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Pradeepa Bholanath, Guyana’s Lead Climate Negotiator, said the new Development Bank could become a launchpad for innovation, helping entrepreneurs test new ideas and build industries linked to the country’s Low Carbon Development Strategy (LCDS) and rapidly expanding economy. Speaking during...

Guyana has reduced the time needed to respond to a potential offshore well blowout by as much as five days through the in-country placement of a capping stack, a critical piece of emergency response equipment used to contain uncontrolled...

The Guyana-Venezuela Border Controversy is now in one of its most consequential phases before the International Court of Justice, with the written pleadings completed and the case expected to move through final oral hearings before the Court begins deliberations...

Venezuela’s efforts to restructure more than US$150 billion in sovereign and oil company debt could improve investor confidence in its energy sector, but obligations to China may complicate any final agreement, according to experts interviewed by S&P Global. The June...

Senior Minister in the Office of the President with responsibility for Finance Dr. Ashni Singh has said the proposed Junior Stock Exchange could give Guyanese businesses another route to raise capital, but only if they can prove investors’ money...

Halliburton Guyana Inc. is seeking suppliers to provide materials and spare parts for its fleet of Kenworth trucks and trailers, creating another procurement opportunity for local businesses supporting Guyana’s growing oil and gas sector. The opportunity was published on June...

Guyana’s rapidly expanding offshore oil and gas industry is creating growing demand for maritime professionals, making careers in the sector increasingly important to the country’s economic future, according to SBM Offshore Guyana Country Manager Martin Cheong. Addressing students and job...

Guyana will update its National Oil Spill Contingency Plan and expand multi-hazard early warning systems this year as the country strengthens its disaster preparedness framework to support the expanding oil, gas, and energy sectors. According to Prime Minister Mark Phillips,...

Senior Minister in the Office of the President with responsibility for Finance Dr. Ashni Singh has urged Guyanese entrepreneurs to invest in areas where they have proven skills, experience, and a clear business case, warning that opportunity alone is...

Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith has warned local entrepreneurs that Guyana’s new Development Bank will not be a source of easy money, even as it is expected to open wider access to financing for...