News

T&T intent on ramping up natural gas production to highest levels possible

While some international groups have advised that nations move swiftly towards the diversification of their energy mix with renewable resources taking the lead, Trinidad and Tobago’s Prime Minister, Dr. Keith Rowley, said his home country is taking a different...

TotalEnergies to partner with QatarEnergy for world’s largest LNG project

Following the request for proposals in relation to partner selection for the North Field East (NFE) liquified natural gas project, TotalEnergies has been awarded a 25% interest in a new joint venture (JV), alongside national company QatarEnergy (75%). The...

Ali says T&T must be part of the solution to declining natural gas reserves in North America

Against the backdrop of a decline in proven natural gas reserves in North America, Guyana's President, Dr. Mohamed Irfaan Ali is advocating for Trinidad and Tobago’s gas reserves to be part of the solution. The Head of State made...

World Bank approves US$44M to boost human capital in Guyana as demand for skilled labour increases

The World Bank’s latest economic assessment has found that the new oil producing country of Guyana is experiencing an increasingly serious shortfall in its labour market, as training offerings have not adapted to the emerging needs of the economy. The...

Guyana on track for optimal use of oil windfall in energy transition – IDB Report

The Inter-American Development Bank (IDB), one of Guyana’s key development partners, has praised local authorities for their unfailing commitment to devise a pragmatic and comprehensive plan for using oil resources to fuel a greener economy. In one of its loan...

New oil producing nation pushes for architectural transformation with upcoming building expo

Guyana is expecting more than 150 international and local companies to participate in the International Building Expo, set to take place July 22-24 at the National Stadium, Providence, East Bank Demerara. The expo will create an opportunity for local, regional,...

Guyana saves US$2.3M in annual energy costs since gov’t buildings switched to solar – GEA Head

The Guyana Energy Agency (GEA), led by Dr. Mahender Sharma, embarked on a nationwide project in 2017 to help government buildings transition to solar power. That campaign evolved well into 2022, and according to Dr. Sharma, Guyana has been able...

Exxon surpasses Stabroek Block work programme by leaps and bounds

ExxonMobil, operator of the Stabroek Block offshore Guyana, has surpassed its work programme as outlined in the Production Sharing Agreement (PSA) it has with the South American county, by leaps and bounds. According to the provisions of the 2016 PSA, Article...

Guyana, T&T bid rounds could be hugely successful if key lessons are taken onboard, says advisor on energy

As Guyana and Trinidad and Tobago prepare to auction oil and gas blocks later this year, Geologist & Geophysicist Anthony Paul, an energy and strategy advisor in the region, cited several key factors to consider for greater exposure and...

Georgetown Chamber launches Investment Portal

The Georgetown Chamber of Commerce and Industry (GCCI) has officially brought to the Guyanese business community, an innovative platform that now makes it easier for its member companies and local business start-ups to connect with potential investors. The "Investment Portal"...

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Guyana launches Global Student Exchange with EU & UG on health, oil and gas, engineering sectors

The European Chamber of Commerce Guyana (ECCG), in partnership with the European Union and the University of Guyana (UG),...