GtE, renewables central to ‘Putting People First’ budget – PM
“We will have electricity from that project in the last quarter of 2026 – reliable and low-cost electricity,” he said. Phillips explained that cheaper, more stable power would enable heavy manufacturing, anchor the Wales development zone and attract both local and foreign investors, with wide-ranging benefits for the economy. “That will have a tremendous industrial and economic impact here in Guyana,” he said.
$10.7B budgeted to advance works on GtE project
The sum of $10.7 billion has been budgeted to advance works on the Gas-to-Energy (GtE) project at the Wales Industrial Zone, West Bank Demerara...
Guyana’s Natural Resource Fund balance stood at US$3.25B at end of 2025
Finance Minister Dr Ashni Singh reported that Guyana’s Natural Resource Fund (NRF) received US$2.4 billion in petroleum-related revenues during 2025, as oil production and...
Gas-to-Energy Project on track for year-end completion
Work on Guyana's landmark Gas-to-Energy (GTE) Project in Wales is steadily progressing, and it remains firmly on track for completion by the end of...
With Maduro’s capture, Venezuela’s aggression towards Guyana likely to be ‘put on hold’ –...
The recent capture of Venezuelan President Nicolás Maduro and his wife by U.S. forces may reduce sustained pressure on Guyana, according to Guyana’s Agent...
2nd gas-to-energy project to create a new wave of generational wealth – President Ali
As the Guyana Government continues to pursue an aggressive energy agenda, President Dr Irfaan Ali says that the second Gas-to-Energy (GtE) project that is...
Revised Local Content Act to include fixed returns for citizens
The Government is moving to revise the Local Content Act to include provisions that allow Guyanese citizens to earn guaranteed, fixed returns from investments...
US seizes 2nd vessel off Venezuelan coast – officials
(Reuters) - The United States is interdicting and seizing a vessel off the coast of Venezuela in international waters, three U.S. officials told Reuters...
GtE project to be ready in 2026, electricity costs to drop by 50% –...
Prime Minister Brigadier Retired Mark Phillips has assured that the Gas to Energy (GtE) project will be ready next year and will promptly deliver...
Oil and Gas Corner at national libraries to inspire new generations – Minister Singh
The introduction of an Oil and Gas Corner at the National Library locations across the country has the potential to inspire generations of Guyanese,...
































