By: Staff Writer September 10, 2021 ExxonMobil yesterday said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. In a release to the media, Exxon said: “The…
Category: GUYANA
Top Three Things Suriname Must Learn From Guyana’s Oil Boom
By Arthur Deakin September 7, 2021 Suriname, like Guyana, has just discovered billions of barrels of recoverable oil offshore its coast. This has attracted a flurry of international investors seeking…
CDB President Makes First Official Visit to Guyana
July 13, 2021 President of the Caribbean Development Bank (CDB) Dr Hyginus ‘Gene’ Leon arrived in Guyana on Friday, July 9 for his first official visit to the country since…
Guyana’s energy exhibition moved to a later date- Govt. wants “in person” meet!
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com June 18, 2021 In what was carded to be a virtual event later this month, will now be a hybrid one with a new date to…
GUYANA: New oil find sparks call for more operators!
By: Staff Writer June 11, 2021 The minister for natural resources in Guyana said that the new $9bn oil find in the Lontail-3 sector has prompted new interest to work…
Guyanese timber firm gets major boost from CEDA
May 11, 2021 A Guyanese timber exporting company increased exports by 10 percent and increased staff by over 20 percent with Caribbean Export Development Agency’s (CEDA) grant support help. Andre…
Guyana: Press Statement on 19th offshore oil discovery within the Stabroek Block
April 30, 2021 Vickram Bharratt, on behalf of the Government of Guyana and as Minister of Natural Resources with responsibility for the Petroleum Sector, it gives me great pleasure to…
ExxonMobil announces discovery at Uaru-2 offshore Guyana
April 27, 2021 Guyana potential increases to as many as 10 floating production storage and offloading vessels (FPSO) Estimated recoverable resource of approximately 9 billion oil-equivalent barrels to increase Six…
Invest in Guyana Virtual Forum Attracts Scores of International Interest
April 2, 2021 The Guyana Office for Investment (GO-Invest), in collaboration with the Caribbean Export Development Agency (Caribbean Export), Caribbean Association of Investment Promotion Agencies (CAIPA) and the Delegation of…
Guyana president slams Venezuela’s Maduro over disputed oil territory
By: Staff Writer January 12, 2021 President of Guyana, Dr. Irfaan Ali, Saturday responded sharply to Venezuela’s President Nicolas Maduro who, on Thursday, escalated rhetoric that Essequibo, which comprises almost…
Guyana still on track to topple Venezuela as Latin America’s 2nd largest oil producer
From: The Guyana Petroluem Digest January 5, 2021 Despite Venezuela’s proven oil reserves standing at a whooping 303 billion barrels – the largest in the world – Guyana, its English-speaking…
Guyana to strengthen public policy response to the COVID-19 pandemic with IDB support
Guyana will strengthen its public policy and fiscal management response to the COVID-19 health and economic crisis with a US$34m loan from the Inter-American Development Bank (IDB). The operation, the first of a…