Guyana signs first-time US$150M development loan agreements with Saudi Fund
The Government of Guyana has inked two significant development loan agreements worth US$150 million with the Saudi Fund for Development (SFD) to support the...
Analysis of EEPGL, HESS and CNOOC’s 2022 Financial Statements
Summary
Guyana’s net take inclusive of local content spend together with the government’s take cumulatively as of 2022 amounted to G$697.7 billion or US$3.34 billion...
Guyana, United Nations host meeting to review region’s performance on achieving Sustainable Development Goals
The Government of Guyana (GOG) and the United Nations (UN) System in Guyana recently convened the Joint Steering Committee of the UN Multi Country...
Gov’t secures US$350M Qatar loan for Parika highway extension
The government announced it has secured a US$350 million loan from Qatar to extend the Schoonord to Crane four-lane highway to Parika in Region...
Tom Sanzillo’s assertion that “Guyana risks economic wipe out”, extremely careless and unsubstantiated
Summary
It is worth noting at the outset that Tom Sanzillo is associated with an organization, namely the IEEFA, that is funded by renewable energy...
Special oil auditing unit underway at GRA- Jagdeo confirms
The Guyana Revenue Authority (GRA) has been given approval by the government to establish a special auditing unit that will focus on the oil...
Unpacking Kenrick Hunte’s flawed analysis on Guyana’s oil & gas industry
Summary
The recent analysis by Kenrick Hunte suggests that he hasn’t taken the time to study petroleum economics literature. At least the basics. Because, had...
Exxon spent over $80B in Guyana last year
ExxonMobil Guyana disclosed moments ago that its local content spend totalled $80 billion (US$400 million) with more than 1,500 Guyanese businesses in 2022 alone....
Finance Minister signs US$150M MoU with the Saudi Fund for Housing sector, Wismar Bridge...
Senior Finance Minister, Dr. Ashni Singh and Chief Executive Officer (CEO) of the Saudi Fund for Development Mr. Sultan A. AlMarshad today signed a...
Guyana, Islamic Development Bank sign MoU to support energy, housing, transport sectors
Senior Finance Minister, Dr. Ashni Singh today signed a Memorandum of Understanding (MoU) with the Islamic Development Bank (IsDB) concerning the Country Engagement Framework...
