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Guyana Shore Base supporting government’s oil and gas training programmes

OilNOW -
The Guyana Shore Base Inc. (GYSBI) on Friday provided the Board of Industrial Training (BIT) with a financial contribution that will go towards the expansion and delivery of Technical and Vocational Education and Training (TVET). The cheque was received by the Minister of...
News

Guyana places LCDS 2030, food security agenda in COP27 spotlight

OilNOW -
As it continues participation at COP27 in Sharm el Sheikh, Egypt, Guyana’s representatives are seizing every opportunity to spotlight the importance of a just energy transition and creating effective food security systems. Specifically, Minister of Natural Resources, Vickram Bharrat, who represented...
Opinions

The Border Controversy: Diplomacy must continue to complement the ICJ Process

OilNOW -
By Dr. Riyad Insanally - OilNOW On November 17-22, 2022, the International Court of Justice (ICJ) will hear submissions from Guyana and Venezuela on the latter’s objections to Guyana’s case seeking to uphold the validity and binding nature of the...
News

Court ruling shows Guyana’s judicial system is free, fair and independent, says Ramps CEO

OilNOW -
Chief Executive Officer (CEO) of Ramps Logistics Guyana Inc., Shaun Rampersad says the company’s recent victory in the court regarding its local status, represents a triumph for the country’s oil investment market. The company is due to receive its Local...
News

Brazil’s pre-salt churns out 1.94M barrels in Q3, 73% of Petrobras’ total production

OilNOW -
Petrobras maintained a solid third-quarter performance with a total of 3.65 million oil-equivalent barrels (MMboe) produced. A whopping 73% of production came from Brazil’s massive pre-salt basin. The state-owned entity on Friday said that the 1.94 MMboe represented a 2.6%...
News

Banks need to ‘get up off their tush’ and tackle access to finance issues – GCCI Head

OilNOW -
The Georgetown Chamber of Commerce and Industry (GCCI) has been advocating for years that the steep learning curve Guyana’s businesses have had to adapt to, must be paired with greater access to finance. Recently, the President of the largest business...
News

Ramps Logistics wins judicial hearing for Guyana Local Content Certificate 

OilNOW -
Chief Justice Roxane George-Wiltshire S.C. ruled on Friday that the Minister of Natural Resources, Vickram Bharrat, and Director of the Local Content Secretariat, Dr. Martin Pertab, erred in their denial of a Local Content Certificate to Ramps Logistics Guyana...
News

Over 300 registered for City Chamber’s business forum set to open today

OilNOW -
Striking at the heart of issues impacting business in Guyana, the Georgetown Chamber of Commerce and Industry (GCCI)’s Business Development Forum opens today at 13:00 hrs, at the Pegasus Hotel Corporate Centre. President of the Georgetown Chamber of Commerce and...
News

Guyana is founding member of major forest and climate leaders’ partnership at COP27

OilNOW -
To increase recognition for the invaluable service of world forests, Guyana has seized a golden opportunity to be one of the founding members of the Forest Climate and Leaders’ Partnership (FCLP) which was launched at COP27 in Sharm el...
News

ExxonMobil Guyana has invested over GY$3 billion in youth, women development

OilNOW -
ExxonMobil Guyana has confirmed that its Corporate Social Responsibility (CSR) expenditure for the period 2015 to 2022 exceeds US$15 million (GUY$3 billion). Most of this investment has focused on transforming the lives of women and youth through comprehensive capacity-building...
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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...

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