The Guyana government has submitted a supplementary provision to Parliament, proposing an additional GY$61 billion in funds for various government initiatives set for this year. Significantly, GY$5 billion (approximately US$24 million) of this has been earmarked for the Gas-to-Energy...

DALLAS--(BUSINESS WIRE)--Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2023. For the quarter, the Company generated a net income of $23 million, or $0.05 per diluted...

Noble Corp. announced robust financial results for the second quarter of 2023, showcasing a positive growth trajectory amidst an upswing in market conditions. The company reported contract drilling services revenue of US$606 million for the quarter, representing an increase...

"If you not in the business, get in the business" was the advice of Government Minister, Deodat Indar to the 360-member strong Guyana Manufacturing and Services Association (GMSA) as it celebrated 60 years of existence on August 3.  His feature...

The Vreed-en-Hoop Shorebase Inc. (VEHSI) has taken a significant step towards its December completion date by seeking local service providers to meet its operational needs. The company recently published a request for information (RFI) to identify potential contractors offering...

Caiman Industries, Environmental (CIE) is planning to develop a 5.8 MW solar farm. The project marks what would be the first instance of a private developer embarking on a such a project in Guyana, with all other solar farms...

SAN FRANCISCO--(BUSINESS WIRE)--Equilibrium Energy, a next-generation clean power company, today officially emerged from stealth backed with $33M in venture funding from top tier institutional investors including Breakthrough Energy Ventures, Global Founders Capital, NJP Ventures, and a prominent university endowment....

Singapore’s Keppel Corporation Limited (Keppel) reported a net profit of over S$3.6 billion for the half year ended 30 June 2023, the highest profit on record in the Company’s 55-year history. 1H23’s net profit was significantly higher than the...

Solid second quarter despite signs of demand weakness, FY 2023 Adjusted EBITDA guidance lowered 9% at the midpointWILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (“Chemours” or “the Company”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies...

Raising adj. rec. EBIT margin outlook from 6.7% - 7.2% to 7.0% - 7.5% supported by robust first half profitability Adjusted order intake of €9.0bn driven by major LNG award and TPS momentum; record adjusted backlog of ~€19bn Exit from Arctic...