The Export-Import Bank of the United States (EXIM) may consider final approval of a loan to Guyana, valued at approximately US$646 million. The loan is meant to support the Gas-to-Energy project, a landmark venture the Guyana government hopes will...
Guyana's Vice President Bharrat Jagdeo says a range of tougher penalties and sanctions will be introduced for persons caught smuggling large quantities of gold. This follows an expose by the United States, of gold smuggling, tax evasion and corruption...
Saipem and CNOOC are set to hold separate meetings with Guyanese businesses in June.
Saipem’s meeting is an information session for businesses to understand their contractual obligations. It is scheduled for June 20, at 10:00 am. Registration is active, with...
Oil is leaking from the Gulfstream barge that capsized off the coast of Tobago, authorities there announced on Wednesday. An emergency meeting confirmed reports of “large hydrocarbon deposits drifting away from the Gulfstream vessel near Cove,” a release from...
A looming glut in global oil supply could “upend” OPEC+ attempts to prop up prices by cutting production, according to the International Energy Agency (IEA).
The Paris-based IEA said Wednesday in a new report that growth in global oil production,...
Women in Energy Guyana is set to host the groundbreaking "Championing Women in the Energy Sector: Creating Pathways Guyana FORUM" this Saturday, June 15, 2024, from 9:00 am to 2:00 pm at the Arthur Chung Conference Centre in Georgetown....
Woodside Energy announced first oil production on June 11 at the Sangomar oilfield offshore Senegal. This is the first such project for the West African nation.
Officials are hailing the project as a godsend for the country. PETROSEN, Senegal's state...
Guyana’s Natural Resource Fund (NRF) received inflows of US$267 million (approximately GY$56 billion) from oil sales in May, the Bank of Guyana revealed.
The Guyana government expects US$2.08 billion in revenues from oil sales this year, with over US$974 million...
Guyana’s Ministry of Natural Resources expects the operationalization of the Gas-to-Energy project to facilitate a boost in value-added wood products.
The Gas-to-Energy project is a collaboration between Exxon and the government, to transport offshore natural gas to shore, primarily for...
Guyana said Venezuela made an excessive timeline suggestion in a meeting to determine the way forward on the countries’ border controversy case at the International Court of Justice (ICJ).
Agents of the two countries met on June 11 with Judge...
