House passes modernized Petroleum Activities Bill
Following more than seven hours of contentious debate by government and opposition members of parliament, the modernized Petroleum Activities Bill 2023 was passed in...
National Assembly greenlights $5 billion for landmark Gas-to-Energy venture
An additional $5 billion has gained approval in the National Assembly to further support the groundbreaking Wales gas-to-energy initiative.
In yesterday’s session of the National...
Patterson tables proposed amendments to Petroleum Activities Bill
Shadow Minister for the Oil and Gas Sector, David Patterson, has proposed a number of amendments to the Petroleum Activities Bill 2023, set to...
Guyana’s oil account receives US$128.1M in royalties, profit oil for July
Guyana's Natural Resource Fund (NRF) received US$128.21 million (equivalent to GY$26.73 billion) in royalties and profit oil revenues for July based on operations in...
Ramps Logistics, N&S Algoo join forces to support local customs brokerage services
In a move set to redefine the landscape of local customs brokerage services, Ramps Logistics Guyana Inc. and N&S Algoo Customs Brokerage Service have...
Local company to establish US$4M warehouse and laydown yard facility to service oil sector
Advocat Guyana Holdings Inc (AGHI) is gearing up to establish a US multi-million dollar chemical warehouse and laydown yard facility on the East Bank...
VEHSI seeking additional service providers for timely completion of shore base
The Vreed-en-Hoop Shorebase Inc. (VEHSI) recently announced its pursuit of additional local service providers as it progresses toward its highly anticipated December completion date.
VEHSI,...
Era of modernized regulation beckons for oil sector as govt. tables Petroleum Activities Bill
In a pivotal move aimed at comprehensively modernizing and regulating the oil and gas industry, the Guyana Government tabled the Petroleum Activities Bill 2023...
APNU slams PPP over ad hoc handling of oil revenues, neglect of working class
Guyana's leading opposition party, the A Partnership for National Unity (APNU), strongly criticized the PPP government's ad hoc use of oil revenues as well...
Exxon’s Japanese contractor, MODEC, seeking Guyanese firms to help expats with mobility services
MODEC, the renowned Japanese contractor responsible for the construction of the 'Errea Wittu' vessel for ExxonMobil's Uaru project, is now hunting for Guyanese firms...
