Finance Minister already lowers expectations for economic growth by .4 percent

Finance Minister, Winston Jordan has already begun chiseling at Guyana’s Gross Domestic Product (GDP) growth projections for 2018. The economy was originally projected to...

ExxonMobil’s partners only bring money to Stabroek Block

The Stabroek Block is controlled by a consortium of three companies: Hess Guyana Exploration Ltd, China National Offshore Oil Corporation (CNOOC) and Esso Exploration...

Guyana can end up repaying oil companies for unnecessary costs in absence of Expense...

Every Production Sharing Contract (PSC) ought to have an expense policy; a clear set of provisions that state what can be charged in the...

Govt.’s blurred vision for oil proceeds can land Guyana in tailspin

Governments of frontier oil countries are often faced with the burning desire to “do it all.” They frequently rush to put measures in place...

Worrying budget constraints can affect hiring of technically competent individuals for Oil and Gas...

Guyana is facing a number of setbacks in its quest to build a robust oil and gas sector. One of them includes finding and...

GGDMA, GWMO sign concession agreement with GoG

President of the Guyana Women Miners Organisation (GWMO), Urica Primus and President of the Guyana Gold and Diamond Miners Association (GGDMA), Terrence Adams, on...

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