Energy
Business and Economy Energy News

Minister Bharrat Calls Gas-to-Energy Project Most Transformative in Guyana’s History

By Celestine Chacon | February 5, 2025 Minister of Natural Resources, Vickram Bharrat, has described Guyana’s Gas-to-Energy project as the most transformative initiative in the country’s history. His remarks were made during an appearance on the “Energy Perspective” podcast hosted by Kiana Wilburg, CEO of the Guyana Energy Conference. Minister Bharrat highlighted the government’s strategic […]

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Business and Economy Energy Local Development News

$141.5B Approved for OPM to Advance Gas-to-Energy and e-ID Projects

By Delicia JanneireFebruary 4, 2025 The National Assembly has approved $141.45 billion in budgetary allocations for the Office of the Prime Minister, paving the way for significant advancements in the Gas-to-Energy (GTE) project at Wales and the electronic identity card (e-ID) initiative. Of the total sum, $51.2 billion has been allocated for the second phase […]

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Business and Economy Energy News

Ministry of Natural Resources to Ramp Up Land Reclamation Efforts

By Saskia WarrickFebruary 1, 2025 The Ministry of Natural Resources will intensify its land reclamation efforts and enhance monitoring in mining districts to curb environmental infractions. Minister Vickram Bharrat made the announcement while detailing his ministry’s budgetary allocations in the Committee of Supply on Friday. This year, an additional $300 million has been allocated for […]

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Energy National Transformation News

$88 Billion Allocated to Boost Guyana’s Energy Sector in 2025

By Delicia Janneire, January 18, 2025 In the 2025 national budget, a significant allocation of 88 billion dollars has been earmarked to advance and diversify Guyana’s energy sector. The funds, announced by Minister of Finance Dr. Ashni Singh, are aimed at expanding ongoing projects and introducing new initiatives to enhance the country’s energy infrastructure. A […]

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Energy Low Carbon Development National Transformation News

Project Her Guyana: Empowering Women in Project Management

By Kimberly Giddings, January 15, 2025 Green State Oil and Gas Services Inc. is launching its flagship initiative, Project Her Guyana, with an empowering one-day workshop titled “Recognising and Inspiring HER in the Field of Project Management.” The event, scheduled for March 29, aims to support and inspire women in project management by providing valuable […]

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Energy Human Development National Transformation News

Local Content App to Empower Guyanese for Oil and Gas Sector Jobs

By Delicia Janneire, January 15, 2025 The government is set to launch the Local Content App in February, aimed at making it easier for Guyanese to access information on job opportunities within the oil and gas sector. This initiative is part of the ongoing efforts to ensure that Guyanese are well-equipped and certified for roles […]

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Business and Economy Energy News

Guyana Secures US$527 Million Loan from US EXIM Bank for Gas-to-Energy Project

By Delicia Janneire | January 11, 2025 Guyana has taken a significant step forward in its energy development with the signing of a US$527 million loan agreement with the United States Export-Import (US EXIM) Bank for the Gas-to-Energy (GTE) project. The agreement was formalized on Friday during a ceremony at the project site in Wales, […]

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Business and Economy Energy National Transformation News

Prime Minister Confident Gas-to-Energy Project Will Meet Deadline

By Delicia Janneire | January 8, 2025 Prime Minister Brigadier Retired Mark Phillips is optimistic that the Gas-to-Energy (GTE) project will meet its completion deadline, despite ongoing progress and logistics. Speaking at his year-in-review press conference this week, the Prime Minister provided updates on several key energy projects, including Gas-to-Energy and the Amaila Falls Hydropower […]

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Energy Local Development News

New Forest Residents to Receive Electricity This Month

By Delicia Janneire, December 7, 2024 Residents of New Forest in East Canje, Berbice, will soon experience the convenience of electricity for the first time, with the service expected to be provided just before Christmas. Finance Minister Dr. Ashni Singh announced this during an outreach session with the community. The initiative is part of the […]

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Energy Local Development News

Solar Farm Commissioned in Mahdia

December 7, 2024 Guyana is advancing towards a renewable energy future with the commissioning of a 0.65-megawatt grid-forming solar photovoltaic farm in Mahdia, Region Eight. The $362.41 million project, funded by the Inter-American Development Bank, aims to provide sustainable energy, reduce costs, and lower carbon emissions. The solar farm is projected to save $80.5 million […]

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