News

DOF Group honored with 2023 ExxonMobil Ruby Supplier Award for works in Guyana, Equatorial Guinea 

DOF Group secured an accolade as one of ExxonMobil's distinguished 2023 Ruby award recipients. The evaluation criteria for nominees encompassed facets such as on-time delivery, safety protocols, responsiveness, service excellence, innovation prowess, and dedication to sustainability. Ruby award winners...

Five soldiers dead, two survive in helicopter crash near border

Five out of seven Guyana Defence Force (GDF) soldiers aboard the Bell 402 Army helicopter, which crashed, have been confirmed dead. The deceased include prominent military figures: Lieutenant Colonels Michael Charles and Michael Shahoud, Retired Brigadier Gary Beaton, Lieutenant...

Oil companies should “pay no regard” to Maduro’s ultimatum – Jagdeo

Guyana’s Vice President, Bharrat Jagdeo has urged oil companies operating in the country’s exclusive economic zone (EEZ) to ignore the recent statements by Venezuelan President Nicolas Maduro ordering them to vacate.  “I want to say to the oil companies that...

UK says Venezuela’s actions unjustified, reaffirms border matter was settled

The United Kingdom (UK) has expressed concern about Venezuela’s recent aggressive actions towards Guyana deeming it “unjustified.”  In a statement on X (formerly Twitter), its Foreign, Commonwealth and Development office said,  “We believe this is unjustified and should cease.”  The UK...

Border controversy: China stays neutral but says it respects boundaries

Amid growing concerns about Venezuela’s growing aggression towards Guyana, questions arose regarding China's stance on supporting Maduro's claim and the fear of a potential invasion. In response to these queries, Foreign Ministry Spokesperson Wang Wenbin emphasized China's impartial stance, reiterating...

U.S. Southern Command set to conduct flight operations with Guyana Defence Force

The U.S. Southern Command (USSOUTHCOM) is set to conduct flight operations in Guyana, in collaboration with the Guyana Defence Force. The operations will take place on Thursday, December 7, 2023. “This exercise builds upon routine engagement and operations to enhance...

Inciting armed confrontation with Guyana will be catastrophic for Venezuela, says National Assembly Deputy

The deputy of the National Assembly in Venezuela, Luis Eduardo Martínez, says he has stated time and again that as far as the Bolivarian Republic is concerned, “nothing is more important than preserving the peace” warning that it would...

STATEMENT: Opposition condemns Venezuela’s ‘Guayana Esequiba’ defence zone as reckless aggression

See below full statement issued by the Parliamentary Opposition of Guyana: The Parliamentary Opposition totally rejects the action taken by the Bolivarian Republic of Venezuela to create an entity, the “integral defence zone” called “Guayana Esequiba.” This development is not...

Blinken says Guyana-Venezuela land boundary must be respected

Secretary of State Antony J. Blinken on Wednesday reiterated the United States’ call for a peaceful resolution to the Guyana-Venezuela border controversy and for all parties to respect the 1899 arbitral award determining the land boundary between the two...

IMF predicts Guyana oil fund to hit US$11 billion by 2028  

The International Monetary Fund (IMF) has released its latest report on Guyana's economic outlook, projecting the country's oil revenues to soar to a staggering US$11 billion (GY$2.3 trillion) by 2028. This estimate is derived from royalties and profit oil...

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Guyana’s power demand hits record high at 221.3 megawatts 

Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The...