Wales could become blueprint for Guyana’s industrial future
Wales, a village on the West Bank of Demerara, could become the model for Guyana’s next phase of industrial development…
Category: News
Guyana’s 50% profit-oil share and the 39.8% production figure explained
Guyana receives 50% of Stabroek profit oil. Here is why that currently equals about 39.8% of total production, plus a separate 2% royalty.
Kimbia bean facility to add 1,500 tonnes of storage in Region Ten
The facility will combine six storage silos with conditioning and processing infrastructure intended to support farmers in Kimbia and surrounding communities.
OSRL opens Guyana subsea-response facility at Vreed-en-Hoop Shore Base
A newly opened OSRL facility at VEHSI will house Guyana’s capping stack and specialist subsea well-intervention equipment, expanding offshore emergency-response capacity.
Guyana joins EU-backed programme to develop new forest investment mechanisms
Guyana, the European Union and GGGI have launched a five-year programme to develop forest-finance mechanisms intended to attract sustainable private investment.
Guyana looks to gas to power next wave of industrial growth
Guyana is positioning natural gas as the next major driver of its economic transformation, with plans to use cheaper and…
Panama Canal to cut daily crossings as El Niño threatens water supply
The Panama Canal will restrict vessel traffic from September after rainfall and water inflows fell sharply, reversing an earlier assurance…
Brazil commits US$444 million to AI supercomputers
Brazil has announced approximately 2.3 billion reais, or US$444.2 million, in artificial-intelligence investments that will divide major computing projects between…
Coastal Rim Properties Inc. Launches TAJ Emerald: 300 New Premium Condominiums from US$110,000 (G$25M)
New East Bank development launches with limited introductory pricing and in-house financing.
Middle East disruption pushes oil to three-week high
International oil prices climbed to their highest levels in three weeks Thursday as continuing disruption in the Middle East tightened…