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Exxon Mobil Raises Resource Estimate at Guyana's Stabroek Block

2021-10-07 15:38:34| OGI

Hess CEO John Hess said he sees "multibillion barrels of additional exploration potential remaining on the block."

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Managing Guyanas Path To Prosperity

2020-02-03 13:00:00| OGI

Proper governance and management are critical as the poverty-stricken country faces a potential financial windfall.

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Shell Wins Auction For Guyana's First Three Crude Oil Cargoes

2019-12-26 02:35:45| OGI

Royal Dutch Shell won the rights to market Guyana's first cargoes of crude oil, the government said on Dec. 24, just days after oil production began and launched the impoverished South American country into the ranks of world suppliers.

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Guyana\'s Sugar Industry: Six Key Performance Indicators

2014-03-04 07:38:46| Sugar Industry News

Despite the unavailability of detailed audited GuySuCo accounts after 2009, in the coming weeks I shall focus on six performance indicators (production, costs, profitability, land productivity, factory productivity, and combined (land and factory) productivity) in assessing the sugar industry since 1990. I believe this period is sufficient for clear patterns to be revealed.

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Guyana\'s sugar industry: The global context

2014-01-20 07:38:57| Sugar Industry News

Examining the last century or so of the industrial life cycle of Guyana\'s sugar industry, it is observed that the period up to the late 1960s and early 1970s marked the phase of its maturity. More or less, thereafter, the period of its decline commenced, leading to what I have termed as its point of no return today. In stark contrast, over the last century or so, the global sugar industry has enjoyed a period of vigorous growth. Presently it has morphed into a global sweetener industry, whose principal components are 1) sugar (cane and beet); 2) other caloric sweeteners (principally high fructose corn syrup, HFCS or, isoglucose as it is known in Europe); and 3) non-caloric sweeteners (for example aspartame, splenda and truvia).

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