Swiss company secures contract to drive electrical innovation on Guyana’s fifth oil project

Swiss technology company Asea Brown Boveri (ABB), which operates globally in robotics, power, and automation technology, has secured a significant contract for works on...

Withdrawal rules for NRF being revised to reduce reliance on loans -VP Jagdeo

Vice President, Dr. Bharrat Jagdeo has  defended the government’s imminent proposal to raise the debt ceiling for a third time as well as revise...

Govt. to engage int’l advisors on hosting another oil blocks auction in 2024

Vice President, Dr. Bharrat Jagdeo says its possible Guyana could host its second oil blocks auction in 2024 but stressed the need to consult...

EPA not required by law to publicly disclose Exxon’s $2B financial package for oil...

Guyanese litigants, Frederick Collins and Godfrey Whyte, are requesting that ExxonMobil makes public a US$2 billion parent company guarantee lodged with authorities to cover...

Govt. not conducting seismic survey for offshore blocks-VP Jagdeo clarifies

Vice President Dr. Bharrat Jagdeo, in a press briefing on Thursday, clarified that the government will not be conducting a seismic survey on its...

We must build up capacity before rushing to establish a Petroleum Commission-VP Jagdeo

Vice President, Dr. Bharrat Jagdeo has once again clarified that authorities will not be rushing to establish a Petroleum Commission, especially when the country...

Guyanese group urging US Exim bank not to fund gas-to-energy project “hopelessly misguided”-VP Jagdeo

The two Guyanese women who wrote to the US Exim Bank, asking that the financial institution withhold approval for a US$660 million loan for...

Only 40% of trillion-dollar budget will be backed by loans – VP Jagdeo

About 40 percent of Guyana’s $1.146 trillion budget, unveiled on Monday, will be financed by external loans. The remainder will come from the country’s...

Guyana to bag US$6B annually when Whiptail Project comes on stream-VP Jagdeo

Vice President, Dr. Bharrat Jagdeo disclosed today that Guyana could get as much as US$6B in revenues annually from the Whiptail Project, the sixth...

Ramjattan’s opposition to NRF account holding taxes for oil companies hypocritical-AG Nandlall

Attorney General (AG) and Minister of Legal Affairs, Anil Nandlall on Tuesday lambasted Alliance for Change (AFC) Leader, Kemraj Ramjattan’s for his hypocritical opposition...

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