Oil increases export earnings by 68 percent to US$4.3B
At the end of 2021, Guyana’s total export earnings amounted to US$4.3B, 68 percent higher than the US$2.6B earned in 2020. This was disclosed...
Oil revenues funds National Budget of $552.9B with no new taxes
Backed by oil proceeds, Budget 2022 totaled $552.9B. This was announced today by Senior Minister with responsibility for Finance, Dr. Ashni Kumar Singh. The...
Govt. to invest $420.5M to train 1000 Guyanese for oil sector
To ensure Guyana has a well-trained cadre of men and women who can take on leading roles in the oil sector, the PPP/C government...
Budget 2022: $20.8B allocated for Gas-to-Energy Project, solar farms
With the aim of advancing the transition to cleaner sources of energy, the PPP/C Government has set aside $29.4B in the 2022 budget for...
Latest discoveries in Stabroek Block could hold over half a billion barrels of recoverable...
Following its data review of the most recent discoveries in the Stabroek Block, being Fangtooth and Lau Lau, Norwegian Consultancy Group, Rystad Energy says...
APNU+AFC fears losing more supporters once transformational gas-to-shore project comes on stream – Minister...
The APNU+AFC’s resistance as well as its parliamentary tactics aimed at stymieing the US$900M gas-to-shore project only exposes its obvious fear of losing more...
Parliament to consider two nominees for oil fund boards
The National Assembly, via its Committee on Appointments, will now have the opportunity to consider and propose two nominees for the President to appoint...
US$900M gas-to-shore project will have Guyana paying for power she cannot utilize – Patterson
In the absence of detailed analyses for the US$900M gas-to-shore project, Opposition Member, David Patterson contends that the PPP/C Government will have Guyana pay...
We’re an oil producing nation now; Govt. must abolish UG fees – AFC
The Alliance For Change (AFC) is calling on the government to immediately abolish fees at the University of Guyana (UG). The party is of...
EPA inserts US$45 flaring penalty in Liza Phase Two permit
Having collected over $930M for flaring on the Liza Destiny FPSO which has been plagued by mechanical issues, the Environmental Protection Agency (EPA) has...