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The Inter-American Development Bank (IDB), one of Guyana’s key development partners, has praised local authorities for their unfailing commitment to devise a pragmatic and comprehensive plan for using oil resources to fuel a greener economy. In one of its loan...

Guyana is expecting more than 150 international and local companies to participate in the International Building Expo, set to take place July 22-24 at the National Stadium, Providence, East Bank Demerara. The expo will create an opportunity for local, regional,...

The Guyana Energy Agency (GEA), led by Dr. Mahender Sharma, embarked on a nationwide project in 2017 to help government buildings transition to solar power. That campaign evolved well into 2022, and according to Dr. Sharma, Guyana has been able...

By Dr. Justin Ram - OilNOW Guyana's gross domestic product (GDP) per capita is expected to increase from US$6,953 per capita in 2020 to US$15,153 per capita in 2023. Based on the available data, the country could become the world’s...

ExxonMobil, operator of the Stabroek Block offshore Guyana, has surpassed its work programme as outlined in the Production Sharing Agreement (PSA) it has with the South American county, by leaps and bounds. According to the provisions of the 2016 PSA, Article...

As Guyana and Trinidad and Tobago prepare to auction oil and gas blocks later this year, Geologist & Geophysicist Anthony Paul, an energy and strategy advisor in the region, cited several key factors to consider for greater exposure and...

The Georgetown Chamber of Commerce and Industry (GCCI) has officially brought to the Guyanese business community, an innovative platform that now makes it easier for its member companies and local business start-ups to connect with potential investors. The "Investment Portal"...

When it comes to developing the Caribbean’s natural resources – whether it be oil and gas, gold, diamond, or bauxite – Dominica’s Minister of Planning, Vince Henderson, believes this process should be controlled internally, devoid of influence from the...

Climate change is a complex global problem, and solutions will come from all sectors. But finance may just be the key to decarbonising the economy. The transition to green, clean energy in a net-zero carbon world would be an impossible feat without a way...

In light of the climate crisis and energy woes that plague the Caribbean, United States’ Vice President Kamala Harris on Thursday announced a plan to address those critical concerns. The United States’ primary mechanism for addressing energy security and the...