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Guyana’s new Department of Energy (DOE) is stepping up its operations and has placed two key items at the top of its priority list.  Head of the Department, Dr Mark Bynoe said in the short-term focus will be placed...

Guyana’s President, David Granger has called on the country’s private sector to avoid the dangers of insularity, while pointing out that his government intends to continue pursuing regional economic cooperation. Referring to the private sector’s pivotal role in fostering economic...

The Oil and Gas Climate Initiative (OGCI) today announced three new member companies that together represent 5% of global oil and gas production as it welcomed Chevron Corporation, Exxon Mobil Corporation, and Occidental Petroleum. The three new companies will...

Trinidad and Tobago Prime Minister Dr Keith Rowley told reporters in Guyana on Wednesday that the twin island republic has been a good friend to the South American country over the years even choosing to write off billions of...

Guyana’s Finance Minister, Winston Jordan has sealed an agreement that would see the country receiving US$20M from the Islamic Development Bank (IsDB) for a Utility Upgrade Programme for the Guyana Power and Light Inc (GPL). Mr. Jordan signed the loan in Kuwait on...

MEMORANDUM OF UNDERSTANDING ON ENERGY SECTOR COOPERATION BETWEEN THE CO-OPERATIVE REPUBLIC OF GUYANA AND THE REPUBLIC OF TRINIDAD AND TOBAGO The Co-operative Republic of Guyana and the Republic of Trinidad and Tobago (hereinafter referred to individually as “the Party” and collectively as “the Parties”); CONSIDERING the commitment of both...

Prime Minister of Trinidad and Tobago Dr Keith Rowley has expressed disappointment with sections of the Guyanese business community for expressing concerns of a potential Trinidadian takeover of the oil and gas industry in the South American country. The PM...

The unprecedented number of oil discoveries being made off the coast of Guyana by US oil major ExxonMobil in partnership with Hess and CNOOC are revealing mega reserves that will become a major focal point for the Stabroek Block...

Following a groundswell of public pronouncements and speculation over an announced visit to Guyana by Trinidad and Tobago (TT) Prime Minister Dr. Keith Rowley for the signing of a Memorandum of Understanding on energy cooperation, the TT entourage will...

Guyana’s Minister of Finance, Winston Jordan, is making it clear that the role of the Sovereign Wealth Fund is not to outline what oil revenues will be spent on, but rather, to serve as a mechanism to ensure monies...