Is Guyana susceptible to the natural resource curse?

Recently, a Jamaican economist argued that Guyana could fall victim to the so-called ‘resource curse’ as it moves deeper into developing its oil and...

Guyana’s oil pushing economic growth but agriculture is still the country’s backbone- WGEC Chair

Guyana has seen unprecedented growth since the commencement of oil production in December 2019. The significant Stabroek Block discoveries have put the country on...

SBM Offshore announces ONE GUYANA FPSO’s arrival at dockyard

SBM Offshore announced today that the ONE GUYANA, slated to be Guyana’s largest floating, production and offloading (FPSO) vessel to date, has entered drydock...

Opposition heightens call for 2 months to review new model PSAs; says rushing has...

The Opposition has made official, its position on the time needed for the public to review the drafts of the new model Production Sharing...

Govt silent on calls to extend consultation period for new model PSAs, only 7...

Despite facing criticism from the opposition on the short timeline provided for the public to review the recently released drafts of the new model...

Natural Resources Ministry rejects Jamaican economist’s attempt to undermine Guyana’s progress with oil resources

See full statement below from the Ministry of Natural Resources in response to a Jamaican economist who tried to label the country as being...

Local Content Law will be updated to include expansion of skills, services in oil...

Guyana’s Local Content Law will soon be updated to account for the expansion of various skills and services in the hydrocarbon sector. This is...

Outsiders must do their homework before wildly pinning “resource curse” narrative onto Guyana’s oil...

Dear Editor, My attention was drawn to an article published in the Jamaica Observer on March 17th, 2023, citing a regional economist, Damien King. The...

Two weeks not enough to review new draft agreements for oil blocks- Economist

It was on Tuesday that the Government of Guyana released the drafts for its new model Production Sharing Agreements (PSAs) which will govern the...

Chinese oil company donates $4M to help rebuild Christ Church Secondary School

CNOOC Petroleum Guyana Limited (CPGL), one of the three joint venture partners in Guyana’s Stabroek block, has donated $4 million to help rebuild Christ...

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