A recent analysis by energy consultancy firm Wood Mackenzie indicates that the oil sectors of the burgeoning Guyana-Suriname basin could reap benefits from fiscal reforms introduced by Colombia's newly elected President, Gustavo Petro.
The Colombian president has launched an ambitious...
The Ghana Chamber of Commerce is gearing up to spearhead a pioneering two-day Ghana - Guyana Local Content Conference, scheduled to take place in Georgetown, Guyana, at the Marriott Hotel on Thursday, August 10.
This event, a collaboration between the...
Total trade in goods and services between the United Kingdom and Guyana has reached an impressive £1.6 billion in the four quarters leading up to the end of Q2 2023, a new report from its Department of Business and...
British energy giant bp announced a significant drop in second-quarter net profit as oil and gas prices retreated from the historic highs reached a year earlier following Russia's invasion of Ukraine. The company reported that profit after tax plummeted...
The recent G20 meeting in India concluded without leaders reaching a consensus on two crucial issues: phasing out fossil fuels and fulfilling the US$100 billion per year promise to support climate adaptation and mitigation in developing countries. This failure...
Caiman Industries, Environmental (CIE) is planning to develop a 5.8 MW solar farm. The project marks what would be the first instance of a private developer embarking on a such a project in Guyana, with all other solar farms...
Chief Executive Officer Jean Paul Prates of Brazil's oil giant Petrobras stated on Sunday that the company endured a week-long onslaught of a "rampant" but "ineffective" campaign aimed at destabilising its current management.
“One of the many tricks that we...
Touchstone Exploration Inc. has shared updates on the construction of the Cascadura facility and the ongoing Royston-1X production testing. These are the company's key projects on the Ortoire block, located onshore in the Republic of Trinidad and Tobago.
In the...
The search for more oil in Guyana’s Stabroek Block remains at a steady pace with the partners announcing more prospects to be tapped.
Chief Operations Officer and President of Hess Corporation, Greg Hill shared that the partners plan to drill...
Hundreds of new oil and gas licences will be doled out in the UK, Prime Minister Rishi Sunak announced on July 31, sparking ire from environmentalists in the face of growing climate concerns.
Sunak in a brief statement said “Now,...
