America Guyana Over US$1 trillion was lost in investments in graduates who left the country to live abroad according to the Vice Chancellor of the University of Guyana
America Guyana A 5-year permit for its official fifth offshore oil project has been approved by the government’s environmental agency
America Guyana Due to the country’s increasing involvement in oil operations, more than 1.000 troops will participate in a special training for humanitarian assistance and disaster relief operations in case of oil spillage
America Guyana The International Court of Justice has delivered its judgment on the case of the Venezuela and Guyana border dispute, and has rejected Venezuela’s stance on claiming Guyana’s territory and opinion that a 19th century dispute can’t be judged
America Guyana The construction of a multi-million dollar facility that will serve as a center to equip nationals with the expertise needed to work in the oil and gas sector, which has seen a recent boom within the state, has been announced by the government
America Guyana Along with the EU, the country has launched a €10 million Sustainable Forest Livelihoods Project, designed to help the country maintain healthy forests and support sustainable livelihoods at a local level
America Guyana The government has revealed a 5-year national plan to effectively address money laundering, which includes improving national banking supervision and further financing state prosecution capabilities
America Guyana The country is planning to sign a memorandum of understanding with India to enhance cooperation in the energy sector beyond crude oil exports, specifically so that India can potentially help the country produce 1.2 million barrels per day by 2027
America Guyana This week, the state marked the 57th anniversary of the Geneva Agreement, which settled the territorial dispute between Guyana and Venezuela, however, Venezuela publicly rejected the agreement, claiming that Guyanese territory belongs to Venezuela
America Guyana The country has announced that it will dedicate over US$100 million of its medical budget for HIV+ relief in the country, thus helping nearly 10.000 of its people currently affected
America Guyana Recent reports show that the country has doubled its oil exports throughout this past year, nearly half thanks to European buyers seeking alternatives to Russian suppliers
America Guyana The country is currently negotiating an agreement with India so it can become a long-term supplier of oil, with the possibility of granting several of its oil blocks to India
America Guyana Over 600 fish species were found and documented during research efforts conducted by local biologists; the research conducted will be used to inform state decisions about areas where specific fish species need to be protected