News

 - Private sector could benefit significantly from investment facilities Representatives from several Islamic development and finance institutions could arrive in Guyana early next year at the invitation of the country’s Minister of Finance, Winston Jordan. The South American country became the...

On the heels of nine major discoveries offshore Guyana by ExxonMobil and its partners HESS and CNOOC Nexen and with the recent announcement of a major resource estimation by Eco-Atlantic, former Minister of Natural Resources and the Environment Robert...

(Reuters) - The United States is preparing a “series of actions” in the coming days to increase pressure on the Venezuelan government, U.S. Secretary of State Mike Pompeo told Fox News on Friday. “You’ll see in the coming days a...

Guyana’s new Department of Energy (DOE) is stepping up its operations and has placed two key items at the top of its priority list.  Head of the Department, Dr Mark Bynoe said in the short-term focus will be placed...

Guyana’s President, David Granger has called on the country’s private sector to avoid the dangers of insularity, while pointing out that his government intends to continue pursuing regional economic cooperation. Referring to the private sector’s pivotal role in fostering economic...

The inaugural three-day Guyana Trade and Investment Exhibition (GuyTIE) was officially opened by President David Granger on Thursday at the Marriot International Hotel in Guyana's capital, Georgetown. Fifty-six exhibitors and over 100 potential buyers and investors are expected to participate...

The Oil and Gas Climate Initiative (OGCI) today announced three new member companies that together represent 5% of global oil and gas production as it welcomed Chevron Corporation, Exxon Mobil Corporation, and Occidental Petroleum. The three new companies will...

Trinidad and Tobago Prime Minister Dr Keith Rowley told reporters in Guyana on Wednesday that the twin island republic has been a good friend to the South American country over the years even choosing to write off billions of...

Guyana’s Finance Minister, Winston Jordan has sealed an agreement that would see the country receiving US$20M from the Islamic Development Bank (IsDB) for a Utility Upgrade Programme for the Guyana Power and Light Inc (GPL). Mr. Jordan signed the loan in Kuwait on...

MEMORANDUM OF UNDERSTANDING ON ENERGY SECTOR COOPERATION BETWEEN THE CO-OPERATIVE REPUBLIC OF GUYANA AND THE REPUBLIC OF TRINIDAD AND TOBAGO The Co-operative Republic of Guyana and the Republic of Trinidad and Tobago (hereinafter referred to individually as “the Party” and collectively as “the Parties”); CONSIDERING the commitment of both...