Local Content Law secured employment for over 3900 Guyanese; trapped US$721M in spend for...

Since its passage in 2021, Guyana’s Local Content Law has proven to be a powerful instrument in securing jobs for citizens. In fact, Senior...

MODEC awards FPSO topsides integration contract to Singaporean group

Seatrium Limited, a prominent player in the global offshore, marine, and energy sectors, recently announced the acquisition of a significant contract for Floating Production...

CGX racks up US$6.8M loss in 6 months 

The first half of 2022 has turned out to be another losing period for CGX Energy Inc. which holds a working interest in the...

EPA gives greenlight for luxurious $900M apartment complex in Republic Gardens

The Environmental Protection Agency (EPA) has provided approval for Guyanese developers living overseas to construct a $900M luxurious apartment complex in Republic Gardens. The structure,...

Guyana needs minimum of US$10B in investments to harness oil and gas opportunities- Govt....

Guyana will need at least US$10 billion in investments to fully capitalize on the opportunities that come with its burgeoning oil and gas industry....

73 days later, speaker still to pronounce on motion addressing US$900M gas-to-energy project  ...

Opposition Member of Parliament, David Patterson has written to Speaker of the National Assembly, Manzoor Nadir for an update on his motion to address...

Trinidad stands ready to lend expertise, infrastructure to help regional partners maximize oil sector...

A staunch supporter of the ideal, “we are better together,” Prime Minister of Trinidad and Tobago, Dr. Keith Rowley said on Monday that his...

Govt. proposing use of sliding scale rule for withdrawals from first US$5B deposited into...

Senior Finance Minister, Dr. Ashni Singh recently tabled the Fiscal Enactments (Amendment) Bill 2024 in the National Assembly which proposes amendments to the domestic...

Despite recorded violations, ExxonMobil vows “block-ringfencing” is best for Guyana

By Abena Rockcliffe There is consensus in Guyana that ring-fencing is crucial. The differences in options lie within the type of ringfencing. Some believe that...

APNU+AFC yet to account for $199B it mismanaged while in office; has no authority...

Dear Editor, In a recent press conference, Economic Advisor to the Leader of the Opposition, Elson Low asserted that the second cost recovery audit of...

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