Business news and economic coverage from Guyana — oil sector growth, SME development, trade policy, and investment. La Caribeña News reports from the region's fastest-growing economy.
ExxonMobil says ring-fencing changes when Guyana is paid, not how much. Ghana ran the same argument and audited it. Uganda's section headed ring fencing is not the ring-fence. Norway kept its fence and paid the losses out instead.
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Guyana's share of Stabroek profit oil reached 39.8 per cent once ExxonMobil recovered its investment. Two developments awaiting approval could return it to 12.5 per cent if they are not ring-fenced.
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The Audit Office already audits the Natural Resource Fund, the Environmental Protection Agency and the Guyana Geology and Mines Commission. The Auditor General said on Friday he will resubmit a proposal for a dedicated oil and gas unit.
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The state oil company raised gasoline from G$228 to G$258 a litre and diesel from G$278 to G$318 on Saturday. Mobil was selling diesel at G$297 and Rubis at G$290 the same afternoon.
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The CARICOM Private Sector Organization named seven member states it expects to gain from Royal Caribbean Group's 50 per cent investment in Sandals, worth about US$3 billion. Guyana, which asked Sandals to build an eco-resort in June, is not among them.
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The Partnership for National Unity said on 26 September that it backs the Guyana Development Bank and wants the President's proposal to name loan applicants before approval withdrawn. The Act leaves most of what it asks for to the Minister and the board.
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Three bids from two bidders were opened on 17 September 2026 for Guyana's natural gas liquids storage and offloading facility. Lindsayca Guyana Inc priced two options, at US$537.1m and US$493.4m. China CAM Engineering Co Ltd priced one, at US$27.97m.
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Centaur Holdings of the Pomeroon took the Made in Guyana mark on 24 October 2022. The state spent G$462.5 million on agro-processing in the first half of 2026 and runs 101 Guyana Shop counters at home and two abroad. The certificate foreign buyers ask for is a different one.
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Mexico gave Brazilians an electronic visa on 5 February 2026 and applications tripled. Quintana Roo is chasing the traffic and working to open a first direct Brazil to Cancun route. Guyanese still need a visa stamped in the passport.
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GuyExpo 2026 was launched on 24 September and runs 12 to 15 November at Sophia. GMSA President Rafeek Khan named hospitality, garments, agro-processing and ICT as the sectors that must scale. Most sit outside the Local Content Act's forty reserved categories.
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Justice Gino Persaud was barred from transiting Florida. Justice Abel told a Commonwealth judges' conference that this, and Guyana's twenty-one years of acting judicial appointments, are modern pressures on judicial independence. The Attorney General said the government had no role.
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The United States launched the Andes-Atlantic Corridor on 23 September 2026, its first such corridor in the Western Hemisphere. The State Department says deals will be advanced excluding non-market actors. Argentina's foreign minister said there is no conditionality.
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