Trinidad and Tobago’s (T&T) former Minister of Energy and Energy Affairs, Kevin Ramnarine, says he has been visiting Guyana frequently over the last five years and the one key thing that has always surprised him is the level of...
By Terrence R. Blackman, Ph.D. - OilNOW
The recent 2020 Guyana Labor Force Survey (GLFS) highlights major interest indicators in Guyana's labor force participation. In the first quarter of 2020, the total population aged fifteen (15) and above residing in...
With Guyana and Suriname poised for significant expansion in their offshore oil exploration and production activities, the need for adequate shore base facilities will become more pressing and therefore needs to be urgently addressed. This point was raised on...
Guyana’s Minister of Natural Resources, Vickram Bharrat has assured that Guyana can look forward to having a fully functional Petroleum Commission in place by the end of the year. He said efforts are also being made to ensure robust...
Guyana’s President, Dr. Irfaan Ali has reiterated his position that both foreign and domestic investment are pivotal to the country’s development and success and stressed that without this, the country’s resources are useless to its people.
During his address at...
Given the resource development model his government intends to roll out, President of Guyana, Dr. Mohamed Irfaan Ali, confidently asserted today that Guyana will no doubt emerge as the economic and energy epicentre of the Western Hemisphere.
The Head of...
By Wilberne Persaud – OilNOW
Guyana’s 783 thousand population occupies a land mass of 83,000 sq ml, compared to Singapore’s 279.6 sq ml with 5.7 million population and England’s 50,301 sq ml with population 56.3 million. Respectively, 2019 GDP numbers...
NiQuan Energy’s Gas to Liquids plant, located at Pointe-à-Pierre, was declared open this week by Prime Minister of Trinidad and Tobago, Dr Keith Rowley.
The plant has a nameplate capacity of 2,400 barrels per day and produces high performance, low...
Since the start of the Guyana Petroleum Resources Governance and Management Project in April 2019 which is backed by a US$20M World Bank loan, the oil-producing state has only utilized 23 percent or US$4.77M of that funding. This is according to the...
French oil major total has confirmed that plans are underway to begin developing oil fields at Suriname’s Block 58 as early as 2025, around five years after the first major discovery was made at Maka Central-1, mirroring the rapid...
