Energy
Energy Human Development News

Exxon Mobil Hosts Open Door Event on Gas-to-Shore Project

By Samuel Gillis Exxon Mobil recently organized an open-door event aimed at explaining the safety considerations associated with the construction of a gas pipeline on the west side of Guyana. Held at the Aracari Resort, the event targeted neighboring communities to the Gas-to-Shore project. Friedrich Krispin, ExxonMobil’s Gas to Shore Manager, emphasized the importance of […]

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Energy Local Development News

Guyana Issues World’s First Carbon Credits for Airline Use, Jagdeo Announces

By Radha Motielall Earlier this week, the Architecture for REDD+ Transactions (ART) issued 7.14 million 2021 vintage carbon credits to Guyana, marking a significant milestone. Guyana now holds the world’s first carbon credits eligible for use by airlines, fulfilling the requirements for their inclusion in the International Civil Aviation Organisation’s global emission reduction program (CORSIA) […]

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Business and Economy Energy National Transformation News

Suriname-Guyana Chamber of Commerce Launched to Boost Economic Collaboration

By Samuel Gillis The Suriname-Guyana Chamber of Commerce (SGCC) has been officially launched with the aim of fostering collaboration and networking, as well as expanding economic trade between the two countries. The launch event, held at the Pegasus Corporate Centre, brought together key stakeholders from various sectors. The SGCC consists of businesses spanning sectors such […]

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Business and Economy Energy News

SGCC Lauds Energy Conference for Exposure and Business Connections

by Josiah Williams The Suriname Guyana Chamber of Commerce (SGCC) has commended the Guyana Energy Conference for providing valuable exposure and facilitating essential business connections. According to Chief Executive Officer Rahul Lildhar, participating members of the chamber have reported significant successes at this year’s energy conference and supply chain expo. Lildhar highlighted the diverse sectors […]

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Business and Economy Energy Local Development News

MODEC Inc. Establishes Presence in Guyana: Promising Job Opportunities and Economic Growth

By Samuel Sukhnandan MODEC Inc., a renowned global leader specializing in constructing and operating floating solutions for the offshore oil and gas industry, has set up operations in Guyana. Speaking exclusively to NCN News, the company’s Country Manager, Rafael Fumis, sheds light on their operations and future endeavors. MODEC Inc. secured a significant contract in […]

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Business and Economy Energy Local Development News

Blue Water Shipping Invests in Training Guyanese Youth in Supply Chain Operations

By Samuel Gillis In a move to bolster the capacity and skills of Guyanese youth in the field of supply chain operations, Blue Water Shipping, represented by Senior Vice President Jennifer Faulkner, has initiated a comprehensive training program both locally and internationally. Blue Water Shipping, a prominent organization offering logistic solutions and shipping services for […]

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Energy Local Development News

Saipem Guyana Inc to Expand Operations with New Construction Facility

By Josiah Williams Saipem Guyana Inc is set to bolster its operations with the establishment of a new construction facility on the newly constructed artificial island in Region 3 of the Demerara River. The announcement was made by Gianluigi Della Rosa, the Country Manager of Saipem Guyana Inc, during their technical forum on the final […]

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Business and Economy Energy News

Finance Minister Urges Investment in Long-Term Projects for Guyana’s Economic Growth

By Josiah Williams Finance Minister Dr. Ashni Singh has emphasized the importance of investing in long-term projects that can yield profits over the medium and long term, speaking at the Guyana Energy Conference and Supply Chain Expo. Addressing attendees on the third day of the conference, Dr. Singh highlighted Guyana’s robust economy, noting that both […]

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Energy National Transformation News

ExxonMobil President Emphasizes Strategic Investments in Guyana

By Samuel Gillis ExxonMobil Guyana President Alistair Routledge emphasized the importance of strategic investments in Guyana’s infrastructure and workforce training during his address at the ongoing energy conference and exhibition. He highlighted the significance of these investments in enhancing Guyana’s global competitiveness and ensuring a sustainable future for the country’s economy. Routledge commended the current […]

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Energy Local Development National Transformation News

Guyana Anticipates 50% Reduction in Electricity Rates by 2025

By Samuel Gillis During the Guyana Energy Conference and Supply Chain Expo, Winston Brassington, Consultant for the Ministry of Natural Resources, unveiled promising developments in the country’s energy sector. He announced that Guyanese citizens could expect a significant 50% reduction in electricity rates by mid-2025 with the commissioning of the gas-to-energy facility. Brassington highlighted the […]

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