Draft Local Content Policy makes no provision for development fund to help struggling businesses
For over three years, local entrepreneurs desirous of servicing the oil sector have bemoaned the difficulties faced in accessing capital from the banking sector....
Ramps Logistics clears Rowan jackup rig for Repsol’s Carapa-1 well on Kanuku block
Director of New Ventures at Ramps Logistics, Javed Razack has revealed that the company’s local team recently cleared the Rowan/Valaris EXL II jackup rig...
Eco Atlantic potentially sitting on 600 million barrels of recoverable oil -Berenberg Bank
Berenberg Bank, one of the world’s largest multinational investment banks, reported that one of its most attractive merger and acquisition targets, Eco Atlantic, is...
Penalties for polluters to be included in Draft National Oil Spill Contingency Plan -CDC...
Guyana’s draft National Oil Spill Contingency Plan makes provisions for polluters to handle all costs associated with any spill on or offshore. But what...
Guyana will be a growth pole for the rest of the Caribbean –IMF Mission...
Trinidad and Tobago is not alone in its quest to benefit from Guyana’s oil. In fact, several CARICOM territories are eager to know how...
Guyana gets National Oil Spill Committee
A National Oil Spill Committee has been fully formulated to ensure Guyana is in a position to respond expeditiously to incidents that affect, or...
Guyana Safety Forum and Trade Show 2019 kicks off tomorrow
The Energy Chamber of Trinidad and Tobago in collaboration with stakeholders here will be hosting a Safety Forum and Trade Show at the Arthur...
Toshaos urged to craft plan to benefit from oil and gas resources
Head of the Department of Energy, Dr. Mark Bynoe has called on Indigenous leaders to craft a strategic plan to ensure their communities benefit...
Residential mortgages jump by 16 percent due to oil sector activity-IMF Mission Chief
Even before Guyana gets its first barrel of oil, various sectors are already noting the impacts of the anticipated oil boom. This is particularly...
GRA rakes in $11.5B in taxes from oil sector from January to August
Through its "prudent management" of the oil sector, the Guyana Revenue Authority (GRA) has been able to net over $11B in taxes in just...
