In a bid to fortify protections against environmental and economic repercussions, Guyana has bolstered its oil permitting regulations, as announced by Kemraj Parsram, Director of the Environmental Protection Agency (EPA). Parsram reflected on Guyana’s journey since granting its first oil permit in 2017, highlighting the initial lack of experience in drafting comprehensive guidelines. However, leveraging […]
ExxonMobil Guyana Limited has unveiled its 2023 Annual Report, showcasing a remarkably successful financial year marked by increased production and profits despite the backdrop of lower global oil prices. According to Phil Rietema, Vice President and Business Services Manager at ExxonMobil Guyana Limited, the company experienced a highly successful 2023, with both production and profits […]
By Royan Abrams Residents of New Forest in Canje are set to receive electricity for the first time by July this year. This announcement was made by Dr. Ashni Singh, the Senior Minister within the Office of the President with Responsibility for Finance and Public Service, during a recent community meeting. The need for electricity […]
As the world’s largest countries continue to embrace Artificial Intelligence (AI) to drive technological advancements, concerns are being raised about the potential negative impact of AI on mental health. Gene Munster, co-founder of Deepwater Asset Management, a US technology investment company, warns of the significant disruptions that the AI revolution could bring to mental well-being. […]
By Samuel Sukhnandan The government has directed $200 billion, equivalent to one-third of its earnings from the petroleum sector, towards the growth and development of the housing industry. This investment aims to make house lots more affordable for the public. General Secretary of the PPP, Dr. Bharrat Jagdeo, provided these details during his weekly press […]
Royan Abrams The Guyana Energy Agency (GEA) organized an electric vehicle showcase at the University of Guyana Berbice Campus, underscoring Guyana’s commitment to embracing renewable energy and sustainable transportation solutions. Prime Minister Mark Phillips delivered remarks at the event, emphasizing the importance of keeping pace with the global shift towards electric vehicles (EVs) and renewable […]
By Samuel Sukhnandan The government is taking steps to enhance the national grid’s power capacity to meet the growing demands across the country. Dr. Bharrat Jagdeo, General Secretary of the ruling People’s Progressive Party (PPP) and Vice President, announced this initiative during his weekly press conference at Freedom House. To address immediate energy needs, the […]
By Nakasia Logan Prime Minister Mark Phillips and Senior Finance Minister Dr. Ashni Singh recently embarked on a tour of the Power Ship, which has docked at Everton, West Bank Berbice. The power ship, which arrived from Cuba, is expected to contribute 36 megawatts of electricity to the Demerara Berbice Interconnected System. During the tour, […]
By Saskia Warrick As the 36-megawatt (MW) Powership gears up for its anticipated arrival tomorrow, May 1st, Guyana Power & Light Inc. (GPL) is diligently wrapping up preparatory works. According to Acting Chief Executive Officer of GPL, Kesh Nandlall, all preparations are progressing smoothly without any significant delays. Nandlall reassured the public that the Powership […]
By Royan Abrams Today, NCN News ventured to Everton, Berbice, to observe the ongoing preparations for the installation of a power ship. At the site in Everton, significant groundwork is underway, including land clearing and the installation of utility poles, to pave the way for the arrival of the power ship. This location has been […]