Guyana’s oil revenues to reach GY$2.3 Trillion by 2028 – IMF Report

By 2028, Guyana’s oil revenues will reach at least GY$2.3 Trillion (US$11B) in royalties and profit oil from at least six floating, production, storage...

Guyana advanced in modernizing framework for effective oil sector management – IMF

The International Monetary Fund (IMF) noted in its country report on Guyana today that the Government of Guyana (GoG) has made significant strides in...

Once Exxon recovers costs for oil projects, Guyana to get more profits- IMF

The International Monetary Fund (IMF) today unveiled insights in its country report on Guyana, indicating that once ExxonMobil Guyana and its Stabroek Block partners...

Guyana energy sector welcomes new board of directors for strategic leadership

The Guyana Government recently published a gazette order on the appointment of a new Board of Directors for the Guyana Energy Agency (GEA). The decision,...

Guyana and Barbados to collaborate on prawn production project

Agriculture Minister, Zulfikar Mustapha recently revealed that Guyana and Barbados are collaborating on a major prawn production project which is expected to utilize the...

GCCI to embraces diverse business opportunities at Texas Offshore Technology Conference next May

The Georgetown Chamber of Commerce and Industry (GCCI) is gearing up for its annual venture to the Offshore Technology Conference (OTC) scheduled for May...

Rice production increases despite El Nino weather conditions – Min. Mustapha

Guyana’s agriculture sector, specifically the rice industry continues to reap success despite the El Nino weather condition that is currently affecting the country. In fact,...

United Airlines to introduce direct flights from Houston to Guyana from 2024

Major American airline, United Airlines announced on Thursday that it will be offering direct flights from Georgetown to Huston from April 2024. The airline, headquartered...

US Embassy to boost economic endeavors in Guyana with new Commerce Office

In a move that symbolizes a deepened commitment to Guyana's economic landscape, the United States (US) has established a US Department of Commerce office...

Saipem wins projects from Guyana and Brazil worth US$1.9B

Italian engineering and construction major, Saipem, announced today that it has been awarded two offshore contracts, one in Guyana and the other in Brazil,...

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