Guyana, Suriname have potential to address global energy needs – President Santokhi

  Guyana and Suriname have the potential to address the global energy needs, President of Suriname, Chandrikapersad Santokhi said this morning during the opening of...

Guyana welcomes capital but at the right price – President Ali

  Guyana is on the path of greatness as it continues to see major developments in its oil and gas (O&G) sector which entails numerous...

PNCR’s Norton challenges Police Force to probe bribetaking allegation against Jagdeo

  People’s National Congress Reform (PNCR) Leader, Aubrey Norton is challenging the Guyana Police Force (GPF) to probe the allegation of bribetaking levelled against Vice...

ExxonMobil starts production at Liza Phase Two Project

  ExxonMobil announced moments ago that it started production at Guyana’s second offshore oil development at the Stabroek Block's Liza Phase 2 area, bringing total...

Gov’t engaging another bidder to build new Demerara River Bridge; $21B budgeted for preparatory...

  Minister of Public Works, Bishop Juan Edghill said government is engaging a new bidder to construct the new Demerara River Bridge. This comes after...

Over $380M more to be spent on Bartica, Leguan Stellings; Edghill flays Coalition for...

The Government of Guyana will be doling out more than $380M for the continuance of works to the Leguan and Bartica Stellings this year....

$2B approved for construction of call centres, other co-investment projects

  The People’s Progressive Party Civic Administration has made significant strides in honouring its commitment to provide 50,000 jobs to Guyanese, with an allocation of...

Local consortium to work with foreign auditor on Exxon’s multi-billion dollar bills- Jagdeo

  The PPP/C Government has finally found a local consortium to work alongside the foreign company that would be selected to audit ExxonMobil’s multibillion dollar...

Exxon to get Yellowtail licence by March; Govt. still pressing for full coverage insurance...

  While it was the expectation that the ExxonMobil-led consortium in the Stabroek Block would have gotten its licence for the Yellowtail project since last...

Local companies will enjoy same tax benefits as Exxon suppliers –Jagdeo

  The 2016 Stabroek Block Production Sharing Agreement (PSA) is replete with provisions that only grant massive tax concessions to the foreign suppliers of ExxonMobil,...

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