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Guyana eyeing first sale of carbon credits to commercial airlines

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Guyana has commenced engagement with commercial airlines to secure a market within the Aviation sector for its certified carbon units. The South American nation historically became the first country to receive CORSIA (carbon offsetting and reduction scheme for international...
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“In the face of bullies and tyrants, U.S. will always stand with Guyana” – Ambassador 

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As celebrations rang in for the U.S. 48th independence anniversary, its steadfast support for Guyana was reaffirmed by Ambassador Nicole D. Theriot.  “In the face of bullies and tyrants, the United States will always stand with Guyana,” she said. “We...
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Companies risk losing Local Content certification for not hiring, training Guyanese

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The Ministry of Natural Resources has issued a stern reminder to Contractors, Subcontractors, and Licensees in the oil and gas sector about their obligations under the Local Content Act. Companies failing to prioritize hiring and training qualified Guyanese nationals...
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Guyana might have to abandon talks with some oil block awardees – Jagdeo

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Some of the groups Guyana identified as awardees after the country’s first offshore auction, may not end up receiving the blocks.  Guyana Vice President Bharrat Jagdeo said they “have difficulties finding the right partners and raising the fees.” The government...
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Gas development is now a priority for Exxon – Guyana Vice President 

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Guyana's Vice President Bharrat Jagdeo said ExxonMobil has communicated to the government its prioritization of gas development. “Exxon has said, ‘we have moved this up to a priority now.’ We now have a company that is interested in moving it...
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Caribbean Court third in a row to quash activist lawsuit against Stabroek Block permit 

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The Caribbean Court of Justice (CCJ) dismissed an appeal filed by Guyanese citizen Ramon Gaskin challenging a local judgment that determined the Stabroek Block partners did not require separate licenses to operate offshore.  Gaskin’s initial application sought to quash the...
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Young says TT not concerned with outcome of U.S., Venezuela elections, gas deals secure 

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Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young is confident the country’s gas deals are secure no matter the outcome of elections in Venezuela and the U.S.  Concerns were raised in TT’s parliament on the uncertainty of...
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“CGX will not play the government” – says Guyana VP

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In his strongest rebuke yet, Guyana's Vice President, Bharrat Jagdeo has expressed strong distaste with CGX Energy's handling of their contractual obligations for the Corentyne Block. “Let me make it clear, CGX will not play the Government of Guyana” was...
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Guyana authorities affirm full transparency as plans progress on landmark gas development

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The Guyana government has reaffirmed its commitment to full transparency as plans advance on a landmark gas development project.  “The Government of Guyana has every intention of advancing, in the most transparent manner possible, the development of the infrastructure needed...
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CGX announces bid to hold on to Corentyne Block

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CGX Energy and Frontera Energy have announced a bid to hold on to the Corentyne Block, just days before a deadline that could see them relinquish the acreage if government approval is not secured. “The Joint Venture has submitted a...
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Noble targets more Guyanese for offshore careers with 2026 Cadet Scholarship launch

Noble Corporation has officially launched the 2026 cycle of its Cadet Scholarship Program, expanding its efforts to train more...

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