Quality of recent oil finds at Yellowtail complex similar to Liza- Hess COO

Even as it noted that the operator of the Stabroek Block, ExxonMobil, is in the process of evaluating two additional reservoirs at the Yellowtail...

Over $15M spent in two years to service four David ‘G’ Buses – Report

Over $15.8M was expended within the last two years to service four David ‘G’ School buses that were donated through the Government of Guyana...

Audit of Exxon’s books alone won’t stop revenue leakages-Petroleum Advisor

According to the Production Sharing Agreement (PSA) with ExxonMobil, the Government of Guyana has the right to audit ExxonMobil’s books. But Petroleum Advisor to...

Guyana registers positive first quarter performance for 2022- Central Bank

The Guyanese economy registered mostly positive output performance during the first quarter of 2022. According to Central Bank’s latest statistical bulletin, there continues to be...

Govt. erred with Green Paper not built on a development strategy- Ramson

All over the world, Sovereign Wealth Funds (SWF) are built on the foundation of a National Development Strategy specifically tailored based on the needs...

Gov’t announces 7% increase in Public Servants wages

Government will be paying an across-the-board increase of seven percent to public servants, teachers, members of the disciplined services, constitutional office holders, as well...

Major infrastructure projects “all studies”, says Jagdeo

Opposition Leader, Bharrat Jagdeo has slammed the infrastructural allocations in the 2019 National Budget saying that many major projects will have feasibility studies done...

Republic Group to take over Scotiabank operations in Guyana, Caribbean territories

Republic Financial Holdings Limited (RFHL) today announced that it has entered into an agreement to acquire Scotiabank’s banking operations in Guyana, St. Maarten and...

$26M Facilities And Maintenance Office Commissioned At UG

At a cost of $26M, the University of Guyana today commissioned a new office building for its Facilities and Maintenance Division. The construction...

IDB lending US$11.6 M support to transform Guyana’s Energy Sector

Guyana is set to transform its energy governance with help from the Inter-American Development Bank (IDB). This will translate to an US$11.64 M loan...

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