Current: News


The Price of Oil and the Economy

March 31, 2016 The price of oil on the world market is at its lowest in 13 years. The world market price was under US$30 per barrel earlier in the year, [...]...
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Guyanese to Pay Less for Electricity

March 31, 2016 GEORGETOWN, Guyana (CMC) – Guyanese will be paying less for electricity as of April 1 due to the fall in world oil prices. Electricity On Thursday the Guyana Power and [...]...
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Goudron Gets Reduced Field Royalty Rate

March 28, 2016 Petrotrin has granted approval to LGO Energy plc for a reduced overriding royalty rate for the its production at the Goudron Field in Trinidad. The reductions went in o [...]...
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Energy Expert: Stop Gas Sales To T&TEC

March 28, 2016 An energy expert has suggested that the gas now being sold to the T&T Electricity Commission (T&TEC) for electricity generation by the National Gas Company (NGC) be added [...]...
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