Govt leaning towards small refinery against bigger operations
– VP Jagdeo says negatives of large refineries outweigh benefits
With light, sweet crude oil produced offshore Guyana, the Government appears to be favouring the...
Govt ironing out fiscal terms before auctioning off remaining oil blocks – VP
The Guyana Government has now shifted the auctioning of the remaining oil blocks offshore to yearend, in order to facilitate the determination and completion...
Private sector, Natural Resources Ministry discuss unbundling of contracts, shorter payment time
See below for a joint statement from the PSC and Natural Resources Ministry on a recent meeting held:
A team from the Private Sector Commission...
EPA still in negotiation phase with Exxon on US$2B liability coverage – EPA Head
says agency awaiting further information
The Environmental Protection Agency (EPA) is still in the process of determining the level of liability coverage that ExxonMobil through...
Gas-to-energy project will provide foundation for renewable energy – Exxon Guyana President
…will allow more investments in renewables
The gas-to-energy project, which is being financed by oil giant ExxonMobil, is a transformative venture that according to Esso...
US$200M oil refinery proposed for EBD to employ 300 persons
…750 persons to be employed during construction – American investor
A US$200 million oil refinery and integrated petrochemical manufacturing complex, which will employ 750 persons...
There is great potential for more oil finds outside of Stabroek Block – expert
…will attract global interest when Govt goes out to auction
While the Stabroek Block, which is responsible for 33 out of the 38 oil finds...
Tullow hits water-bearing well offshore Guyana
London-based Tullow Oil has hit water in the Beebei-Potaro exploration well, drilled in the Kanuku Block offshore Guyana.
In a statement issued on Friday, Tullow...
Guyana’s Stabroek block one of the most prolific of all time – Rystad Energy’s...
The Stabroek Block offshore Guyana is being referred to by one expert as one of the most successful exploration blocks of all time, with...
GCCI expresses concern over contract bundling practices in Guyana’s petroleum sector
Please see full statement issued by GGCI:
The Georgetown Chamber of Commerce & Industry (GCCI) has taken note of recurrent contract bundling practices within Guyana’s...
Recent Articles
US Exim Bank President to visit Guyana on GtE project
See statement from the US Embassy in Georgetown:
Export-Import Bank of the United States (EXIM) President and Chair Reta Jo Lewis will visit Georgetown, Guyana...
Guyana expresses grave concern over Maduro’s announcement of ‘Governor of Guayana Esequiba’ election
See full statement from the Ministry of Foreign Affairs and International Cooperation:
The Ministry of Foreign Affairs of the Co-operative Republic of Guyana wishes to...
All joint services rank at lowest level to receive $130,000 basic salary – Pres....
President Dr Mohamed Irfaan Ali announced that all joint services rank at the lowest level will receive a basic salary of $130,000.
The objective is...
$31.7M in restitution for workers recovered by Labour Ministry in 2024
As the Ministry of Labour continues to intervene in workers’ grievances with their employers to bring about amicable solutions, some $31.7 million in restitution...
$46M maternity waiting home commissioned in Mabaruma
Minister of Health Dr Frank Anthony, yesterday commissioned a 14-bed maternity waiting home in Mabaruma, Region One (Barima-Waini).
This $46M investment is the second of...
Guygas rejects claims that its regulator heads are faulty
See statement from Director of Guygas Inc. Siri Persaud:
Guygas extends best wishes for a complete recovery to the families affected by the recent spate...
Onderneeming residents decry deplorable state of main access road
Residents of Onderneeming Sandpit in Region Two (Pomeroon-Supenaam) are decrying the deplorable condition of the main access road and called on the authorities to...
High Court finds CAL pilots, NTHS staff responsible for 2016 collision
By: LaWanda McAllister
The High Court of Guyana has ruled that the pilots of Caribbean Airlines (CAL) and the ground handling staff are responsible for...
COVID-19 cases still being recorded in Guyana – Health Minister
Some four years after the COVID-19 Pandemic shook the world including Guyana, some cases are still being recorded among the Guyanese population, according to...
GECOM awaits official date for E-DAY to formally begin preparations – CEO
By: Trichell Sobers
As the 2025 General and Regional Elections in Guyana looms, formal preparations remain on hold, with the Guyana Elections Commission (GECOM) awaiting...