Oil – NCN Guyana

Carbon credits sale not affected by Chevron purchase of Hess – Dr Jagdeo

by editor
October 27, 2023

Guyanese can rest assured that the funds from the sale of carbon credits are still intact, and Guyana will continue to benefit from these through several developmental initiatives. This is coming from General Secretary of the People’s Progressive Party, Dr Bharrat Jagdeo during his Thursday press conference at Freedom House, Robb Street, while responding to […]

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Wrong decision on power generation could cost Guyana tens of millions USD more – Dr Jagdeo

by editor
October 26, 2023

He said that between now and 2025, Guyana cannot tie up its assets by engaging in arrangements that would put projects like Amaila and Wales into reserve mode. Based on an assessment of one proposal, Dr Jagdeo cautioned, Guyanese would have paid some US$90 million to those emergency power suppliers for the cost of their infrastructure alone.

Business and Economy Energy Top Picks

Cabinet names successful oil block bidders

by editor
October 26, 2023

FOLLOWING today’s meeting, the Cabinet of Ministers has reviewed submissions from international consultants and the evaluation team, and has decided to award auctioned oil blocks to a number of companies, including local companies, according to General Secretary of the People’s Progressive Party (PPP), Dr Bharrat Jagdeo.