Demerara Bank reports $2.4B pre-tax profit for 2023 first quarter

Demerara Bank Limited has reported a $2.4B pre-tax profit for the first quarter of 2023. The financial institution attributed this growth to the positive...

Expressions of Interest already rolling in for excess gas from Wales Gas-to-Energy Project –...

Guyana’s Vice President, Dr. Bharrat Jagdeo recently revealed that the demand for excess gas from the country’s US$2B Gas-to-Energy initiative is already secured throughout...

SBM & ExxonMobil Guyana sign 10-year agreement for FPSO fleet operations

ExxonMobil Guyana has entered into a 10-year Operations and Maintenance Enabling Agreement with Dutch floater specialist, SBM Offshore for the maintenance and operation of...

More oil money to flow Guyana’s way from 14 oil blocks with application of...

Vice President Dr. Bharrat Jagdeo recently affirmed that Guyana's improved fiscal take from the 14 oil blocks now up for grabs in the nation’s...

Using a 300-megawatts solar power plant instead of Gas-to-Shore Project an impossible proposal –...

Following claims made by Energy Technologist, Alfred Bhulai that a solar plant would be a cheaper alternative for the planned Gas-to-Shore project at Wales,...

After 99 years of searching, Guyana unlocks multibillion barrel oil reserve; hopes to replicate...

By Sueann Wickham Guyana has become a focal point for global discussions on the oil and gas industry, thanks to the discovery of vast oil...

Oil resources at Exxon’s Uaru project worth staggering $13 Trillion at current price per...

By Sueann Wickham ExxonMobil Corporation’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) along with its Stabroek Block partners are advancing steps to produce some...

Govt. completes amendments to Liza Phase 1 plans to support US$2B gas-to-energy project

The Government of Guyana has completed the necessary amendments to the Field Development Plan (FDP) for the Liza Phase One Project to ensure all...

Farfan and Mendes, Soventix Caribbean receive prestigious CREF Award for Lethem Solar Project

Farfan and Mendes Ltd, a leading provider of industrial equipment and supplies in Guyana, along with Soventix Caribbean, yesterday received an award for the...

Nothing standing in Guyana’s way to audit Exxon’s bills – VP Jagdeo

Vice President, Dr. Bharrat Jagdeo, has assured that nothing is standing in the way of Guyana's ability to audit ExxonMobil Corporation's expenses in the...

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