By Arthur Deakin - OilNOW Within months, Guyana is expected to have auctioned 14 different oil blocks surrounding the biggest offshore oil discovery in the last decade. The government has announced that there could be 25 billion barrels of...

By Jerry Haar Assessing the economic condition of the State of Maryland where he was elected governor in January, Wes Moore concluded: “we are asset rich and strategy poor.” Some would argue that evaluation applies to Guyana,...

Guyana’s growth forecast from the International Monetary Fund (IMF) has been given a considerable boost. While the institution’s 2022 Article IV report had estimated Guyana’s real gross domestic product (GDP) would grow 25.2% in 2023, this has been revised...

By Dr. Carolyn Walcott & Dr. Terrence Blackman Many people in Guyana, a small country, culturally a part of the Caribbean, located in the northeastern corner of South America, must be made aware that the country has a stock exchange....

SBM Offshore Guyana said eight Guyanese engineers officially completed its Graduate Engineers’ Programme. A graduation ceremony was held for the engineers, who make up the first cohort to benefit from this training, on March 31.   The programme provided international...

Access to finance continues to be the common theme in local content discussions, as it remains a main hindrance to the success of local enterprises desirous of tapping into Guyana’s expanding oil sector.  As the inaugural Local Content Summit 2023...

Former President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker, is heavily criticizing calls to renegotiate the contract Guyana entered with ExxonMobil and the Stabroek Block co-venturers. Tucker pointed out that arbitrary decisions to change the...

The recent dismissal of a lawsuit against ExxonMobil’s Stabroek Block Production Sharing Agreement (PSA) marks a major loss for advocates pushing for changes to the contract.  Glenn Lall, the publisher of Kaieteur News, a Guyanese daily newspaper known for its...

By Joel Bhagwandin - OilNOW I am writing in reference to a letter published the Stabroek News on March 23, 2023, with the caption, “Vreed-en-Hoop shore base, funded with Guyana’s oil revenues makes it a private, public partnership”.  I must disclose...

Guyana's Ministry of Natural Resources (MNR) has responded to recent comments about the country's development, which it called an attempt to undermine the progress made to manage its rapidly growing economy.  It was University of the West Indies (UWI) lecturer...