Oil & Gas
GNBS to begin crude oil testing this monthGuyana now has the capacity to test crude oil being produced offshore with the Guyana National Bureau of Standards (GNBS)…
C'bbean private sector body adamant in taking up Guyana’s Local Content laws with CARICOMThe CARICOM Private Sector Organisation (CPSO), which has been facing a barrage of criticisms from local private sector players, is…
Beharry sets the record straight, says fully supports Guyana’s Local Content lawProminent Guyanese businessman who is an Executive Member of the CARICOM Private Sector Organization (CPSO) Suresh Beharry has stated his…
Tucker laments double standard of ‘handpicked’ Caribbean private sector bodyThe CARICOM Private Sector Organisation (CPSO), a body characterised as the region’s apex private sector institution, has been accused of…
Local content law is no roadblock for foreign companies – GCCI head Guyana’s new Local Content law is viewed as a crucial tool to help Guyanese companies benefit from the new oil…
‘Role remains’ - no scaling back on work for Exxon’s Business Centre with new local content lawsThe ExxonMobil controlled Centre for Local Business Development (CLBD) says its role remains and there will be no scaling back…
Oil discoveries: Level of success in Guyana ‘not normal’ - Exxon HeadThere have been 27 profitable discoveries in the Stabroek Block, offshore Guyana. While the announcements of new oil discoveries seem…
‘New oil discoveries will strengthen Guyana’s global position’ - BharratTwo more commercially-viable oil discoveries were announced by oil giant ExxonMobil on Wednesday and Guyana’s Minister of Natural Resources Vickram…
Two new oil discoveries add to Guyana’s massive potentialOil giant ExxonMobil has announced that two new commercially- viable discoveries have been made at the Fangtooth-1 and the Lau…
President signs Natural Resource Bill into lawAfter the successful passage of the PPP/C government's amendments to the Natural Resource Fund (NRF) Bill in the National Assembly…
‘Rapid progression’ for local manufacturers with two new laws governing oil sector – GMSAThe GMSA, made up of the country’s largest manufacturers and service providers, says the recently passed laws governing how oil…
Finance Minister Ashni Singh’s successful piloting of NRF legislation sets Guyana well on the path to economic prosperitySenior Minister within the Office of the President with responsibility for Finance Dr. Ashni Singh successfully piloted the amendments to…
BREAKING: Amendments to Natural Resource Fund Act passedThe amendments brought by the PPP/C government to amend, simplify and make more transparent the existing Natural Resource Fund (NRF)…
Historic Local Content Bill passed with amendments after rigorous debateAfter 15 speakers and more than six hours of heated debate in the National Assembly on Wednesday, the Local Content…
Guyana Oil and Gas Energy Chamber backs Natural Resource Fund BillThe Guyana Oil and Gas Energy Chamber has backed the Natural Resource Fund Bill. Below is a statement from the…
Private Sector supports passage of Natural Resource Fund BillThe Private Sector Commission (PSC) on Wednesday backed amendments proposed to the Natural Resource Fund Bill which when passed will…
‘Explosion of business’ possible with Berbice deep water port - CGXThe multimillion deep water port being built aback Seawell village in Berbice could become a major hub for oil and…
Gov’t agrees to 10 of 14 amendments put forward by Opposition to Local Content BillMinister of Natural Resources Vickram Bharrat confirmed Wednesday that the government has agreed to support 10 of 14 amendments proposed…

