News

Guyana plans an additional gas-fired power plant in Berbice

Guyana is planning another 300-megawatt (MW) gas-fired power plant, this time in the Berbice region, Dr. Mahendra Sharma, Chief Executive Officer of the Guyana Energy Agency (GEA), said. During a panel discussion at the Guyana Energy Conference last week, Dr....

More dredging for Demerara River to support Guyana’s energy driven port expansion – Utilities Minister

The Government of Guyana will expand dredging efforts in the Demerara River to create the depth needed for larger vessels, as port capacity expands to meet rising demand from oil and gas activity offshore. Minister of Public Utilities and Aviation...

Industry will need 20M b/d, Guyana a timely supply boost — Wood Mackenzie Chairman

Guyana has emerged as a key contributor to global oil production at a moment when the industry faces a critical need for additional supply, Simon Flowers, Chairman of Wood Mackenzie, said on February 17 at the fifth Edition of...

Guyana ‘a cornerstone’ of ExxonMobil’s global portfolio – Ammann

ExxonMobil’s Upstream President, Dan Ammann, has described Guyana as “a cornerstone” of the company’s global portfolio, citing scale, speed of execution and long-term value creation. He made the remarks on February 17, during the Guyana Energy Conference and Supply...

Ghana’s Cybele Energy targets 160,000 b/d at Guyana’s S7 Block; sees 400M barrels recoverable – Chairman 

Beatrice Mensah Tayui, Executive Chairman of Ghana-based Cybele Energy, said the company is targeting production of 160,000 barrels of oil per day at Guyana’s S7 Block, and sees more than 400 million barrels of recoverable resource potential. Mensah‑Tayui was delivering...

GCCI President to investors: ‘Do not underestimate the micro, small, medium-sized enterprises’

Georgetown Chamber of Commerce and Industry (GCCI) President Kathy Smith on Thursday urged foreign and regional investors to actively partner with Guyana’s micro, small and medium-sized enterprises (MSMEs), cautioning against concentrating opportunities among only large firms. She delivered the remarks...

GRA, Local Content Secretariat clamping down on ‘rent-A-citizen’ practices in Guyana – Natural Resources Minister 

The Guyana Revenue Authority (GRA) and the Local Content Secretariat are upping their enforcement of “rent-a-citizen” practices designed to bypass the country’s Local Content Act (LCA). This is according to Minister of Natural Resources Vickram Bharrat, speaking exclusively with...

Guyana Technical College becomes ‘largest and most complex’ project in LearnCorp International’s history

Canadian training company, LearnCorp International, said its work on the Guyana Technical Training College Inc. (GTTCI) represents “the largest and most complex undertaking in our company’s history,” as the US$120 million facility advances offshore workforce training in Guyana. The company...

Minister Brunings confirms talks with Guyana on potential Gas-to-Energy collaboration with Suriname 

Suriname’s Minister of Oil, Gas and Environment, Patrick Brunings, has confirmed that discussions were held with Guyana’s President Irfaan Ali during the Guyana Energy Conference this week regarding potential collaboration between the two countries on gas-to-energy development. Speaking to OilNOW...

Guyana well-positioned to tackle energy poverty – Chevron Chairman

Mike Wirth,  Chevron Chairman and Chief Executive Officer (CEO), said Guyana is poised to play a major role in delivering energy to meet growing global demand and address energy poverty.  Wirth was at the time delivering remarks at the fifth...

Latest News

Letter to the Editor: Seeing change in simple ways

Dear Editor, Some time ago, I wrote about how surprised I was to see real benefits from Guyana’s growing oil...