GRA slaps Ramps Logistics with $20M fine for exporting goods to T&T without clearance
The Guyana Revenue Authority (GRA) has slapped Ramps Logistics Guyana Inc. with a $20M fine for exporting a quantity of goods to Trinidad and...
Ramps Logistics made several attempts to skirt Local Content Law – Source
The mood within the Government of Guyana is that it will spare no efforts in ensuring that all the provisions of the Local Content...
Rent-a-citizen phenomenon has no place in Guyana’s growing oil sector – GCCI
The Georgetown Chamber of Commerce and Industry (GCCI) said today that it fully supports the efforts of the Guyana Government to ensure regional and...
Ramps Logistics threatens Govt. with legal action over denial of local content certificate
Ramps Logistics, a Trinidadian company operating in Guyana for several years now, believes it is suffering a great injustice at the hands of the...
Guyana earned more profit oil than Exxon, partners last year- Vice President
In light of a recent financial review in some sections of the media which concluded that the Stabroek Block joint venture partners made more...
Gas-to-Energy Project to retain more value lost via Stabroek Block PSA- Jagdeo
Instead of taking the contentious route of renegotiation, Guyana is banking on its Local Content Policy and the imminent Gas-to-Energy Project to claw back...
Int’l Consultant to help Govt. manage Gas-to-Energy Project
Vice President, Dr Bharrat Jagdeo recently disclosed that the government will seek the assistance of an international consultant to help manage the transformative gas-to-energy...
Foreign companies caught posing as Guyanese to benefit from Local Content Law – VP...
Foolproof provisions in the Local Content Law seem to be working in the government’s favour as it has easily identified companies and persons trying...
Cash-strapped CGX to relinquish Demerara, Berbice Blocks
Frontera Energy Corporation and its cash-strapped partner, CGX Energy Inc., have reached a mutual agreement with the Government of Guyana to relinquish the Demerara...
Flaring challenges at Liza Destiny to end in mid-July – Exxon assures
ExxonMobil Guyana has assured that the flaring issues plaguing the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel since 2020 are scheduled to...
