Guyana Withdraws Another $250M USD From the NRF in Q1, 2024
In yet another fiscal move, the Government of Guyana has made a significant withdrawal from its Natural Resource Fund (NRF), a press release from the Ministry of Finance has revealed.…
ExxonMobil and Chevron are fighting over Guyana’s lucrative Stabroek oil block
Not since the 1996 “cola wars” when Coca-Cola secretly purchased Pepsi’s operations in Venezuela from the Cisneros Group have we had U.S. global corporate majors competing head to head in…
Small Business Bureau’s help desk to be established in Regions Five, Six
Residents of Regions Five and Six are expected to soon benefit from services being offered through the Ministry of Tourism, Industry and Commerce’s Small Business Bureau (SBB). A help desk…
Billions of dollars in contracts signed for 32 bridges, several hinterland roads
The Ministry of Public Works this morning, signed a number of contracts for the construction and upgrade of roads and bridges in the hinterland regions, and communities along the coast.…
ExxonMobil’s offshore oil project in Guyana has been approved
An ExxonMobil spokesman confirmed on Friday that the company’s offshore oil project “yellowtail” in Guyana has been approved by the local environmental protection bureau for construction and operation. In recent…
Oil sector played great part in positive economic growth – Minister Bharrat
by Mikaila Prince As Guyana records a 14.5 per cent growth rate in real Gross Domestic Product (GDP) in the first six months of 2021, the country’s Minister of Natural…
As Guyana finds more oil reserves, it wants border dispute with Venezuela settled
by Jacqueline Charles Miami Herald (TNS) Republish from Leadertelegram.com Venezuelan leader Nicolás Maduro and opposition leader Juan Guaidó don’t agree on much. But last month, the two adversaries did find…
Guyana FTI – Arthur Deakin – Guyana and Suriname and The Role of Emerging Oil Markets in a Path to Net Zero Carbon Emissions
By Arthur Deakin This year, the world has become increasingly aware of a global energy shortage as well as the irreversible damages of climate change. Throughout Europe, gas prices have…
Guyana set to issue 700MHz licences to E-Networks, GTT & Digicel
The Telecommunications Agency of Guyana has confirmed plans to issue three 700MHz spectrum licences this month. As reported by Guyana’s Official Gazette, GTT (Guyana Telephone and Telegraph Company) will receive…
Guyana should learn from Brazil’s shortfalls in its local content policy
By Arthur Deakin is co-director of AMI’s energy practice, where he oversees projects in solar, wind, biomass and hydrogen power, as well as energy storage, oil & gas and electric…