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Georgetown, Guyana
Friday, May 17, 2024

Guyana searching for new marketer for crude lifts

…bidding to be opened early next month Guyana is on the hunt for a new crude marketer, with a new Invitation for Bids (IFBs) being...

EPA reviewing draft Parent Company Guarantee Agreement from Exxon

…optimistic of including clause allowing flexibility on US$2B guarantee By Jarryl Bryan The Environmental Protection Agency (EPA) is presently reviewing a draft Parent Company Guarantee agreement...

Govt announces 20% reduction in gasoline, 15% reduction in diesel prices

Please see full statement issued by the Finance Ministry: Georgetown, Ministry of Finance, 1 October 2022: Senior Minister in the Office of the President...

Tremendous opportunities for Guyana to export natural gas – CDB expert

…says Guyana should have enough gas for 20-to-30-year project Guyana, which has been producing oil and gas since 2019 and which has plans to pipe...

New PSA will secure over 60% more revenue share for Guyana – VP

With the new model Production Sharing Agreement (PSA) that the People’s Progressive Party/Civic (PPP/C) Government is implementing for all new oil exploration projects, Government...

Govt will invest oil revenues until challenges faced by Guyanese are remedied – Jagdeo

Vice President Bharrat Jagdeo has laid a firm footing that Government would continue to invest the oil revenues in areas which develop the productive...

Govt to tender for int’l project manager for gas-to-shore development

…RFPs sent out to prequalified companies; to be received by July The Government of Guyana plans to go out to tender for an international project...

Work to start this year on model PSA for future oil deals – Bharrat

…huge chunk of $200M World Bank funding to be used Work is expected to start this year on a model Production Sharing Agreement (PSA) that...

Guyana Shore Base signs deal with NCB Merchant Bank to expand energy sector

NCB Merchant Bank (Trinidad and Tobago) Ltd, a subsidiary of the Jamaica-based NCB Capital Markets Group, has signed an agreement with Guyana Shorebase Inc....

Venezuelan worker killed in industrial accident on artificial island

A Venezuelan national was killed on Saturday evening in a freak accident at the Vreed-en-Hoop Shore Base facility commonly known as the artificial island...

Recent Articles

Teens charged with murder of excavator operator

Nineteen-year-old Daniel Badley of Second Street, Mocha Arcadia EBD and Quamina Street, Beterverwagting ECD along with two juveniles were on Friday charged with the...

Teen busted with ammunition during roadblock exercise  

A teenager was taken into custody following the discovery of a magazine belonging to a Taurus pistol and a single live round of 9mm...

Man escapes from Police leaving behind ganja & cocaine

The police have launched a manhunt for a man who reportedly escaped from Police leaving behind 2239.2 grams of cannabis and 41.9 grams of...

CH&PA remains committed to providing affordable housing to citizens but reiterates squatting is illegal...

The Housing and Water Ministry, through the Central Housing and Planning Authority (CH&PA) on Friday stated that it remains committed to peaceful resolution as...

Onverwagt prawns project to yield an estimated $48M per crop

The prawns project being developed at Onverwagt, Region Five is poised to produce 12 tonnes of Vannamei prawns per crop, with each tonne expected...

AFC to hold 8th biannual conference on June 29

FULL STATEMENT: The Alliance For Change (AFC) is pleased to announce its 8th Biannual Conference, which will be held on June 29, 2024, in Georgetown....

GTU not serious about conciliation following series of demands – AG

…says Union using teachers to push other agenda In light of the recent ultimatum issued by the Guyana Teachers’ Union concerning the 20 per cent...

$117M owed in traffic tickets’ payments

…237 drivers fined $18M for drunk driving Drivers in Guyana face a staggering bill of $117 million owed to the Guyana Police Force following a...

“There will be reciprocity” – VP warns countries restricting Guyana’s commodities

Imports from any country that prevents Guyana’s commodities from entering its market will face similar restrictions when its exports are entering Guyana. This is according...

Venezuela Border Controversy: Guyana notifies allies of Venezuela’s threatening posture at border

Vice President Bharrat Jagdeo informed media practitioners on Thursday afternoon that the Government of Guyana has informed all relevant international bodies, allies, and other...