ExxonMobil granted license for sixth offshore development

The Guyana Government has approved a Petroleum Production License to the Stabroek Block operator, ExxonMobil, for its sixth development offshore Guyana, at Whiptail.  The US$12.7 billion development is expected to produce 250,000 barrels of oil daily, bringing daily production to 1.3 million by the end of 2027. A release from the Ministry of Natural Resources […]

United Airlines pushes connectivity to multiple destinations with Guyana service launch

United Airlines has started its schedule service between Houston, Texas and Georgetown. With the airline serving more than 150 destinations worldwide, it intends to push the ease of connectivity through the Houston hub for the Guyana market. At a reception to celebrate the start of the airline’s service to Guyana, United’s Senior Vice President of […]

P.F. Changs Restaurant to open in Guyana in May

The Corum Group company has announced that it has acquired the rights for the opening of the popular P.F Changs restaurant in Guyana, as well as in Jamaica, Barbados and the Cayman Islands. The first restaurant is set to open its doors in Guyana in May on High Street, Kingston in Georgetown. The popular Asian […]

GBTI records $3 Billion in after-tax profits for 2023

The Guyana Bank for Trade and Industry has announced that it recorded $3 Billion in profits in 2023. The bank said its improved performance was driven by prudent cost management and a focus on improving operational efficiency. Chairman of the Board of Directors, Robin Stoby said he is pleased to report that the bank has […]

Government blanks Hicken and Brutus’ sand pit applications

The hopes of Acting Police Commissioner Clifton Hicken, and Acting Deputy Commissioner Calvin Brutus of setting up sandpit operations on the Soesdyke-Linden Highway have been dashed with the Vice President Bharrat Jagdeo telling reporters today that “it is not going to happen.” According to the project documents published by the Environmental Protection Agency (EPA), both […]

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