Given the high cost of climate change, President Irfaan Ali said the region must take tangible actions to secure its energy future. Guyana's Head of State urged regional governments to lead in understanding and implementing the necessary structure. In Port of Spain, he told the Trinidad
Guyana's Ministry of Natural Resources welcomed ExxonMobil's latest oil discoveries in the Stabroek Block at Sailfin-1 and Yarrow-1 Offshore Guyana. Since 2015, more than 30 discoveries have been made within the Stabroek Block. The government hopes these two new discoveries will significantly expand the country's petroleum
The Government of Grenada has removed all taxes on petrol. This means that retailers and consumers will not be required to pay any taxes on petrol, which is defined by law as gasoline and diesel, until December 2022. According to a Petrol Tax Order issued in
International oil cartel Organization of the Petroleum Exporting Countries (OPEC)+’s strategy is working, Bloomberg reports, and the massive oil tanks swarming the Caribbean islands are solid evidence of this. When Saudi Arabia decided to maintain the large cut in crude production in January, traders have been "draining
Nabarima vessel carries 1.3 million barrels of crude In recent weeks, an idle Venezuelan floating oil facility in the Paria Gulf had been under surveillance by concerned governments and environmentalists. Images in recent months of the vessel leaning to its side have raised such concern. After careful
Election chief cites COVID-19, "matters of law" in recount Guyana finds itself in another political deadlock after the opposition-nominated election commissioners rejected Thursday a 156-day timeline proposal for the recount of votes. Guyana Elections Commission's (GECOM) chief Keith Lowenfield laid out the proposal and cited legalities and
