Guyanese OnlineBy Kellon Rover – October 25, 2021- DPI Guyana
Guyana’s Minister of Public Works, Bishop Juan Edghill, MP, on Sunday October 25, met with the high-level Barbados Housing and Investment Mission team at the Watooka Guest House Linden, Region 10.
Headed by Barbadian Minister of Transport, Works and Maintenance, Dr. William Duguid, the visiting delegation arrived in Guyana last Friday to seek investment opportunities and strengthen trade relations between the two CARICOM nations.
OILNOW – October 23, 2021
Guyana’s Natural Resources Minister, Vickram Bharrat, says in the next four to five years Guyana would be well on its way to becoming the “mini-Dubai” of the Caribbean as it will have four oil ships providing considerable production volumes and revenue take.
During an exclusive interview with OilNOW, Mr. Bharrat recalled that currently, Guyana has US$436M in its Natural Resource Fund. In the coming weeks, he posited that the country will receive payment for the most recent lift of one million barrels of Liza crude to Aramco Trading Limited. With another lift due next month, he predicts Guyana can get US$150M between the two if oil prices remain around US$85 per barrel. With this in mind, he said Guyana could comfortably close the year with close to US$600M in the Natural Resource Fund.
Take a look at Guyana’s performance at the Dubai Expo. Very good showcase from #TeamGuyana
Released October 19, 2021
A US$5M investment to develop a 20,000 square foot manufacturing facility intended to produce biaxial voided slab technology in Guyana is the first manufacturing international joint venture partnership and investment between Guyana and the United Arab Emirates (UAE).
The partnership was facilitated by Guyanese merchant bank, Smart City Clearing Company Limited, between Guyanese-based engineering, procurement, and construction firm, Global Infrastructure Solutions Guyana Inc, and Undiome Global DWC LLC, an Emirati-owned company. Continue reading
Stabroek News – By Vibert Cambridge – September 19, 2021
A Preliminary Exploration of the Social History of Nonalcoholic Carbonated Beverages in Guyana (1870–2020).
On February 23, 1970, Guyana adopted a Republican constitution and became the Cooperative Republic of Guyana. This signaled a substantial shift in governance and the adoption of a new economic paradigm. By 1970, Banks DIH had emerged as the dominant player in Guyana’s sweet drink marketplace. Its bottling plant was new, and the company had a robust national distribution system with storage bonds in New Amsterdam, Linden (formerly Mackenzie), and Bartica, as well as on the Essequibo Coast.
– Business Insider – Oct 18, 2021, 12:10 PM
The worldwide energy crisis unfolding amid a surge in demand and an ongoing supply crunch has thrown the oil and gas markets into unprecedented turmoil.
Oil prices are up more than 60% this year, with West Texas Intermediate crude hitting a fresh seven-year high on Friday 15 October, 2021.
Government: Why Oil Doesn’t Corrupt Norway – Video
This video gives a history of Norway’s oil industry and the operation of its Sovereign Trust Fund.
Venezuela – Click to enlarge
Now that oil prices are recovering, Francisco Monaldi analyzes the truth of the nature and magnitude of what lies beneath the Faja del Orinoco (Orinoco Belt) and the historic use of fossil fuel to determine the role of oil in our future
Marianela Palacios | Caracas Chronicles
IT IS TRUE THAT THERE ARE OVER ONE TRILLION OIL BARRELS IN THE VENEZUELAN SUBSOIL. That’s why Nicolás Maduro brags about the “world’s largest reserves”, although he adds that only a fraction of them are “proven” and exploitable; between 20 and 25 percent of the total amount: 300 billion barrels. But it is also true that, if things stay the way they are, most of it will remain underground forever. The carbon dioxide won’t be released into the atmosphere nor will that wealth be used. Continue reading
USA: Why Food Is Getting More Expensive In The U.S. – Video
CNBC – September 10, 2021
0:00 – Introduction 01:31 – Rising costs 03:41 – Climate change 04:44 – Supply chain issues 08:33 – Health impact 11:55 – Solutions
The pandemic sent food prices skyrocketing amid a slew of supply chain disruptions, but food costs have been steadily rising over the past five years. The rise in prices can have serious consequences for the most vulnerable Americans. According to the USDA, 13.8 million Americans qualified as food insecure in 2020. Watch the video to find out how much food prices have risen, what’s driving the increase and how businesses and policymakers can fix it.
BUSINESS: The Top-20 Oil and Gas Companies in the World in 2021
Published by VISUAL CAPITALIST – y Govind Bhutada
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