The more than US$1 billion gas-to-shore project would not immediately produce ammonia and urea because the amount of available gas would be just sufficient to power the electricity generation plant that would be built at Wales, West Bank Demerara, the Ministry of Natural Resources said. ‘There is no commitment yet from Exxon to bring additional gas at this point in ...

The opposition Alliance For Change (AFC) and the Guyana government have disagreed over whether the administration should sell its share of oil directly or hire another crude marketer. Amid the AFC’s criticism that the government does not have the capacity to do so on its own and that Guyana would not save by cutting out the marketer, Minister of Natural ...

Barbados’ Prime Minister, Mia Mottley, on Tuesday proposed that new fossil fuel exporters like Guyana set aside at least 10 percent of their revenues into a fund for renewable energy, an idea that President Irfaan Ali said would require detailed study. “We believe that we should propose an accord among the new energy exporters to invest more than 10 percent ...

The Alliance For Change (AFC) on Monday said it was keen on nominating an expert to be a member of the Board of the Natural Resource Fund (NRF) to scrutinise spending of the oil money, while maintaining that the new NRF Act was badly structured and rammed through the House. “Good politicians that like good governance then realise that, although ...

A Democracy and Governance Assessment prepared for the United States Agency for International Development (USAID) says Guyana’s two major political parties need to engage in power-sharing in order to manage the country’s oil wealth efficiently. Dated August 2021, the assessment cited the for the two major political parties to abandon the current majoritarian political model in which the party with ...

Article 13- a Guyanese, the  pro-inclusionary democracy organisation, on Sunday took the Guyana government to task for removing Dr Rudy Jadoopat as the Coordinator  of the Guyana Extractive Industries Transparency Initiative (GYEITI) on the fake grounds that he is a member of the Alliance For Change (AFC). The non-governmental organisation indicated that it was perplexed at the Ministry Natural Resources ...

A former Indigenous Peoples Ministerial Advisor, Mervyn Williams has dismissed claims by Vice President Bharrat Jagdeo that Amerindian people enjoy the rights to minerals. In an interview with the United States-based Vice News, Mr. Jagdeo had said that the Amerindian Act provides for Amerindians to have subsurface rights. “We are one of the few countries in the world that gave ...

Although the COVID-19 curfew has been discontinued with immediate effect, the Official Gazette continues to prohibit a range of activities including parties but allows certain activities for a maximum of 10 persons. The new order made under the Public Health Ordinance, like the previous orders, states that no person shall, host, attend or visit a private party, banquet, ball or ...

IRVING, Texas – ExxonMobil today said it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. Production at the Liza Unity floating, production, storage and offloading (FPSO) vessel is expected to reach its target ...

As expected, the COVID-19 curfew was Friday lifted by the National Task Force,  less than one day after President Irfaan Ali indicated that that would have been done. “The national curfew has been  lifted with immediate effect,” the Task Force said. The Task Force, which has for several months been struggling to enforce the measures adequately across Guyana, said that ...