China puts carbon to work
CAN carbon dioxide be used to provide heating? In May this year, China’s first geothermal heating project utilising supercritical carbon dioxide technology began operation in Zhengzhou, central China’s Henan province. The system combines a 2,500-meter-deep geothermal well, a fully enclosed circulation loop, and a new heat-transfer medium. In this process, supercritical carbon dioxide acts as […]
China unveils five-year plan to promote SME development
CHINA has issued a plan to promote high-quality development of small and medium-sized enterprises (SMEs) during the 2026-2030 period, setting targets for business growth, innovation and the development environment. By 2030, China’s SMEs are expected to achieve growth in both quality and scale, with per capita operating revenue of major SMEs posting cumulative growth of […]
Why Guyana can receive about 39.8% of Total Stabroek Production while its profit-oil share remains 50%
RECENT discussions about Guyana’s oil revenues have focused on one number, 39.8 percent. For some, this has raised the question of whether Guyana’s share of its oil has fallen from the 50 percent agreed under the Production Sharing Agreement (PSA). It has not. Guyana’s contractual share of profit oil remains 50 percent. The 39.8 […]
When death comes calling
By Vanessa Cort LAST Wednesday, I held the funeral service for my eldest child, my son, Akim. He was my first-born, the eldest of four sons, and the eldest of nine children. Three years ago, in August, I held a similar service for my twin son, who died in a car crash on the East […]
The skills and capabilities behind Guyana’s fifth FPSO
WHEN the Errea Wittu arrived in Guyana over a week ago, the headlines, quite rightly so, focused on what it represents for oil production. Guyana now has its fifth Floating Production, Storage and Offloading (FPSO), and with first oil expected by year-end, the country is moving closer to producing more than one million barrels of […]
ONE billion barrels and ONE GUYANA at One
GUYANA has produced one billion barrels from the Stabroek Block, a milestone that comes as the ONE GUYANA FPSO for the Yellowtail development marks its first year of production. ExxonMobil Guyana President, Alistair Routledge, drew attention to the one-billion-barrel mark at last week’s launch of the 2027 Guyana Energy Conference and Supply Chain Expo. […]
Guyana must learn to grow without losing its peace
Guyana is changing rapidly. With new businesses emerging, construction is taking place across communities, entertainment is expanding, investment is creating new opportunities, and economic activity is reaching places that were once relatively quiet. Development is something Guyanese should welcome but development must not come at the expense of something equally important: the right of people […]
How the Energy Sector is reshaping business and finance in Guyana
GUYANA’S energy sector is not only changing what happens offshore, it is also changing how businesses operate, how financial institutions assess opportunities and how local companies prepare for growth. The recent launch of the 2027 Guyana Energy Conference and Supply Chain Expo provides a timely opportunity to consider this wider impact. The conference will bring […]
China’s cooperation powers ‘green’ future in Global South
–nation deepening partnerships through major energy projects in Latin America AS the world’s transition towards more sustainable development accelerates, China and Latin America are embracing broader and deeper energy cooperation, leveraging cutting-edge technological innovations to power a ‘green’ future for the Global South. From State Grid Corp of China’s Belo Monte Ultra High Voltage Direct […]
How China’s grid powers through peak summer demand
(Xinhua) Each year, surging temperatures put China’s power grid to the test at the height of summer. In recent weeks, sweltering heat and high humidity have gripped many megacities, driving electricity demand to record highs. While rolling blackouts in response to a summer crunch are not yet a distant memory, power grid operators across China […]
