BOGOTĂ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 27.May.2026, Words: 235) â Venezuela categorically rejects what it labels as âthe provocative and delusional statementsâ issued by Guyanaâs president Irfaan Ali related to the Guayana Essequibo. According to Venezuela, Ali continues to falsely claim the area is under his administration, This, […]
Tag: Mohamed Irfaan Ali
Guyana’s president Irfaan Ali and Trinidadâs PM Persad-Bissessar talk bilateral trade
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 13.Apr.2026, Words: 226) â Guyanaâs president Mohamed Irfaan Ali, and Trinidad and Tobagoâs prime minister of Trinidad and Tobago Kamla Persad-Bissessar held bilateral discussions in Trinidad. Both leaders agreed on a development, trade, and economic agenda that would see enhancement of each […]
Guyanaâs president is to be sworn in for a second term as oil wealth transforms the nation
MEXICO CITY, MEXICO (By AP, 7.Sep.2025, Words: 393) â Guyanaâs President Irfaan Ali was sworn in for a second term on Sunday after officially being declared winner of last weekâs elections, as the small South American country reaps a windfall from offshore oil and gas production. The countryâs electoral commission certified Aliâs […]
Delcy RodrĂguez to present Essequibo development plan to VP Council
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 264) â Venezuela’s executive vice president Delcy RodrĂguez will soon present a development plan for the new state of Guayana Esequiba, also known as the Essequibo, to the Council of Vice Presidents. RodrĂguez revealed details around the plan during […]
Guyana’s president Irfaan Ali warns citizens to remain vigilant amid Venezuelan “arrogance”
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 310) â Guyana’s president Mohamed Irfaan Ali alerted the citizens of his small South American country about the importance of remaining vigilant of Venezuelan military and citizen movements along its borders with Venezuela amid heated discussions around which country owns […]
Marco Rubio visits presidents of Guyana and Suriname, sends warning to Maduro
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.Mar.2025) â US Secretary of State Marco Rubio visited Guyana and the country’s president Mohamed Irfaan Ali to discuss ways the 2 countries could strengthen their economic and security ties. Rubio also traveled to Suriname to discuss similar matters with that country’s […]
Guyanaâs President Ali Discusses National Healthcare Vision in Panel Session
(Hess Corp., 24.Oct.2024) â Guyanaâs progress in building a model national healthcare system was the focus of a recent panel discussion at the Concordia Annual Summit in New York City. The panel featured Guyanaâs President, H.E. Dr. Mohammed Irfaan Ali, who was joined by Hess Corporation CEO John Hess and […]
Fulcrum LNG Named to Help Guyana Develop its Gas Resources
(Reuters, 20.Jun.2024) â U.S. firm Fulcrum LNG was selected to help Guyana develop a plan to design, finance, construct and operate a natural gas processing facility in the South American country, President Irfaan Ali said on Thursday. The company’s proposal was selected from among 17 submitted to Guyana for the […]
Guyana Is Trying to Keep Its Oil Blessing From Becoming a Curse
(Bloomberg, 15.Feb.2024) â Guyana has undergone a huge transformation in the near decade since a massive oil discovery off its shores. Thatâs on full display at the Georgetown Marriott hotel. By sundown, oil executives in branded shirts step out of vans and mingle with tables of development bank officials, already debriefing over yucca […]
Secretary Blinkenâs Call with Guyana’s President Irfaan Ali
(US Treasury, 6.Dec.2023) â Secretary of State Antony J. Blinken spoke with Guyanese President Dr. Mohamed Irfaan Ali to reaffirm the United Statesâ unwavering support for Guyanaâs sovereignty. The Secretary reiterated the United Statesâ call for a peaceful resolution to the dispute and for all parties to respect the 1899 arbitral […]
President Ali Launches Bid Round for Offshore Blocks
(Office of the President of Guyana, 9.Dec.2022) â His Excellency Dr Irfaan Ali announced the launch of a competitive bidding process for 14 offshore oil blocks. The Head of State made this announcement during a virtual statement today from State House. âAs youâre aware, we have committed that the new […]
Hess and Guyana’s Gov’t Announce REDD+ Carbon Credits
(Hess, 2.Dec.2022) â Hess Corporation (NYSE: HES) and the Government of Guyana today announced an agreement for Hess to purchase high quality carbon credits for a minimum of $750mn between 2022 and 2032 directly from the Government of Guyana. This agreement will serve to support Guyanaâs efforts to protect the countryâs vast forests and provide capital […]
Guyana to Earn $750mn in First Carbon Credit Sale
