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...
Liza Phase 1 producing 10% above design capacity – ExxonMobil Chairman
…reports $17.9B earnings in second-quarter 2022
United States oil major ExxonMobil has increased its production capacity offshore Guyana to more than 340,000 oil-equivalent barrels per...
Govt negotiating US$2B insurance policy with ExxonMobil – AG Nandlall
…says Opposition’s motion was “misconceived, flawed”
The Guyana Government is currently negotiating an insurance coverage of up to US$2 billion with ExxonMobil in the case...
Recent Articles
Corriverton fisherman murdered; 15-Y-O suspect arrested
A 15-year-old secondary school student is in police custody following the killing of a 55-year-old fisherman at Dukestown, Corriverton, on Wednesday night.
Dead is Asmat...
CDC distributes 300 sanitation hampers to Reg. 3 following koker breach
The Civil Defence Commission (CDC) this morning handed over 300 janitorial and sanitation hampers to the Regional Democratic Council (RDC) of Region 3 (Essequibo...
PSC, industry stakeholders to pursue lower prices for bottled water
See full statement from the Private Sector Commission:
The Private Sector Commission (PSC) and representatives of the bottled water industry have agreed to pursue a...
New Schoonord koker to be tendered within a month – Mustapha
Residents of Schoonord have seen drainage conditions return to normal following emergency intervention by the National Drainage and Irrigation Authority (NDIA) after a fishing...
CARICOM Education Ministers begin 2-day meeting in Guyana
The critical role education plays in moulding well-rounded Caribbean citizens, particularly in the rapidly changing global environment, was the common thread of remarks at...
Guyana recorded G$1.06 trillion in private investment over the past 6 years
Chief Investment Officer of the Guyana Office for Investment (GO-Invest), Dr Peter Ramsaroop, has stated that approximately 189 new, expansionary and mixed investment projects...
41 children with disabilities graduate as transition programme records early success
Some 41 learners with disabilities have graduated from the Transition Education Programme – an initiative aimed at helping special-needs children to prepare for secondary...
Dragon Fruit blossoms signal new farming opportunity for Guyana’s farmers – FAO
Nine months ago, growing dragon fruit was an unfamiliar idea for many farmers along the Linden–Soesdyke Highway. Today, rows of climbing cactus plants are...
Pensioner slapped with child rape charge, granted $1M bail
A 65-year-old pensioner of Johanna Cecilia, Essequibo Coast, has been charged with the rape of a child under 16 years. Krishn Mohan Persaud, also...
High winds damage 15 homes at Arau
The Civil Defence Commission (CDC) is coordinating a multi-sector response following reports of high winds that damaged several residential structures in Arau, Region Seven...
