Environmental stewardship is the hallmark of our Guyana operations- Exxon says in 2022 Annual...
In its recently published Annual Report for 2022, ExxonMobil Guyana was keen to highlight its commitment to environmental studies and upholding best practices in...
ExxonMobil funds training for 25 young men in electrical installation
ExxonMobil, a leading global energy company, has successfully funded a training programme for 25 young men in electrical installation and other life skills sessions....
SBM announces US$37M in contracts this year for Guyanese
SBM Offshore, the Dutch shipbuilder for four of Guyana’s oil vessels, recently announced that it has set aside US$37M in contracts for Guyanese companies.
This...
“Frank” discussions needed on Guyana’s local content gains- Jagdeo
Vice President, Dr. Bharrat Jagdeo is of the view that the time has come for “frank" discussions on Guyana's local content gains.
He made this...
Jagdeo anticipates opposition’s criticism of consultation period for updated oil bill
Dr. Bharrat Jagdeo, the Vice President, has expressed his expectation that the opposition will raise objections regarding the two-week consultation period for the draft...
Guyana oil blocks auction postponed again
The government has once again decided to postpone Guyana's inaugural auction, the 2022 Licensing Round. Vice President, Dr. Bharrat Jagdeo made this announcement during...
Draft oil law proposes jail time, $10M fine for Govt. officials, family members with...
Government officials and their family members will be prohibited from obtaining licences or ownership interests in petroleum exploration and related activities under the proposed...
Govt. proposes draft Petroleum Activities Bill to modernize regulatory framework
In a move to modernize the legal and regulatory framework governing the country’s petroleum sector, Guyana’s Ministry of Natural Resources has announced the release...
Foreign catering service looking for local dairy product suppliers for oil sector
In a recently published Request for Expression of Interest (REOI), Newrest Group Guyana, a prominent catering company operating in various hospitality segments, has expressed...
In typical white supremacist style, Tom Sanzillo says Guyana doesn’t need new roads or...
Summary
To understand where the Guyana is projected to be in the future, one has to understand and appreciate its economic history. Historically, Guyana was...