Guyana’s oil windfall: Striking the right balance
-by David Clarke Guyana’s oil windfall has created unprecedented fiscal space, but with that comes a difficult question: how much should be saved, and how much should be invested? As…
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- Low Carbon Development Strategy
- Ministry of Natural Resources
- August 27, 2026
- 0 Comments
G-MEX 2026 Mining and Exploration Conference and Exhibition Launched
Guyana has embarked on a new journey with the launch of G-MEX, a significant milestone for our country. G-MEX has been created as an annual international mining investment platform, designed…
Largest Oil FPSO to enter Guyana’s waters this week -President Ali
-by Celestine Chacon The largest oil Floating Production, Storage and Offloading vessel is set to enter Guyana’s waters this week after sailing from Singapore. This development was announced by President…
Exxon President reveals US $3.6B spent in local companies in the pass 6 years
-by NaAsia Bristol More than US$3.6 billion has been spent with local companies since Guyana’s oil industry began, according to ExxonMobil Guyana President Alistair Routledge. Routledge says more than 2,000…
Guyana Crosses the One-Billion-Barrel Oil Milestone
-New FPSO to further boost production – Routledge -by NaAsia Bristol Guyana has crossed the one-billion-barrel oil production milestone, with production now nearing 900-thousand barrels per day. And with the…
NRF annual report tabled in Parliament; fund nears US$4 billion
The Natural Resource Fund (NRF) Annual Report for 2025 was presented to the National Assembly on Monday by Senior Minister in the Office of the President with Responsibility for Finance,…
Gov’t pushes for equal pay for Guyanese workers in Oil and Gas Sector
-by Kimberly Giddings The government is intensifying efforts to ensure Guyanese workers in the oil and gas sector receive equal pay as their foreign counterparts when performing the same jobs.…
New oil agreements deliver greater benefits
-as Guyana expands exploration – Min. Bharrat Minister of Natural Resources Vickram Bharrat says Guyana’s new oil agreements are designed to deliver greater benefits to the country compared with previous contracts. …
Guyana secures seat on international EITI board;will represent Caribbean, Latin America
The Government of Guyana (GoG) will be represented on the International Board of the Extractive Industries Transparency Initiative (EITI) for the next three years. Representing Guyana is Hon. Vickram Bharrat,…
- 2026
- ExxonMobil
- June 17, 2026
- 0 Comments
48 Local Content Plans Approved
-by Kimberly Giddings Forty-Eight local content plans were today approved and handed over to industry stakeholders. Local content plans have been approved for ExxonMobil Guyana, SBM Offshore, MODEC, CNOOC Limited,…
