From the Blog

(GUYANA TIMES) While Guyana is in the midst of a currency crisis before first oil has even arrived, Caribbean Development Bank (CDB) Director of Economics, Dr Justin Ram has urged Guyana to guard against the impact that inflation driven by oil can have on the overall economy and exchange rate. Dr Ram was at the […]

(CNBC) BP upstream chief executive Bernard Looney will take the reins from CEO Bob Dudley early next year, with investors eager to understand what this means for the FTSE 100 giant. The U.K.-based oil and gas major announced Friday that Dudley, who has worked with BP for 40 years and held the position of CEO […]

(CNBC) India, the world’s third-largest oil consumer and importer, wants to reduce its reliance on oil — and working with Russia could help it achieve that, said Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan. The South Asian country imports around 80% of its oil needs, but Prime Minister Narendra Modi has said he […]

(KAIETEUR NEWS) Government has activated the twenty-four-hour National Emergency Operations Centre (NEOC) due to a breach of the sea defence, on the East Coast of Demerara, which resulted in flooding. This is the second time, since its formation in 2015, that the centre has been operationalised. The situation has affected approximately 400 households across 65 […]

(GUYANA TIMES) The University of Guyana has inked a collaborative agreement with Trent University for advanced academic and research programmes in sustainable transformation courtesy of CGX Energy Incorporated and Frontera Energy Corporation. At a launching ceremony on Thursday at the University of Guyana (UG) Turkeyen, Greater Georgetown Campus, it was announced that the partnership will […]

The Guyana National Bureau of Standards (GNBS) collaborated with the Government Electrical Inspectorate and the Competition and Consumer Affairs Commissioner yesterday, October 2, 2019, to host a Stakeholders’ Electrical Forum. The purpose of the forum was to sensitize importers, dealers and other key stakeholders on the thirty-one (31) new standards for electrical products which will […]

(FORBES) The US’s ongoing trade war with China could stymie the growth of LNG terminals in this country. All told, the US has 14 gas export projects totaling $118.4 billion hoping to come online by the end of 2020 but securing Chinese off-takers is at a stalemate. Of the 14 projects, eight have been approved […]

(DEMERARA WAVES) The Guyana Telephone and Telegraph Company (GTT) rolled out its 4G LTE mobile service to customers on Wednesday in selected areas of Guyana, saying it needed more spectrum to provide that upgraded mobile internet service for both 4G LTE and 5G. Speaking at the public launch of the service, which is available in […]

(GUYANA CHRONICLE) THOUGH a commitment was made by Trinidad and Tobago more than one year ago to remove swiftly, restrictions to commodities emanating out of Guyana such as honey, the trade issues between Guyana and the Twin Island Republic remain almost the same. However, Guyana’s Foreign Secretary, Carl Greenidge, said technical experts from both sides […]