Tag: Guyana

SPORTS

Guyana Gets Hosting CPL Final Rights

The Caribbean Premier League (CPL) has awarded the hosting rights of the final of the competition to Guyana for the next three years. Starting this year and up to 2024, the Guyana National Stadium will host the knock-out stages and final of the CPL. CPL organizers decided on Guyana as the venue for the finals for the next three years […]

NEWS

Bids On For Guyana’s Gas-To-Energy Project

Guyana has received bids from Trinidad and Tobago, Brazil, the United States, and China for the pre-qualification for its US$900 million gas-to-energy project. Twelve bids from local, regional and international firms were submitted. A government statement said the rationale for the combination of the power plant and the Natural Gas Liquids facilities is guided by findings by Esso Exploration and […]

BUSINESS

Guyana Gone Coconuts

Guyana has rachet up their export in coconuts selling more than $2.5 billion worth of coconut and coconut byproducts last year, representing a $600 million increase compared to the $1.9 billion exported in 2020. In a recent press release, the Ministry of Agriculture said that virgin coconut oil exports stood at $685 million while export earnings for dried coconuts totaled […]

NEWS

Guyana Ratchets Up Economic Growth

The Guyana economy grew by 14.5 percent during the first six months of this year. This is according to the mid-year report released by the country’s Ministry of Finance. Senior Minister of Finance Dr. Ashni Singh is expected to table the report at the first sitting of the National Assembly when legislators return from their annual recess. Earlier this year, […]

NEWS

Guyana In New School Opening Uproar

Following a three-day strike called by the Guyana Teachers Union (GTU) to protest the lockout or removal of teachers from schools because they are not vaccinated or do not have a negative COVID test. The government has said that teachers who supported the strike action will not be paid. According to press reports, the GTU General Secretary, Coretta Mc Donald, […]

NEWS

Guyana Gushes More Oil

Following the U.S.-based oil firm, ExxonMobil, recent announced discovery of high-quality oil-bearing sandstone reservoirs. The Government of Guyana has welcomed the new find of oil reserves within the Stabroek Block offshore. It noted that this will add to the previously announced gross discovered recoverable resource estimate of more than nine billion oil-equivalent barrels. Vickram Bharrat, Natural Resources Minister with responsibility […]

BUSINESS

Guyana Keeps Gushing Oil

Oil company giant ExxonMobil recently reported its twentieth oil discovery on the offshore of Guyana. The latest find was made at the Longtail-3 site in the Stabroek Block. Vickram Bharrat, Guyana’s Minister of Natural Resources with responsibility for the Petroleum Sector, said the discovery will add to the previously announced gross discovered recoverable resource estimate for the block, which is […]

NEWS

Guyana Gushes More Oil

Guyana’s Government has announced the country’s latest oil discovery within the Stabroek Block offshore Guyana. Natural Resources Minister Vickram Bharrat said the 19th offshore oil discovery will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be more than nine billion oil-equivalent barrels. Mr. Bharrat said the new development in Guyana […]

NEWS

Guyana Says No To Taiwan, Yes To China

Guyana ended an agreement with Taiwan to open an office in the South American country on Thursday after facing pressure from China to end the relationship. Taiwan’s foreign ministry had announced earlier that it had signed an agreement with Guyana to open an office in the country. However, Beijing seized upon the plan, claiming Guyana must correct their mistake. Beijing […]

POLITICS

Venezuela And Guyana In Tangle Over The Rich Territory Of Essequibo

The tension between Venezuela and Guyana is becoming increasingly evident. Last weekend, a Venezuelan military vessel intercepted and captured two Guyanese fishing boats alleging that the vessels were in its territorial waters. Guyana denied this, arguing that both vessels were operating within its jurisdiction. The incident is the latest chapter in a more than 100-year conflict over the territory of […]