News

In an engaging Oxford-style debate, two prominent voices in Guyana; Elson Lowe and Joel Bhagwandin, engaged in a thought-provoking discussion on the premise - "Guyana is not on the right development path, given its newfound oil resources." The event,...

Locals looking to find jobs in Guyana’s oil sector will have an opportunity as the Guyana Shore Base Inc (GYSBI) is set to host a career fair on July 9.  The event will take place at the West Demerara Secondary...

Guyana’s Environmental Protection Agency (EPA) has granted approval for a 35-well exploration and appraisal campaign at the ExxonMobil-operated Stabroek Block.  Approval was granted after the Environmental Assessment Board reviewed and declared the Environmental Impact Statement and Environmental Impact Assessment submitted...

Fifteen teams in Guyana are set to compete in the 2023 Innovation Challenge organized by the Office of the Prime Minister's Industry and Innovation Unit. The challenge, launched on Tuesday by Minister of Public Affairs, Kwame McCoy, is being...

Data from Norway’s Rystad Energy lists Venezuela as one of the worst polluting oil producing countries in the world, based on emission intensity.  Rystad Energy compared producers from OPEC and Non-OPEC countries; Venezuela ranked the highest with 98 kilograms of...

Guyana Vice President Dr. Bharrat Jagdeo has announced that the government is considering reissuing a request for proposals (RFP) for the Amaila Falls hydropower project. This decision comes after the previous attempt to find a suitable contractor for the...

The Extractive Industries Transparency Initiative (EITI) has lifted its suspension of Guyana’s membership. “The EITI Board temporarily suspended Guyana on 1 February 2023 for failing to publish its 2020 EITI Report. In accordance with the EITI Standard, it was agreed...

Two Guyanese men, who often feature in media discourse on Guyana’s development, are set to meet for a spirited debate on the moot - “Guyana is not on the right path to development given its newfound oil resources.” Scheduled for...

Guyana is now an impressive oil and gas destination with proven reserves of more than 11 billion oil-equivalent barrels in the Stabroek Block. Through the operations of an ExxonMobil-led consortium, the country will become one of the world’s largest...

Oilfield services provider SLB and software company Quorum Software have joined forces to introduce a digital planning solution aimed at revolutionising field development planning. The collaboration brings together Quorum's Planning Space business planning and petroleum economics offering with SLB's...