Category: Business News

gcci, oil and gas| September 9, 2019| Post by: Georgetown Chamber of Commerce

OPEC+ deal can last ‘until death do us part,’ Saudi energy minister says

(CNBC) OPEC’s deal to curb oil production with non-OPEC allies, including Russia, can last the test of time, Saudi Arabia’s new energy minister said Monday. “Now we have a bigger […]

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September 9, 2019| Post by: Georgetown Chamber of Commerce

Importers should not use the name of the GNBS to promote products – GNBS

(GUYANA TIMES) – The Guyana National Bureau of Standards (GNBS) on Sunday said as the Christmas season approaches, importers are stocking up but in doing so, it has warned businesses […]

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agriculture, agro-processing, gcci, guyana, india| September 9, 2019| Post by: Georgetown Chamber of Commerce

Local agro-processers can benefit from India/Guyana relations – New India High Commissioner

(KAIETEUR NEWS) – Guyana can benefit from India‘s expertise in the area of agro—processing, says newly accredited High Commissioner of India to Guyana, Dr. K.J Srinivasa. Newly accredited High Commissioner […]

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energy, gcci, gpl, guyana, south america| September 9, 2019| Post by: Georgetown Chamber of Commerce

Govt moves to amend GPL licence

(GUYANA CHRONICLE) – WITH the Guyana Power and Light Inc (GPL) seeking partnerships to remedy its shortfalls in power generation, the government through the Ministry of Public Infrastructure, is moving […]

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exxon, gcci, guyana, oil and gas, south america| September 9, 2019| Post by: Georgetown Chamber of Commerce

UK firm wins contract to audit Exxon’s US$960M pre-contract costs

(KAIETEUR NEWS) – IHS Markit Limited, a London-based firm, has been recruited by the Energy Department to audit billions of dollars ExxonMobil and its partners said, they invested in the Stabroek […]

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September 9, 2019| Post by: Georgetown Chamber of Commerce

GRA will level playing field for local suppliers in oil sector – Statia

(KAIETEUR NEWS) – Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia, says he is a proponent for local companies being given a fair opportunity to compete alongside foreign […]

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business, gcci, guyana, local content, oil and gas, policy, south america| September 8, 2019| Post by: Georgetown Chamber of Commerce

Draft policy lacking provisions to ensure effectiveness of companies’ local content plans

(KAIETEUR NEWS) – The third and current draft of the Department of Energy’s local content policy leaves much to be desired. So far, Kaieteur News has uncovered a series of […]

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gcci, guyana, oil and gas, policy, south america| September 8, 2019| Post by: Georgetown Chamber of Commerce

NRGI’s criticisms of natural resource fund act are ill-informed, says Finance Minister

(KAIETEUR NEWS) – Finance Minister, Winston Jordan, has come out against certain criticisms made by the Natural Resource Governance Institute (NRGI) in its report on Government’s Natural Resource Fund Act. […]

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gcci, guyana, oil and gas, south america| September 8, 2019| Post by: Georgetown Chamber of Commerce

Westmount Energy seeks investors for Guyana/Suriname basin drilling

(STABROEK NEWS) – United Kingdom-based Westmount Energy Limited is boasting of Guyana’s potential oil reserves as it seeks investors for its projects in the Guyana/Suriname basin, which include the drilling […]

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business, gcci, guyana, guyoil, oil and gas, south america| September 8, 2019| Post by: Georgetown Chamber of Commerce

Finance minister urges GUYOIL to prepare for O&G opportunities

(OIL NOW) – Guyana’s finance minister Winston Jordan has urged the Guyana Oil Company (GUYOIL) to prepare itself to capitalize on opportunities in the South American country’s burgeoning oil and […]

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