AGP Executive Report
Last update: 9 hours agoEnergy & Oilfield Activity: ExxonMobil is drilling another Stabroek Block exploration well, Goby-1, with operations expected to wrap by July 31, while oil prices eased as Iran talks progressed. Power & Finance Scrutiny: A Venezuelan-owned bank, Banco San Juan Internacional, claims it helped finance Guyana’s US$759M Gas-to-Energy project at Wales. Uranium Investment: U92 Energy closed its deal to buy the full historical Kurupung uranium dataset for about US$352,000, setting up an updated resource estimate and first drill push. Mining & Local Ownership: President Ali renewed plans for a national mining consortium to expand citizen ownership and broaden participation in large-scale gold ventures. Aviation Expansion: President Ali unveiled a 10-point aviation plan and called for a regional airline; Caribbean Airlines will add daily Toronto–Georgetown non-stop flights from July 1. Infrastructure Upgrades: CJIA is seeking bids for major runway and Taxiway Charlie rehabilitation, part of the $140B aviation budget. Banking & Business Growth: Citizens Bank opens a new Bartica branch; Hand-in-Hand opens its 20th office in Georgetown; youth entrepreneurs are urged to build bankable businesses ahead of the Guyana Development Bank. Tourism Push: Ali appealed to Sandals to develop a Guyana eco-resort with local private-sector partners. Road Safety & Crime: Two drivers were remanded over a fatal Providence crash; police charged a second Venezuelan man in an AK-47 seizure case.
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.
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