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AGP Executive Report

Last update: 10 minutes ago

Oil Market & Energy Prices: Disruptions around the Gulf are pushing crude higher, with Saudi export routes hit again as the East-West Pipeline stays offline and Red Sea loadings at Yanbu are suspended—Brent jumped to about US$109 and WTI to about US$106, raising costs and risk for regional economies. Guyana Oil Revenue: Guyana’s mid-year report projects petroleum deposits of about US$6.5B for 2026 and expects full-year petroleum revenues near US$6.5B, with first-half exports topping US$15B as production and prices rose. Cost of Living: Government data shows consumer prices up 4.4% (Dec 2025–Jun 2026) and food prices up 6.7%, even as headline GDP growth hit 33.3% for the first half. Power Supply Upgrade: GPL says the Chateau Margot 69kV substation is 60% complete, aiming to improve reliability and reduce blackouts on the East Coast. Tax & Legal Fight: The GRA is appealing a High Court decision that struck down nearly G$800M in taxes tied to luxury vehicles linked to the Mohameds. Labour & Safety Reform: Government is modernising occupational safety and health laws with ILO support and preparing oil-and-gas specific regulations. Business & Payments: GRA plans online tax payments via Mobile Money Guyana and debit cards before year-end, and is upgrading Padna for motor vehicle licence payments. Regional Connectivity: Surinam Airways talks continue on a proposed St Maarten route with connections through Guyana, pending a business case and approvals. Tourism & Jobs: CTO and Guyana tourism leaders push youth to see tourism as a real career path, not “menial” work.

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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3 hours ago

Cynthia Malone wins Oxford DPhil spot to reframe conservation science

AGP

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6 hours ago

CTO taps Beverley Wilson to lead tourism research

AGP

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Sep. 4, 2026

Guyana's Irfaan Ali to keynote CTO tourism conference in Georgetown

AGP

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Aug. 20, 2026

Guyana to host cruise master class at SOTIC 2026

AGP


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Guyana’s economy grew by 33.3% in 1st half of 2026, full-year growth forecast raised to 20.8%

Guyana’s economy grew by 33.3% in 1st half of 2026, full-year growth forecast raised to 20.8%

Minister Steven Jacobs applauds GCA for cultivating Guyanese culture at Folk Festival funday

Minister Steven Jacobs applauds GCA for cultivating Guyanese culture at Folk Festival funday


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6 hours ago

CTO names Beverley Wilson deputy director of research

EIN Presswire

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3 hours ago

Cynthia Malone, Black Ecologist and Grist Magazine Fixer, Accepted to Oxford DPhil to Decolonize Conservation Science

EIN Presswire

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Sep. 4, 2026

Guyana President Irfaan Ali to Keynote CTO’s State of the Tourism Industry Conference in October

EIN Presswire

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Aug. 24, 2026

Drill Pipe Market Projected to Reach USD 6.16 Billion by 2035, Growing at 4.9% CAGR

EIN Presswire

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Aug. 24, 2026

Air Starter Market Projected to Reach USD 726.50 Million by 2035, Growing at 5.02% CAGR

EIN Presswire

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Aug. 21, 2026

Caribbean Energy Week 2027 Set for July 13–15 in Guyana as Regional Energy Investment Accelerates

EIN Presswire

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