More benefits will be reaped from the booming oil and gas sector as the Gas-to-Energy Project is well underway at Wales, West Bank Demerara. This project is in keeping with…
Cabinet has granted its approval for the auctioning of 14 oil blocks offshore Guyana, Vice President, Dr Bharrat Jagdeo announced on Thursday during a press conference at Office of the…
Guyana’s Vice President, Dr. Bharrat Jagdeo on Thursday, 3rd of November, 2022, announced new fiscal terms as part of an updated model Production Sharing Agreement being introduced in the new…
A recent survey carried out by the Guyana, South America publication shows that about 90% of about 200 Guyanese surveyed are sorely disappointed in the results of oil exploration in…
We have noted with considerable concern, a statement made by the Chairman of Ramps Logistics Guyana, Mr. Shaun Rampersaud, published in the Stabroek News on 23rd October, 2022, with regard…
ExxonMobil today announced two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana, adding to its extensive portfolio of development opportunities. ExxonMobil has made more than…
Trouble in the motherland? Guyana's former colonizer seems to be wrestling with economic turmoil, and a recent report from a popular UK newspaper suggests that the economic nosedive is affecting…
DHL is a worldwide shipping and logistics company which delivers packages with speed and efficiency. However, when it comes to Guyana, the general incompetence and airheadedness existing across the country…
To put this into perspective. If an ordinary citizen has GY$210,000.00 in the bank, that money is now worth just US$1000.00. If the Guyana dollar is reevaluated, for example, to…
Guyana and its Western neighbor, Venezuela, are projected to be the two countries with the fastest economic growths for the year 2022, but Guyana is far ahead of Venezuela in…
A US Firm is in the process of setting up a US$200 million oil refinery which will double as a Petrochemical Manufacturing Complex in Guyana, South America. It will be…
Vice Chairman of GUYSUCO, Mr. Anthony Viera, has resigned allegedly because of clashes with the CEO, Sasenarine Singh. The most recent and pronounced disagreement was over the purchase of tractors…
So far, Guyana has earned more than 800 million United States dollars from oil revenues since the start of oil extraction in December 2019. But things are about to get…
Reminiscent of the dark days of the Burnham dictatorship era, the streets of Guyana are once again seeing Guyanese lining up for foodstuff - this time, only sugar - but…
Following public outcry over the scarcity and exorbitant prices of sugar across Guyana, the President of Guyana, Dr. Irfaan Ali, has stepped up to the plate and helped to regulate…
During a recent State House event, President Ali boasted about the immense benefits that the Government's Gas to Energy Project will bring to the citizens of Guyana, South America. The…
Not too long ago, Guyana, with its miniscule population, was cheering its massive oil discoveries which to date have amounted to more than 11 billion oil equivalent barrels. Guyana, right…
Underpayment, exploitation, and mistreatment of working class citizens serve as a deterrent for Guyanese citizens needing to enter the workforce. It may discourage young people from seeking employment and push…
The proven oil reserve "per capita" is calculated as the number of barrels of proven oil reserves divided by the population of the country. The proven oil reserves per capita…
EXXONMOBIL announced yesterday, 26th of April, 2022, that it has once again struck gold offshore Guyana. Three new discoveries Guyana have driven the Stabroek resource estimate to 11 billion barrels.…