News

Education Ministry and Peace Corps Guyana sign new agreement to support local education initiatives

The Ministry of Education on today signed a new seven-year agreement with Peace Corps Guyana to support education and learning across the country. The new agreement, which has received the full support of the Government and the United States Embassy here, is being regarded as a “renewing of vows. The US Peace Corps has been supporting several […]

Venezuela’s ongoing claim to Guyana’s territory stalling maritime boundary talks with other countries

Guyana’s Minister of Foreign Affairs, Carl Greenidge on Monday said Venezuela’s relentless claim to this country’s Essequibo region and its accompanying oil rich maritime space was also stalling maritime boundary talks with other neighboring countries with which Guyana share maritime boundaries. Greenidge is confident, however, that much of the issues related to resolving maritime boundaries […]

Robert Persaud urges “less bickering and finger pointing” and collective approach for “Real Prosperity” with Oil production

In wake of today’s announcement by ExxonMobil that the estimate for the Stabroek Block has been increased to 4 billion barrels of oil, former Natural Resources Minister Robert Persaud is urging that there be “less bickering [and] finger pointing” ahead of production. Persaud shared this sentiment in a Facebook post earlier today, where he said […]

Exxon increases Stabroek Block estimate to 4 Billion barrels of oil

IRVING, Texas–(BUSINESS WIRE)– The ExxonMobil oil company today announced that it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases. The increase follows completion of testing […]