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Georgetown port now sees an average of 52 ships per week, up from 7 – Edghill

The rapidly expanding oil and gas operations in Guyana continue to fuel significant commercial activities and authorities say the local content legislation passed this week will help to ensure Guyanese cash in big on these growing opportunities. “This bill guarantees...

Chamber ‘shocked, dismayed’ by chaos in Guyana’s Parliament

The Georgetown Chamber of Commerce and Industry (GCCI) said on Thursday it was shocked at the behaviour displayed in Guyana’s National Assembly on Wednesday as the government passed major legislation for oil and gas operations in the South American...

Guyana advances major oil and gas legislation as pandemonium breaks out in Parliament

Guyana on Wednesday passed major bills in Parliament, soon to be signed into law, that would advance the country’s framework for managing the rapidly expanding oil and gas sector which is set to rake in billions of U.S. dollars...

Better interest rates from banking sector, building ‘One Guyana’ on Ali’s radar

Focus on how the banking sector in Guyana can play a bigger role in national development and how every Guyanese can benefit from the economic explosion in the new oil producing South American country are on the radar of...

Two fundamental laws that will shape Guyana energy development

By Arthur Deakin With 300 million barrels of oil per discovery and an 80% success rate, the largest energy company in the Americas, ExxonMobil, said that Guyana’s “numbers are incredible.” Exxon added that it will inject US$30 billion into the...

Exxon’s Chairman to attend February 2022 energy conference in Guyana

Chairman and Chief Executive Officer of ExxonMobil, Darren Woods, will attend the International Energy Conference and Expo Guyana 2022, slated for February 15 to 18 at the Guyana Marriott Hotel Georgetown. Guyana’s President Dr. Irfaan Ali will deliver the Keynote...

Benefits to Guyana will go beyond oil revenues if country plays active role in developing resources

Since 2015, the year ExxonMobil made its first world class discovery offshore Guyana, the company has spent more than half a billion U.S. dollars with local suppliers supporting the emerging oil and gas industry. The South American country has...

Emerging oil producers Guyana and Ghana ink string of cooperation agreements

The governments of two oil producing nations on opposite sides of the Atlantic, Guyana and Ghana, signed three agreements to deepen their ties on Tuesday. The occasion culminated a 4-day trip to Guyana by Ghana’s Vice President Dr. Mahamudu...

First class access to healthcare, education part of Ali’s vision for new Guyana

President of Guyana Dr. Mohamed Irfaan Ali gave a masterclass to academics at the Harvard University Business School on Monday, during which he outlined how the country’s growing oil and gas sector will push Guyana’s economy forward in a...

Exxon awarded for efforts to build economic capacity, protect environment in Guyana

ExxonMobil has been recognised for its efforts to build local economic capacity, protect the environment and support communities in the new oil producing South American country of Guyana. The company received the World Petroleum Council Excellence Award (WPCEA) for...

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Zero routine flaring systems standard on Guyana’s FPSOs, cutting emissions through gas reinjection

Systems to prevent routine flaring are standard across major offshore developments in Guyana. Integrated systems on floating production, storage,...