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Opinions

Unrealistic expectations and untapped opportunities—are we paying attention?

OilNOW -
By A. Bacchus - OilNOW “We got oil but wuh duh mean fuh me? I ain’t seeing a cent of the oil money.” I recently heard that statement from a close friend of mine who has, in recent years, been...
News

DAI supports flood relief efforts in Guyana

OilNOW -
Local and international employees of development company DAI donated 70 hampers consisting of food and hygiene products to the Civil Defence Commission (CDC) in Guyana on Friday. The products, such as rice, sugar, hand soap, sanitary napkins and other...
Exploration

Exxon says goal is to have 75% Guyanese workforce on each FPSO

OilNOW -
ExxonMobil Guyana says it has been pursuing various initiatives to ensure hundreds of Guyanese are able to take up leading roles in supporting the operations of the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel. Public and Government Affairs Advisor, Janelle Persaud, disclosed...
News

Payara project allowed Guyanese company to rehire 30% of staff that were laid off

OilNOW -
Caribbean Clothing Limited is a full-service garment manufacturer in Georgetown, Guyana. When the COVID-19 pandemic hit the South American country, and the world grappled with the economic and social effects, the company was forced to cut its workforce and...
News

Major training, capacity building programmes launched for Guyanese women

OilNOW -
The Centre for Local Business Development on July 15, 2021, launched its ‘Accelerate Her’ and the ‘Cherie Blair Foundation for Women - Road to Growth’ programmes which are geared towards building the capacity and marketability of women-led businesses in...
News

Guyanese manufacturing company gets recertification for quality standards

OilNOW -
Guyanese manufacturing company, Demerara Distillers Ltd. (DDL) recently received their recertification for both the Good Manufacturing Practices (GMP) and Hazard Analysis and Critical Control Points (HACCP) systems from SGS.  In a simple ceremony at DDL's Diamond head office, both...
News

Matpal Marine Institute gets ISO certification

OilNOW -
MatPal Marine Institute has joined the growing list of ISO 9001:2015 Certified companies in Guyana, through the support of Global Compliance Service (GCS), the only Accredited ISO Certification Body with a resident office in the new oil producing South...
News

Guyana can become key player on global oil market with increased production – API’s Chief Economist

OilNOW -
With Guyana expected to produce more than 800,000 barrels of oil per day by 2025, experts say that the country can become a key producer in creating global oil market balance as the demand grows and supply shrinks. Chief Economist...
News

High cost of finance and issues with accessibility must be addressed as Guyana economy takes off

OilNOW -
New businesses are being established in Guyana and existing organisations are adjusting and realigning the services they are providing to better meet the needs of the growing oil and gas industry. However, many continue to face challenges with accessing...
News

GLASS is latest Guyanese company to be ISO certified

OilNOW -
Guyana Logistics and Support Services Inc. (GLASS) has become the latest Guyanese company to achieve certification for ISO 9001:2015 International Standard. The adoption of a quality management system is a strategic decision for an organization that can help to improve its...
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Latest News

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Upcoming Business Talk to address invoicing in Guyana’s oil & gas sector

The Centre for Local Business Development, in partnership with the Greater Guyana Initiative, will host an in-person session titled...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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