Category: News

The Guyana Gold and Diamond Miners Association (GGDMA) commends the Guyana Geology and Mines Commission (GGMC) and the Ministry of Natural Resources (MNR) for their ongoing efforts and more specifically the recent successful enforcement actions against raiding and other illegal mining activities, which last week saw the dismantling of several illegal operations within the last […]

Mako Mining’s 5,050-hectare site includes the Eagle Mountain project which is 4,784-hectare and Kilroy Mining Medium-scale which covers an area of 252 hectare. The project has two gold deposits, the Eagle Mountain and Salbora, as well as several other exploration targets. According to the company, US$1.5 million was spent in exploration and evaluation expenses during […]

Guyana Deepens Commitment to LCDS 2030 —as Guyana Marine Conservation Society signs MoU with the National Toshaos Council The Guyana Marine Conservation Society (GMCS) and the National Toshaos Council (NTC) on Thursday signed a historic Memorandum of Understanding (MoU) aimed at enhancing collaboration on marine and coastal conservation efforts, with a strong focus on Indigenous […]

In the pristine lakes of Guyana, a new method of fishing is making waves, particularly for the economic empowerment it brings to indigenous communities. Cage fishing, a practice where fish are raised in enclosed, underwater structures, is proving to be a game-changer in the Essequibo-lake communities, pioneering the project. It ties in with Guyana’s Low […]

In just the first five months of 2025, nearly half of Guyana’s offshore crude exports were shipped directly to only two countries: the Netherlands and Panama. Of the 93 cargoes recorded during the period, each typically carrying about one million barrels of oil, 20 were destined for the Netherlands and another 20 for Panama, accounting […]

Kaieteur News – In 2024, Guyana’s Natural Resource Fund (NRF) received nearly US$2.6 billion in oil revenues. But for that same year, the Government of Guyana out of its share of profit oil, was required to pay to the Guyana Revenue Authority (GRA) about US$2.4 billion in income tax for the three oil companies operating in […]

Kaieteur News – Trinidad and Tobago’s Minister of Energy, Dr. Roodal Moonilal, last week criticised the former administration for throwing away what he described as a prime opportunity to establish the twin-island state’s presence in Guyana’s booming  oil and gas sector. Speaking during the debate on the Finance (Supplementary Appropriation) Bill for the 2025 fiscal year, Dr. Moonilal […]

Kaieteur News – Despite the billions in profits recorded by the oil companies operating in Guyana’s Stabroek Block, the country continues to shoulder their tax burden. In 2024 alone, the government paid over $500 billion in income taxes on behalf of ExxonMobil Guyana Limited and its partners Hess and CNOOC, under the terms of the 2016 […]

The Guyana government has launched a two-part procurement process for the development of a natural gas liquids (NGL) storage and marine offloading facility, a key component of the country’s landmark Gas-to-Energy project. In the first of two notices published on Sunday, firms are invited to pre-qualify for the construction of the NGL storage and offloading facility, […]

Brazil’s Foz do Amazonas Basin is being viewed by top industry players as that country’s top offshore frontier opportunity, with Horizon Engage reporting that aggressive bidding there signals strong private-sector belief in the Equatorial Margin as “akin to Guyana’s Stabroek field”. According to Horizon Engage Senior Advisor for Brazil and Energy Transition, Mark Langevin, consortia including Petrobras, ExxonMobil, Chevron, […]