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The Chevron oil company, which is a major player in the global oil industry, has indicated that it is extremely proud to be a part of the Guyana’s extraordinary story in the oil and gas sector. Chevron acquired HESS – one of three partners in the Stabroek Block Offshore Guyana – in July 2025 at […]
U.S oil giant, ExxonMobil has announced its readiness to accelerate the development of Guyana’s natural gas, with company officials noting that while oil generates revenues through export, natural gas can broaden the impact. Speaking at one of the first sessions of the Guyana Energy Conference today, President of ExxonMobil Upstream Company, Dan Ammann, said it […]
Banks DIH Limited has announced that it will appeal the decision of the High Court to grant an injunction barring it from implementing a 15% cap on shareholder voting power. At its Annual General Meeting on Saturday at Thirst Park, the company had planned to amend its by-laws to cap shares purchase at 15%. However, […]
Of the 506 complaints received by the Competition and Consumers Affairs Commission last year, 156 were related to the auto industry, which includes sales, repairs and parts. In a statement today, the Consumers Affairs Commission indicated that complaints against the auto industry totaled more than $312 million in value. Reflecting on its 2025 work, the […]
Local telecommunications giant, One Communications, has announced the appointment of Abraham Smith as its new Chief Executive Officer. In a statement this morning, One Communications indicated that Smith brings more than two decades of senior leadership experience across the Caribbean and Latin America, including recent CEO-level stewardship of one of the region’s largest and most […]
One of Guyana’s largest conglomerates, Banks DIH Limited, has recorded an after-tax profit of $9.8 Billion for the year 2025. It is a minimal increase in the after-tax profit of 2.3%. The before tax profit was $13.7 Billion as compared to $13.4 Billion in 2024, thereby increasing by just over 3%. In 2025, the company […]
Regional carrier, InterCaribbean Airways, has officially launched its scheduled service to the Eugene F Correia International Airport, Ogle from Barbados. The airline has been operating in Guyana through the Cheddi Jagan International Airport, Timehri. To mark the launch of the Ogle service, the airline dedicated its specially painted “Spirit of Guyana” aircraft. The “Spirit of […]
By Svetlana Marshall The Government of Guyana, through the Ministry of Natural Resources, today signed off on a Production Sharing Agreement (PSA) for a shallow-water Block offshore Guyana with a consortium comprising TotalEnergies, QatarEnergy and PETRONAS. It is the first PSA to be inked since the signing of the Production Sharing Agreement with U.S oil […]
The Auditor General, in his report on the Public Accounts of Guyana for 2024, revealed that that the Government is still to recover $121.7M from Tepui Group Inc after it rescinded the controversial multi-million-dollar Belle Vue Pump Station Contract from the company owned by social media commentator, Mikhail Rodrigues, aka “Guyanese Critic”. According the Report […]
The Georgetown Chamber of Commerce has commissioned its Micro and Women Entrepreneur Learning Centre, in keeping with its mandate to support the growth and development of small businesses, in particular, women-led businesses and farmers. The Learning Centre was developed through a partnership with the World University Services of Canada (WUSC) with funding from Global Affairs […]
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