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January 19, 2024
Vice President Dr. Bharrat Jagdeo on Thursday projected that Guyanese will save about US$100 million (or about GY $21 billion) each year when electricity rates are cut in half after the Wales gas-to-energy project becomes operational.Jagdeo, at a pre
January 19, 2024
Singapore’s Offshore Frontier Solution – a joint venture between MODEC and Toyo Engineering Corporation – has awarded ABB…
January 18, 2024
<p>ABB will deliver the topside and hull electrical systems to ExxonMobil&rsquo;s new floating production storage and offloading (FPSO) vessel in the Uaru oil field.</p>
January 17, 2024
The 4th-quarter results will be released in a few weeks, so it is time to examine the company's fundamentals
January 16, 2024
Lisa Outar reviews Lakshmi Persaud’s Daughters of Empire in this article from the Stabroek News. Born in Port Mourant, Guyana and living in the US since 1985, Dr. Lisa Outar has a B.A. from Princeton University and an M.A. and a Ph.D. from the University of Chicago. She teaches at St. John’s University in the…
January 16, 2024
On Monday, the Guyana government presented its colossal GUY$1.146 trillion national budget for the upcoming year, marking a significant 46% increase over the previous fiscal plan. Spearheaded by Finance Minister Dr. Ashni Singh, this fifth fiscal package emphasizes comprehensive development across key sectors including energy, agriculture, health, and infrastructure.
January 16, 2024
Guyana said it expects to receive some $2.1 billion from oil exports and $320 million from royalties this year as crude production continues to rise, an increase from the $1.62 billion received in...
January 16, 2024
Guyana said it expects to receive some $2.1 billion from oil exports and $320 million from royalties this year as crude production continues to rise…
January 16, 2024
South American nation’s gross domestic product is expected to increase by 34.3 per cent in 2024
January 12, 2024
Energy companies are highly cyclical. Their profits expand during periods of economic expansion and contract swiftly during downturns. After re...