(DPI, 2.Dec.2022) â Guyana is set to earn an income of some US $750 million for its carbon credit from Hess Corporation, His Excellency, Dr Mohamed Irfaan Ali announced Friday morning. The major deal between the government and the global energy giant will see the company purchasing 2.5 million carbon […]
Irfaan Ali: Oil, Gas Boom Will Ensure Guyana’s Future
(Trinidad and Tobago Newsday, 21.Aug.2022) â Guyanese President Dr Mohamed Irfaan Ali said the oil and gas boom Guyana is experiencing will ensure the countryâs future economy but it will not be the focus. He said the country had 18 billion barrels of proven reserve and by 2026 it should […]
President Ali Urges Saudi Arabians to Invest in Guyana
(CMC, 10.Jul.2022) â The President of Guyana, Dr Mohamed Irfaan Ali, has extended an open invitation to investors of the Kingdom of Saudi Arabia, to âinvest nowâ, promising that Guyana is ready to remove bureaucratic hurdles. âYou are really pushing at open doors,â the president told the visiting team of […]
Guyana Ready to Make Investment Decisions with Saudi Arabia
(Energy Analytics Institute, 9.Jul.2022) â Guyanaâs President Dr Mohamed Irfaan Ali told a delegation of over 60 representatives from the Kingdom of Saudi Arabia, including Deputy Minister for Investors Outreach, Badr al Badr, that Guyana was ready not to only have conversations but to make investment decisions. Ali, who delivered […]
Guyana and Brazil Agree on Actionable Framework â President Ali
(DPI, 7.May.2022) â His Excellency Dr Irfaan Ali announced that Guyana and Brazil have agreed on an âactionable frameworkâ in the areas of food security, energy, infrastructure and national security. This announcement was made following a meeting between Brazilâs President, His Excellency Jair Bolsonaro, members of his cabinet and the Guyana […]
Guyana, Brazil Sign Treaties on Civil, Criminal Matters
(DPI, 7.May.2022) â Guyana and Brazil have mutually agreed to provide legal assistance in civil and criminal matters, through the signing of two bilateral agreements, at the Arthur Chung Conference Centre (ACCC) on Friday. The signing of the treaties, which were done by Minister of Foreign Affairs and International Cooperation, […]
President Ali Tells Investors: Guyana Welcomes Investors but Guyanese Must Benefit
(Guyana’s DPI, 15.Feb.2022) â An olive branch has been extended to companies looking to invest in the oil and gas producing nation of Guyana. However, while they are welcomed to invest, companies are being reminded that Guyanese must be able to benefit from those investments. President Dr. Mohamed Irfaan Ali […]
Caribbean Sustainable Energy Conference: Day 1 Highlights
(Energy Analytics Institute, 24.Jan.2022) â Selected highlights from the virtual Caribbean Sustainable Energy Conference hosted by the Energy Chamber of Trinidad and Tobago from 24-26 January 2022 including presentations from Trinidadâs Energy and Energy Industries Minister Stuart Young, The National Gas Company of Trinidad and Tobago Limited President Mark Loquan, […]
Net-Zero Emissions by 2050 a Priority for the Region, Guyana’s President Says
(DPI, 24.Jan.2022) â His Excellency Dr Irfaan Ali today said that reaching Net-Zero emissions by 2050 is essential for the development of the region, but it would only be possible if the global system rectifies its inherent disparities and unevenness. In his keynote address to over 300 participants at the […]
NRGBriefs: PDVSA Debt Stood at $35bn at YE:21
(Energy Analytics Institute, 19.Jan.2022) â Energy briefs including Brazilâs President Jair Bolsonaro visiting w/ his counterparts in Suriname and Guyana to discuss oil and gas matters; and Venezuelaâs state oil giant PDVSA revealing its total debt stood at $34.894bn at YE:21. LATIN AMERICA AND THE CARIBBEAN Brazil — Brazilâs President […]
Guyana Shies Away from Overly Rigid Local Content Terms in Oil Bill
(Reuters, 16.Dec.2021) â Guyana’s government on Thursday delivered to the National Assembly the draft of a local content bill that will regulate its nascent oil industry, proposing requirements beginning at 5% by the end of 2022 for activities to be carried out by contractors and licensees. The proposed policy, seen […]
Guyana Plots Shift To Natural Gas, Renewable Energy
(Reuters, 28.Oct.2021) â Guyana plans to meet an unprecedented growth expected in its power demand by building a new gas-fueled plant and expanding its hydropower capacity, a key step to leave behind fossil fuels for generating electricity, President Irfaan Ali said this week. Latin America’s newest oil producer on Thursday […]
Guyana Wants to Build a 135-Mile Undersea Gas Pipeline
(Bloomberg, 19.Oct.2021) â Guyana will likely become one of South Americaâs top oil producers over the next four years, but the worldâs newest petrostate increasingly sees gas as the bedrock for growing its domestic economy. Work will begin on constructing a major gas-fired power plant in 2022 on the expectation […]
