Nestled on the northern tip of South America, the small nation of Guyana, now the fastest growing economy in the world, will become the continent’s second biggest oil producer by 2027. The massive success the country has seen in...

Nine companies will present live at Demo Day on December 5th, 2023 at Alwaseel Gem in RiyadhRIYADH, Saudi Arabia--(BUSINESS WIRE)--Multi-stage venture capital firm 500 Global and KSA-based financial investment company Sanabil announced the sixth batch of their MENA Seed...

ExxonMobil announced on Tuesday that it has started producing oil at the massive Payara Development Project offshore Guyana, bringing total production capacity to approximately 620,000 barrels per day (bpd). The Prosperity floating, production, storage and offloading (FPSO) vessel is expected...

With six satellites, SES’s second-generation medium earth orbit system will be ready to provide high-performance connectivity services around the globe from early Q2 2024.CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--SES announced today that two additional O3b mPOWER satellites were successfully launched into...

A former Venezuela envoy to Guyana, Sadio Garavini di Turno, has openly criticized the Nicolas Maduro government's decision to hold a referendum on the Essequibo territorial claim, labeling it not just as useless but also harmful to the country's...

The project from Forest Trends’ Communities & Territorial Governance Initiative aims to strengthen livelihoods for indigenous communitiesLINCOLN, Neb.--(BUSINESS WIRE)--Forest Trends and the Arbor Day Foundation will expand their partnership through a new initiative, the Arboredo Project, to strengthen Indigenous...

A new hydroponic farming project initiative has been launched in Guyana - the largest in the Caribbean, according to President, Irfaan Ali with 300 young Guyanese being the beneficiaries.  The funding comes from the Greater Guyana Initiative (GGI) - a...

By Ivelaw Lloyd Griffith - OilNOW In looking at Venezuela’s recent bullying actions against Guyana, the first article in this two-part series examined two questions. First, what exactly is the latest bullying attempt? Second, why this latest Playbook effort? In...

By Jerry Haar & Christina Caus - OilNOW Guyana’s burgeoning oil production is on an unstoppable trajectory to transform the nation economically and socially. The government expects to take in US$1.63 billion this year in royalties and profit sharing. This...

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) today announced the signing of a definitive agreement to divest its Mobility business to BYD Electronic (International) Company Limited (“BYDE”) in a cash transaction valued at $2.2 billion. The definitive agreement follows...