Dr. Bynoe giving oil companies an incentive to inflate costs – Jagdeo
“Most ridiculous,” said Opposition Leader Bharrat Jagdeo as he described government’s decision not to sanction oil companies that inflate recoverable costs.
Kaieteur News recently reported...
A Local Content Policy of high quality must outline strategy to build capacity for...
Any Local Content Policy that purports to be of high quality, and is for the people, has a few fundamental characteristics in common. One...
Oil export routes will be monitored to keep drug smuggling gangs at bay –Statia
In a month’s time, traders from around the world would be chartering several vessels to purchase oil from the Stabroek Block which is operated...
Crude Lifting Agreement for Stabroek Block oil finalized-Dr. Bynoe
The Crude Lifting Agreement which sets out the rules and guidelines to be followed for the sale of petroleum from the Stabroek Block has...
Local Content Policy to be ready in time for First Oil-Dr. Bynoe
Head of the Energy Department, Dr. Mark Bynoe, revealed today that the final draft of the Local Content Policy was submitted by UK Consultant,...
“No side-deals” taking place in face-to-face bidding for Guyana’s crude with oil companies-Energy Dept....
Energy Department Director, Dr. Mark Bynoe assured members of the media this morning that there is nothing nefarious taking place in the “face-to-face” bidding...
Energy Dept. defends decision to invite selected group of traders, refiners for face-to-face bidding...
Even though there are speculations of possible corruption afoot, the Department of Energy is maintaining that its decision to invite a select group of...
Third draft of Guyana’s Local Content Policy is junk, must be scrapped-Chris Ram
Only one word can be used to describe the third draft of Guyana’s Local Content Policy—Junk! This is according to Chartered Accountant, Christopher Ram...
Poorly paid civil servants, weak institutions will always make your natural resources easy loot...
Much has been said about the need for robust Petroleum laws and policies. But what difference would it make if the guardians of the...
You must shun bribery, threats and intimidation – Jordan tells Ministry’s internal auditors
The coming oil and gas industry will demand more from the Ministry of Finance’s internal auditors. As such, Finance Minister, Winston Jordan yesterday charged...
