News

Guyana is preparing for all possibilities surrounding the December 3 referendum by Venezuela, its President, Irfaan Ali assured.  While Ali believes that Venezuela “would not act in a reckless way”, disregarding the orders of the International Court of Justice (ICJ),...

The recent wave of posts on social media platforms regarding the Venezuela border controversy has prompted Guyana’s President Irfaan Ali to urge the public to rely only on information emerging from official channels in the government.  “I have seen a...

The Biden administration has issued a stern warning to Venezuela, stating its intent to rescind recently granted licenses if President Nicolás Maduro fails to demonstrate a commitment to fairer elections by the close of November. Brian Nichols, the U.S. Assistant...

ExxonMobil is venturing into the lithium market to meet the growing demand for electric vehicles (EV). The company announced that it has started drilling its first lithium well in Arkansas, where it holds a large acreage of land with...

Pandora Energy Inc., a Guyanese manpower and recruitment firm, has recently achieved global recognition by obtaining the American Bureau of Shipping (ABS) accreditation. This confirms the company's compliance with the International Labor Organization (ILO) Maritime Labor Convention (MLC) 2006,...

Korea has set its sights on bolstering economic ties with Guyana, as evidenced by the Export-Import Bank of Korea's initiative to offer substantial concessional financing for prospective projects. Park Jong-Kyu, Vice President and Head of Group at Korea Eximbank,...

Guyana’s Minister of Natural Resources Vickram Bharrat recently announced that Bayphase, an international oil and gas consultancy firm, is reviewing ExxonMobil's Field Development Plan (FDP) and Environmental Impact Assessment (EIA) for its sixth Stabroek block development.  Bharrat said that the...

Guyana's Vice President Bharrat Jagdeo is making it clear that the government does not promote nor condone xenophobia, as claimed by Venezuelan Vice President, Delcy Rodriguez, at a recent hearing of the International Court of Justice (ICJ). Jagdeo related...

ExxonMobil Guyana Limited (EMGL) is gearing up to engage suppliers for the provision of another set of onshore and offshore services as part of its operations in the Stabroek license area. According to public requests for information (RFIs), the company...

Trinidad-based Touchstone Exploration is celebrating success with its Cascadura project, evident from the company's third-quarter results released on November 14. The impact of Cascadura's initial output on both production profile and operating cash flows has been substantial, as highlighted...