Guyana

A University of Oxford Professor of Economics and Public Policy on Wednesday urged Guyana to guard against lavish spending of oil earnings on consumer items which would result in a re-valuation of the Guyana dollar that would make other traditional exports noncompetitive. “If you spend it throwing a ...

GEORGETOWN, Guyana (CMC) — The 24th Inter-American Congress of Ministers and High-Level Authorities on Tourism (CITUR) began here yesterday with President David Granger urging that the Americas be promoted as a zone of peace. “The promotion of sustainable tourism initiatives and the ...

Guyana's story shares many similarities with the story of the ugly duckling. One of the poorest countries in South America, it has historically been entirely dependent on oil imports. In the past three years though, Guyana has sprung up as one of the hottest oil spots in the region, with ExxonMobil alone ...

Three major oil companies preparing to drill off the shores of Guyana, where a string of discoveries have sparked a rush for crude, are being challenged by a group of citizens who say their dash for oil is illegal. Lawyers acting for the Guyanese campaigners are to lodge the latest challenge in a court in ...

ExxonMobil has handed Danish logistics player Blue Water Shipping a services contract related to its Liza phase one oilfield development off Guyana. The US supermajor has hired Blue Water to provide logistics services, customs handling and local deliveries for the first-phase field development on its ...

"The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on cooperation in Renewable Energy between India and Guyana," an official statement said. The MoU was signed on January 30, 2018 here by Power and New & Renewable ...

GEORGETOWN, Guyana (CMC) — The 24th Inter-American Congress of Ministers and High-Level Authorities on Tourism (CITUR) began here on Wednesday with President David Granger urging that the Americas be promoted as a zone of peace. “The promotion of sustainable tourism initiatives and the ...