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CARICOM should consider deploying a military observation mission to Guyana – Prof. Kirton

In the midst of escalating tensions between Guyana and Venezuela, Professor Mark Kirton, an expert in International Relations, has emphasized the critical need for immediate regional and international support to safeguard Guyana's territorial integrity. Venezuela reinvigorated its claims to the...

Sensitization of citizens will ensure nation “continues to speak with one voice”  – Prof. Kirton 

The sensitization of citizens in Guyana will ensure the nation continues to speak with one voice on the ongoing Venezuela border controversy. So says international relations expert, Professor Raymond Mark Kirton.  “Perhaps the most important approach to be enhanced by...

Shell Egypt discovers gas reservoir in Mediterranean exploration campaign 

Shell Egypt announced the successful completion of drilling its initial well, Mina West, a win in its three-well exploration campaign in the North East El-Amriya block, situated in the Mediterranean Sea. The drilling operation uncovered a gas-bearing reservoir, Shell...

Bajan opposition leader slams Mottley over stance on Guyana-Venezuela controversy

The Democratic Labour Party (DLP) has sharply criticized Barbadian Prime Minister Mia Mottley's administration for its perceived lack of support towards Guyana amidst Venezuela's claim on the Essequibo region.  Dr. Ronnie Yearwood, leader of the DLP, condemned the Barbadian government's...

Guyana’s economic transformation: Addressing the digital skills gap

By Dr. Meredith Arnold McIntyre - OilNOW The Guyanese economy continues to grow very rapidly, driven by the booming oil sector and supported by the government’s modernization plans. GDP continues to expand at an unprecedented rate following growth of...

Stena DrillMax targeting Basher-1 in new Exxon campaign off Guyana coast

ExxonMobil has begun targeting the Basher-1 well in the Stabroek block, the company confirmed to OilNOW.  According to details provided by the Maritime Administration Department (MARAD), ExxonMobil has commenced drilling the Basher-1 well using the Stena DrillMax. Basher-1 represents one of...

Rowleys says dialogue ought to be response to “difficulties” in Guyana, Venezuela border controversy

Trinidad and Tobago Prime Minister, Dr. Keith Rowley believes that in the face of rising tensions surrounding the border controversy between Guyana and Venezuela, “dialogue” ought to be the response. He relayed this position on November 20 during a...

TotalEnergies exits Canadian oil sands

TotalEnergies announced on Nov. 20 that it has completed the sale of shares of TotalEnergies EP Canada Ltd. to Suncor. The sale comprises TotalEnergies’ participation in the Fort Hills oil sands asset in Alberta and associated midstream commitments. The consideration...

Guyana surpasses 100 million barrels of oil production in first nine months of 2023

For the period January to September 2023, ExxonMobil produced over 102 million barrels of crude offshore Guyana. Two floating production, storage and offloading (FPSO) vessels operating in the Liza field hit the milestone together - Liza Destiny produced nearly...

Regulator says impact studies not needed for eight solar farms earmarked for Guyana coast

Guyana’s Environmental Protection Agency (EPA), in a November 20 notice, announced that eight proposed solar farms, collectively expected to generate 33MWp, are exempt from the requirement of environmental impact assessments (EIA) in their environmental authorization processes. The farms will...

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Cheaper power alone won’t build Guyana’s manufacturing sector

Lower electricity costs could make Guyana a more competitive place to manufacture goods, but affordable power alone will not...