Guyana, Suriname Eye Jointly Developments
(DPI, 19.Aug.2021) â Recognising the vast potential of Guyana and Surinameâs oil and gas sectors, their Excellencies Dr. Mohamed Irfaan Ali and Chandrikapersad Santokhi have indicated that the two countries will jointly strategise the development of this critical and lucrative sector. During engagements with the Private Sector Commission (PSC) and […]
Guyana-US Relations Strong, Valuable
(DPI, 8.Jul.2021) â His Excellency Dr Irfaan Ali called the relationship between Guyana and the United States of America strong and valuable and pointed to greater partnerships between the two nations moving forward. The Commander in Chief and several senior members of his Government, including the Prime Minister, Brigadier (Retâd) the […]
Guyanaâs President Comments On Energy Matters, Others
(Energy Analytics Institute, 28.Apr.2021) â Guyanaâs President Mohamed Irfaan Ali  held a press conference on 28 April 2021 and discussed energy matters while touching on oil revenues and local content, among other issues. What follows here are highlights from his briefing. — âGranting of any new oil blocks will be […]
Guyana Basins Summit (GBS) Energy Highlights
(Energy Analytics Institute, 22.Mar.2021) â Commentaries, quotes, data and other highlights from the Guyana Basins Summit (GBS) held virtually from 17-19 March 2021 and from speakers from Guyanaâs President Mohamed Irfaan Ali to Guyanaâs Natural Resources Minister Vickram Bharrat and others speaking about lessons learnt in other countries such as […]
Xi Jinping Urges Joint China-Guyana Ties
(CGTN, 17.Mar.2021) â Chinese President Xi Jinping said Tuesday that China and Guyana should take the 50th anniversary of their diplomatic ties next year as an opportunity to push for more cooperation results and lift bilateral relations to higher levels. In a telephone conversation with Guyanese President Irfaan Ali, Xi […]
Guyana: Sleeping Giant In Investment Opportunities
(DPI, 17.Mar.2021) â His Excellency Dr Irfaan Ali said that Guyana is poised to become the most exciting investment destination in the Western Hemisphere. The Head of State made this pronouncement during his address at the opening of the Guyana Basin Summit 2021 (GBS) held virtually this morning. The event, […]
Guyana Basins Summit Day 1 Recap
(Energy Advance, 17.Mar.2021) â Yesterday saw his Excellency Hon. Dr. Mohamed Irfaan Ali, President, Co-operative Republic of Guyana open the Guyana Basins Summit and declare Guyana is a sleeping giant in investment opportunities. President Ali noted that while the Summit is not necessarily confined to oil and gas, the sector […]
Guyana Re-engages India On Support For Renewables
(Guyana Times, 11.Feb.2021) â Guyana has re-engaged the Indian Government through The Energy and Resources Institute (TERI) to provide technological support in several sectors that will drive its achievement of the Sustainable Development Goals 2030. President Dr Irfaan Ali made this announcement during his address to the World Sustainable Development […]
ExxonMobil Hits Guyana Oil Output Goal
(Argus, 21.Dec.2020) â ExxonMobil reached targeted crude production of 120,000 b/d at the Liza 1 well on Guyana’s deepwater Stabroek block, a milestone that had been delayed by an earlier re-injection glitch and equipment delays. The target was achieved a year after start-up of the Liza Destiny floating production, storage […]
Bright Future For Suriname And Guyana
(Petroleum Economist, 2.Dec.2020) â Crumbling oil prices and volatile energy demand have tipped Latin America into a sharp recession, exacerbated by one of the worldâs worst Covid-19 mortality rates. But in Suriname and Guyana, at least, there are reasons to be cheerful. Although both countries face stark economic challenges, they […]
Local Businesses Assured Involvement In Oil Sector
(Guyana Standard, 1.Dec.2020) â President Dr. Irfaan Ali has reaffirmed his Governmentâs commitment to ensure that local businesses are optimally involved in the oil and gas sector. The Head of State made this assertion during his address at the Virtual Guyana Oil and Gas Summit this morning. The two-day event […]
Guyana Says Getting Better Oil Deal
(Energy Analytics Institute, 10.Nov.2020) â The government of Guyana, the newest petro-state in the Latin America and Caribbean region, announced it has made strides in extracting better benefits from oil contracts signed with oil and gas companies exploring offshore including Exxon, Hess and CNOOC, and in particular starting with the […]
US Secretary Of State Mike Pompeo Arrives In Guyana
(DPI, 17.Sep.2020) â The arrival of United States (US) Secretary of State, Mr. Michael Pompeo on these shores today marks an historic development in the relationship between Guyana and the US. Mr. Pompeo was greeted by US Ambassador to Guyana, Mrs. Sarah-Ann Lynch and Minister of Foreign Affairs and International […]
