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Monthly Archives: November 2019

‘Job-creation, world-class education and health care’ among campaign promises of Guyana’s main opposition party...

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With what is being described as the ‘mother of all elections’ on the horizon, the main opposition party in the soon-to-be newest oil producing...

Brazil, China, UAE firms in second round of bids for Petrobras refineries

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(Reuters) - Brazil’s state-controlled oil company Petroleo Brasileiro SA (PETR4.SA) has selected four groups for the second round of bidding for four refineries up...

Adjustment in policies, enabling business environment for Guyanese necessary – fmr. Jamaican PM

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As Guyana swiftly approaches first oil, which is expected next month, former Prime Minister of Jamaica, Portia Simpson-Miller, is warning that certain adjustments need...

Guyana Shore Base is now a 24hr facility employing 94% locals

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Majority Guyanese-owned port company – Guyana Shore Base Inc. (GYSBI) has moved from operating on a 12-hour basis employing just a handful of Guyanese...

Brazil + OPEC forever? Hold off on those wedding invites says Rystad Energy

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At an October forum in Saudi Arabia, Brazil’s president Jair Bolsonaro suggested that he would like to see Brazil join OPEC. If such a...

Noble Don Taylor sails into Stabroek Block

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The drillship Noble Don Taylor has arrived offshore Guyana to begin a one-year contract for drill campaigns at the Stabroek Block, operated by US oil...

Texas oil explorers say predictions of growth contradict dire reality

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(Bloomberg) Texas wildcatters, after years eye-rolling at shale skeptics, are now saying global analysts are underestimating just how severe the industry’s slowdown is. What’s ticking...

TT gas shortage chipping away at country’s industrial base

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Trinidad and Tobago's industries regulator is warning that a natural gas shortage is slowly chipping away at the country's industrial base. James Lee, executive director...

Former Jamaica PM set to speak at dinner hosted by business chamber in Guyana

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  Former Prime Minister of Jamaica, Portia Simpson-Miller, will deliver the keynote address at the Georgetown Chamber of Commerce and Industry’s (GCCI) Annual Awards Presentation...

Wealth, education and infrastructure funds key to Guyana’s success as an oil producer –...

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Norway’s success as an oil producer has been based largely on the country’s push to diversify the economy and not use oil revenues to...