US$600M Vreed-en-Hoop port to be ready in three years; construction phase to provide 220...

  NRG Holdings Inc., a 100-percent Guyanese-owned consortium comprising Hadi’s World Incorporated, National Hardware Limited and ZRN Investments Incorporated, has disclosed its US$600M Vreed-en-Hoop Port...

High Banking rates preventing small businesses from accessing oil and gas supply chain-GCCI President

Local businessmen, who are eager to get a slice of the oil and gas pie, are finding it difficult to do so given the...

TechnipFMC secures major subsea contract for Exxon’s Uaru Project

UK conglomerate TechnipFMC has secured a substantial contract with Esso Exploration and Production Guyana Limited (EEPGL), ExxonMobil's local affiliate, to supply the subsea production...

Foreign currency transactions increased by whopping US$3.5B during first quarter

Bank of Guyana recently disclosed that foreign currency transactions saw a 27.0 percent jump during the first quarter of 2023. This represents US$3.5B worth...

Second audit of ExxonMobil’s US$7.3B expenses could reveal more contestable costs – Opposition Advisor

The political opposition is of the firm conviction that the second ongoing audit of ExxonMobil's expenses, if conducted correctly, may reveal more contestable expenditures...

Locally produced Rice Cereal rakes in over $30M in sales

After more than six months on the market, the local rice cereal ‘Morning Glory’ has recorded sales ranging from $30Million to $35Million. On Wednesday, ANSA McAL...

Rice cultivation to exceed 710,000 tonnes by year-end- Min. Mustapha

Guyana’s rice sector is experiencing a remarkable increase in production with cultivation set to exceed 710,000 tonnes by year-end. Minister of Agriculture, Zulfikar Mustapha...

Two Gas-to-Energy contractors initiate legal proceedings for US$90M in cost overruns

‌Two contractors hired by the Guyana Government for the construction of the imminent gas-to-energy project have filed for arbitration over cost overruns to the...

Indian govt. approves MoU for oil sector collaboration with Guyana

The Government of India has officially approved the signing of a 5-year Memorandum of Understanding (MoU) with Guyana, marking a significant move in the...

Guyanese, T&T joint venture secures permit to do radiographic testing services for gas-to-energy project

GO NDE Inc. is officially the first company permitted by the Environmental Protection Agency (EPA) to provide radiographic testing for the growing oil and...

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