US Secretary Of State To Reach Guyana Soon
(DPI, 17.Sep.2020) â The United States Secretary of State Mr. Michael Pompeo is set to arrive this evening and will be the highest-ranking sitting government official to visit Guyana since its Independence in 1966. The Secretary of State is said to be embarking on a South American tour aimed at […]
Guyana And The US: More Than 50 Years Of Friendship
(US Embassy Guyana, 16.Sep.2020) â Secretary Pompeo will travel to Georgetown, Guyana, 17-18 September 2020. He will meet with newly elected President Irfaan Ali and his cabinet, as well as CARICOM Secretary-General LaRocque. Secretary Pompeo will reinforce the promise of a values-based U.S. partnership rooted in inclusive governance, private-sector investment […]
Pompeo To Visit Guyana, Suriname, Brazil, Colombia
(US State Department, 15.Sep.2020) â SecretaryâŻof State Michael R.âŻPompeoâŻwill travel to Paramaribo, Suriname; Georgetown, Guyana; Boa Vista, Brazil; Bogota, Colombia; and Plano, Texas, September 17-20, 2020.⯠This trip will highlight the United Statesâ commitment to defend democracy, combat COVID-19 while revitalizing our economies in the pandemicâs wake, and strengthen security against regional threats. […]
Pompeoâs Visit Extremely Important, Says Pres. Ali
(DPI, 14.Sep.2020) â His Excellency Dr. Mohamed Irfaan Ali has described United States (US) Secretary of State, Mr. Michael Pompeoâs imminent visit to Guyana as âextremely importantâ and timely as the country continues to work towards strengthening bilateral relations. During a recent interview with the News Room, the Head of […]
Guyana Re-launches Search For Co. To Market Oil
(Reuters, 24.Aug.2020) â Guyana has re-launched a search for a company to market the governmentâs share of the crude produced at the offshore Liza project, operated by Exxon Mobil Corp, according to a notice published in the South American countryâs newspapers. President Irfaan Aliâs government scrapped a previous, similar process […]
Guyana And Suriname To Benefit From Joining Forces
(Energy Analytics Institute, 24.Aug.2020) â Neighboring Guyana and Suriname in South America have been well off investorâs radars until recently. The countries are now regular headlines due to offshore crude oil discoveries, which hold much prospect to change fortunes for both governments and citizens alike if managed properly and by […]
Guyana Planning For More Demands On ExxonMobil
(Forbes, 20.Aug.2020) â With the newly-elected Peopleâs Progressive Party/Civic (PPP/C) government now firmly in place following five months of vote-counting controversy, Guyanese President Irfaan Ali and his Vice President, Bharrat Jagdeo, have recently turned the discussion over the countryâs offshore oil developments to proposals to require oil and gas operators […]
UK’s Global Witness Urges Guyana Renegotiate Oil Deal
(Caribnews, 18.Aug.2020) â The United Kingdom-based, anti-corruption organization Global Witness yesterday called on the new Government here to immediately investigate and renegotiate the US-owned oil giant Exxonâs exploitative oil license to ensure the country has the funds needed to rebuild after divisive elections and a debilitating novel coronavirus pandemic. In […]
Payara Approval Will Not Be Rushed: Bharrat Says
(Kaieteur News, 14.Aug.2020) â Even though the PPP/C government may be desirous of granting the approval for ExxonMobilâs third development project within a reasonable timeframe, it will not be rushing the review of the Payara Field Development Plan so as to compromise the integrity of the process. Making this statement […]
Payara Permit Approval On Hold Until Expert Found
(Stabroek News, 12.Aug.2020) â In a key oil sector decision, President Irfaan Ali last evening said that his government is lobbying for technical and financial support to have an international expert review Exxonâs Payara project and advise on the way forward. Government, Ali disclosed, has approached Canada for assistance in […]
Guyana’s Natural Resources Minister Visits MNR Agencies
(DPI, 11.Aug.2020) â Solidifying his intention of having a hands-on approach with the Ministry of Natural Resources and its agencies, the Minister of Natural Resources, Hon. Vickram Bharrat, on Tuesday, toured most of the Ministryâs regulatory agencies. This activity served as a direct effort to interact with management and staff, […]
Guyana Mulls Absorbing Energy Dept Into Ministry
(Argus, 10.Aug.2020) â Guyana’s new natural resources minister is computer scientist Vickram Bharrat, a key appointment for the rapidly expanding oil sector. Bharrat, who is part of the administration of President Irfaan Ali that was inaugurated on 8 August, could assume an expanded portfolio if the ministry absorbs the energy […]