Americaโ€™s wealthiest asset managers eager to help modernize Guyanaโ€™s financial systems

An impressive group of American asset management firms were recently in Guyana for talks with President, Dr. Irfaan Ali and his team on potential...

Financial Analyst raises concerns over Exxon’s procurement practices; calls for amendments to Local Content...

Financial Analyst Joel Bhagwandin, representing his financial firm, SphereX Professional Services, has put forth a series of compelling recommendations on possible amendments to the...

High-profile investors gathering in Guyana to explore economic opportunities

As investors continue to cast their eyes on Guyanaโ€™s burgeoning economy, a a delegation comprising esteemed investors from the United States (US) and the...

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 CNOOCโ€™s 2022 Financial Statementsย 

Summary Guyanaโ€™s net take inclusive of local content spend together with the governmentโ€™s take cumulatively as of 2022 amounted to G$697.7 billion or US$3.34 billion...

Guyana, United Nations host meeting to review regionโ€™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...

Govโ€™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 Sanzilloโ€™s assertion that โ€œGuyana risks economic wipe outโ€, 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 industryย 

Summary The recent analysis by Kenrick Hunte suggests that he hasnโ€™t taken the time to study petroleum economics literature. At least the basics. Because, had...

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