News

The International Court of Justice (ICJ) ruled that Venezuela shall refrain from actions that would compromise Guyana's administration and control of the Essequibo territory. The ruling was made in response to Guyana's request for measures to block questions from...

With oil production in Guyana set to hit 600,000 barrels per day (bpd) next year and cross the one million bpd mark by 2027, monetizing the large volumes of associated gas discovered to date at the ExxonMobil-operated Stabroek Block...

Those within the Venezuelan leadership that continue to make a “ridiculous claim” over Guyana’s Essequibo Region do so at the risk of insulting the legacy of Venezuelan revolutionary, Simón Bolívar. Guyana’s Vice President, Bharrat Jagdeo, recently made this assertion...

United Airlines Inc. revealed its intention to commence direct flights between Guyana and Houston starting in April 2024, though the initiation of this service remains contingent upon approvals from the Guyana Civil Aviation Authority (GCAA). Dr. Ashni Singh, the Finance...

Brazil’s Ministry of Defense announced that it is closely monitoring escalating tensions between Guyana and Venezuela and has “intensified” defensive actions along its northern border.  “The Ministry of Defense has been monitoring the situation. Defensive actions have been intensified in...

The construction of Guyana’s new Demerara River Bridge is progressing smoothly.  Works were 27% completed back in October.  By the end of 2024, Contractor – J.V. China Railway Construction Corporation (International) will hand over to Guyana a four-lane, high-span, cable-stay bridge...

Italy's leading engineering, drilling, and construction services provider, Saipem, has clinched two substantial offshore contracts valued at approximately US$1.9 billion. The agreements involve collaborations with ExxonMobil's subsidiary, ExxonMobil Guyana Limited, and Equinor, the Norwegian state-owned energy giant, spanning operations...

Guyana’s Head of State, Dr. Irfaan Ali will be leading a delegation to the 28th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change. COP28 will be held from November 30 until December 12,...

Equinor and Chappal Energies have entered into an agreement for the sale of Equinor Nigeria Energy Company (ENEC), which holds a 53.85% ownership in oil and gas lease OML 128, including the unitised 20.21% stake in the Agbami oil...

Brazilian state-run oil company Petrobras has terminated the contract for the sale of its Lubrificantes e Derivados de Petróleo do Nordeste (LUBNOR) refinery in north-eastern Brazil. The decision came as Grepar Participações (Grepar), the prospective buyer, failed to meet...