The International Monetary Fund (IMF) has urged Guyana to urgently review its migration laws as well as find other creative means of attracting expertise from the Guyanese Diaspora to help develop its oil sector.
With the low base in education...
Promising world-class logistics services in modern supply chain management, global provider Blue Water Shipping launched its Guyana office this week to tap into the country’s ever-expanding oil and gas sector.
Since the first major discovery in 2015 by ExxonMobil, Guyana...
By Dr. Dax Driver - OilNOW
I really enjoyed my visit to Guyana this week to attend the Guyana Basin Summit. It was great to catch-up with old friends and colleagues and to make many new contacts as well. This...
The incredible growth of Guyana’s oil and gas sector has piqued the interest of investors across the world, looking to get in on the action. The latest is Brazil, with a major delegation scouting opportunities of its English-speaking neighbour...
Following the disclosure by the Guyana Revenue Authority (GRA) on Wednesday that it has instituted 10 charges against Ramps Logistics Guyana (RLG) for false declarations, the company has issued a statement calling the said charges baseless.
While these charges will be reviewed...
Guyana still intends to establish an independent Petroleum Commission.
Permanent Secretary at the Minister of Natural Resources, Joslyn McKenzie, said earlier this week that the Guyana Geology and Mines Commission (GGMC) is being primed to evolve into this role.
The Ministry,...
The Law Enforcement and Investigations Division (LEID) of the Guyana Revenue Authority (GRA) on Wednesday instituted 10 charges in the Georgetown Magistrate’s Court against Ramps Logistics (Guyana) Inc. for false declarations.
Investigations determined, among others, that during the period of 2021 to 2022,...
With Guyana’s oil and gas sector poised to usher in a new area of unprecedented Foreign Direct Investments (FDI), it is critical that the country has a well-crafted plan to improve the business environment so that maximum benefits and...
Minister of State in Foreign Trade and Business for Barbados, Sandra Husbands, said the government announced that its 2022 offshore licensing round will be launched on December 1, 2022.
This represents a delay of one month, after previous information from the Ministry...
President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker said the organisation is lobbying the Guyana government to pursue the type of legislative changes that would allow new companies to use their contracts as a means...