Govt. makes second withdrawal of US$200M from oil account
Senior Finance Minister Dr Ashni Singh has announced that the Government has made its second drawdown this year of US$200M from the Natural Resource...
A critical examination of EEPGL’s legal obligations, environmental contingent liabilities, and GAAP
Dear Editor,
Further to my letter which was published by Guyana Standard on May 6, 2023, and Guyana Times on May 7, 2023, regarding the...
APNU’s alternative housing policy among others, impracticable
Summary
The main Parliamentary Opposition’s chief economic advisor proposed an alternative housing policy that the Opposition would implement, if elected in 2025. The proposal, according...
Black water shrimp farmers net over $274M in first quarter earnings
Agriculture Minister, Zulfikar Mustapha recently disclosed that black water shrimp (Peneaus schmitti) production has increased significantly when compared to that of 2022. In fact,...
Noble Corporation secures significant additional backlog commitment from ExxonMobil Guyana
Noble Corporation, the renowned drilling contractor based in the United Kingdom, has recently declared that it has been granted a substantial additional backlog commitment...
US consortium LNDCH4 gives Guyanese delegation insights into Gas-to-Energy Project during facility tour
More than thirty members of the esteemed Guyanese delegation attending this year’s Offshore Technology Conference (OTC) were granted an exclusive tour of the Lindsayca/CH4...
Unlimited insurance does not exist; court ruling demanding this from Exxon flawed- VP Jagdeo
While a High Court ruling has given the Environmental Protection Agency (EPA) 30 days to have ExxonMobil Guyana provide unlimited insurance coverage for its...
Saipem gets Exxon’s approval to proceed with final phase of subsea works for Uaru...
Saipem, the Italian multinational oilfield services prime ExxonMobil contractor has announced that it received authorization from the oil giant and its co-venturers in the...
Opposition yet to offer comments on new model PSAs – VP Jagdeo
The Government of Guyana has yet to receive official comments and recommendations from the political opposition regarding the drafts of two model Production Sharing...
Govt. fears more citizens will pursue legal challenges against Exxon, regulators – Patterson, Dr....
The PPP/C Government is fearful that a recent High Court ruling will embolden more citizens to challenge ExxonMobil’s operations here, specifically regarding the oil...
