ExxonMobil announces eighth oil discovery – Turbot, Longtail reserves estimated at over 500m Barrels
DPI, Guyana, Wednesday, June 20, 2018 In what is becoming an extraordinary success rate ExxonMobil announced this morning it has struck oil again this time at the Longtail-1 exploration well. This discovery will along with the Turbot find raise reserves by over 500 million barrels and in a press release…
inistry of Natural Resources (MNR) as it is known was established on December 17, 2011 as the Ministry of Natural Resources and the Environment (MNRE) with a primary focus of harmonizing policy and management in the Natural resources-based sectors. However, following the appointment of the new Government in May 2015, the institutional structure of the MNRE changed and it became a Department of Natural Resources and Environment under the purview of the Ministry of Presidency. A second change occurred on January 18, 2016 which saw the Department of Natural Resources and the Environment transformed to into the Ministry of Natural Resources.