AGP Executive Report

Last update: 10 hours ago

Oil & Markets: JPMorgan cut its 2026 Brent outlook, now projecting $86/bbl for Q3 and $80/bbl for Q4, warning of a potential oversupply that could force production curtailments into early 2027. Electricity & Utilities: GPL says it’s near the finish line on talks with Karpowership for continued rental support after the prior contract expired, while a PUC report flags rising system losses (25.43% in 2025) and a drain of skilled staff to the oil sector. Local Governance & Social Spending: Over 1,000 local government officials are set for stipend increases within days, and President Ali outlined a social housing strategy aimed at disabled persons and single parents, targeting zero housing backlog in four years. Housing/Business Development: Massy Guyana broke ground on a US$75M “Massy Hub” at Houston, including a 190,000 sq ft distribution warehouse, with completion targeted for 2028. Energy/Skills & Inclusion: ExxonMobil and GCOPD launched Phase 5 of an Independent Living Skills programme for people with disabilities, while Council of Persons with Disabilities links up with Exxon for training and mobility support. Regulation & Environment: Former EPA head Dr. Vincent Adams warned Guyana lacks capacity to safely oversee uranium mining, as the Kurupung project advances. Governance Watch: The PAC row deepened as opposition leaders accuse the government of blocking quorum and delaying oversight. Disaster Response (Regional): President Ali offered condolences and assistance to earthquake-hit Venezuela; CARICOM also issued solidarity as the death toll rises.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 8, 2026

Mia Jerritt launches Leadership Alignment Journey for emerging and hidden leaders

AGP


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Jun. 18, 2026

Mavenir Powers Launch of My ENet App, Unifying Mobile, Broadband and IPTV for Guyana's ENet Subscribers

GlobeNewswire, Inc.

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Jun. 25, 2026

Fortuna reports voting results of its 2026 annual general meeting of shareholders

GlobeNewswire, Inc.

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Jun. 25, 2026

Dynacor Board of Directors Elects Réjean Gourde as Chair; Board Positioned for Execution

GlobeNewswire, Inc.

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May 26, 2026

Guyana Confirmed to Host Caribbean Energy Week 2027 as Regional Energy Integration Gains Momentum

EIN Presswire

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Jun. 3, 2026

USTR Makes Findings and Proposes Action in 60 Section 301 Investigations Relating to Failures to Take Action on Trade in Forced Labor Goods

Office of the United States Trade Representative

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Jun. 2, 2026

Lakeland Fire + Safety Expands Latin American Sales with New Orders in Mexico, Argentina, Ecuador, Guyana and Panama

GlobeNewswire, Inc.

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