Value of Guyana’s Natural Resource Fund increases to $359B, earns $4.1B profit at second...
Guyana’s Natural Resource Fund was valued at $359.3B or US$1.7B at the end June 2023, a Central Bank report stated. According to the operational...
Oil spill exercise completed as part of Tradewinds 2023
As part of Exercise Tradewinds 2023, a simulated oil spill activity was conducted on Tuesday in Berbice, Region Six. Exercise Tradewinds is a multi-faceted...
Guyana’s oil account received $91.5B in profit oil and royalties during 2023 second quarter...
Guyana’s Natural Resource Fund (NRF) received a jaw-dropping $91.5B (US$438.95M) in oil revenues during the second quarter of 2023. According to the (NRF) report...
GYSBI launches scholarships to support technical studies across Guyana
Guyana Shore Base Inc. (GYSBI), the country’s premier onshore support facility servicing the oil and gas industry, announced on Tuesday, the launch of its...
GYSBI receives strong ratings and outlook from CariCRIS, driven by growing oil and gas...
Guyana Shore Base Incorporated (GYSBI) has received favourable credit ratings from the Caribbean Information and Credit Rating Services Limited (CariCRIS). The institution recently noted...
Japanese FPSO builder seeking Guyanese to develop Local Content Reports
MODEC, the Japanese contractor responsible for constructing the remarkable 'Errea Wittu' vessel for ExxonMobil's Uaru project, is currently seeking proficient local companies to provide...
Oil, Agriculture, Construction sectors keeping Guyana on track for strong 25% GDP growth- Central...
The Guyanese economy remains on track for a 25.1 percent growth rate for 2023 as the oil, agriculture and construction industries continue to deliver...
Guyana’s flawed systems hampering production of accurate reports on revenues received from extractive sectors...
The Extractive Industries Transparency Initiative (EITI), a global body that promotes accountability in the exploitation of natural resources, has urged Guyana to reform systems...
Govt. will soon update targets in Local Content Law – Min. Petroleum Coordinator
Key amendments will soon be made to the targets enshrined in the Local Content Law 2021 so that Guyanese can better support the booming...
Stabroek Block partner funds 4 scholarships for Guyanese to study Petroleum Sciences in China
CNOOC Petroleum Guyana Limited (CPGL), one of the partners in the oil rich Stabroek Block, on Friday awarded scholarships to 4 Guyanese students to...
