economy of Guyana, an impoverished country of fewer than 800,000 people. “We don’t yet have the kind of back office support that is necessary,” he told Reuters on Wednesday afternoon in his office, lined with books on energy and development including historian Daniel Yergin’s “The Prize.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brexit brings jobs boost - for GermanyAbout two dozen British firms told German authorities in 2019 they plan to open ...
Read more »
Exclusive: Grab, Razer, AirAsia among firms exploring bids for Malaysia digital bank license - sourcesRide-hailing group Grab, gaming firm Razer, AirAsia, telecoms firm Axiata and le...
Read more »
See Jesse Eisenberg and Imogen Poots in 'Vivarium' Trailer (Exclusive)Exclusive: Jesse Eisenberg and Imogen Poots search for a dream home becomes a nightmare in Vivarium!
Read more »
Kirsten Vangsness Has a Lot of Criminal Minds Memories to ShareThe Final Season: Kirsten Vangsness Reveals Favorite Criminal Minds Behind-the-Scenes Memories
Read more »
1 person killed and 5 injured in downtown Seattle shootingAuthorities are searching for a gunman after one person was killed and several others were injured in a shooting in downtown Seattle, police and fire officials said Wednesday.
Read more »
European markets signal lower open on coronavirus fears and Trump's trade threatEuropean markets are expected to open lower Thursday amid increasing concerns over the spread of the coronavirus and worries over President Donald Trump's trade dispute with the EU.
Read more »