With Guyana’s Berbice region set for major development, President Irfaan Ali is adamant that plans for the proposed deepwater port there must forge ahead.
“You have to build that deep-water port, that is part of the plan,” the Head of...
The Government of Guyana has strongly objected to a map presented at a recent International Business Conference in Paramaribo, Suriname, which inaccurately depicted the New River Triangle as Surinamese territory. Guyana was represented at the conference by Virjanand Depoo,...
The Georgetown Chamber of Commerce and Industry (GCCI) has issued a strong condemnation of recent actions undermining Guyana’s territorial integrity, emphasizing that silence in the face of such threats is unacceptable.
The Chamber’s statement comes in response to publicized images...
Tankers taking off crude from ExxonMobil’s Stabroek Block went mostly to Europe in January.
According to Guyana’s Maritime Administration Department (MARAD), 20 lifts—each consisting approximately a million barrels— were taken off in January. Fifteen of them went to Europe, based...
With US$17.6 billion in crude exports projected for 2025, the Stabroek Block group could recover up to US$13.2 billion in expenses in 2025.
The group—ExxonMobil, Hess, and CNOOC—has committed more than US$54 billion to explore and develop the Stabroek Block...
The Suriname Guyana Chamber of Commerce (SGCC) said it was not party to a map showing Guyana’s New River Triangle as part of Suriname’s territory at a recent conference there.
“The image in question was not part of any SGCC...
Guyana’s Foreign Secretary Robert Persaud said every Guyanese, especially leaders, should know the limits of the country’s territory with conviction. The official’s comment follows reports that the New River Triangle was presented on a map as part of Suriname’s...
Suriname should learn from Africa’s missteps as it develops its offshore oil industry, not just its successes. Executive Chairman of the African Energy Chamber NJ Ayuk called on the South American country to avoid the pitfalls that have hindered...
The Guyana government has withdrawn US$3.195 billion (GY$666 billion) from the Natural Resource Fund (NRF) to date, the Bank of Guyana said in a report. This sum covers three years of spending – 2022 to 2024.
The government started spending...
Paramakatoi Secondary, Abram Zuil Secondary, and St. Rose’s High emerged as champions in the third annual Guyana-Monaco Mousetrap Car Grand Prix Competition. The event was hosted by SBM Offshore Guyana at the Cliff Anderson Sports Hall in Georgetown on...