Proprietary Database being built to detect inflated costs, tax avoidance schemes by oil companies...
By Suraj Narine
The Guyana Revenue Authority (GRA) is in the process of building a proprietary database so that it can be in the best...
Hefty fines, other penalties for any unapproved cargo on Liza Destiny -Statia
By Suraj Narine
A few weeks ago, the Guyana Revenue Authority (GRA) deemed the Liza Destiny, Guyana’s first Floating Production Storage and Offloading (FPSO) vessel,...
Bickering among politicians over Guyana’s oil already a clear sign of resource curse-Dr. Mangal
For Guyana to truly benefit from its oil revenue, several changes should have been made over the last four years. Unfortunately, Guyana’s leaders have...
Eco Atlantic, Total agree to drill more Guyana wells despite heavy oil finds, Operator’s...
Even though Tullow Oil has suffered a year of shrinking share prices and the inability to make dividend payments, its partners, Eco Atlantic and...
Tullow’s Share price takes another blow, to suspend dividend payments
The old adage, “When it rains it pours,” surely comes to mind when one considers the series of misfortunes UK oil major, Tullow Oil,...
Guyana must increase Post-Clearance Audit capacity to improve trade in oil sector –IMF
The International Monetary Fund (IMF) is of the firm conviction that Guyana needs to strengthen its Post-Clearance Audit (PCA) capacity to improve the trade...
ExxonMobil’s share price declines, expected to bounce back in 2020 with Guyana operations-Merrill Lynch
For the past few months, ExxonMobil’s share prices have seen a decline, its credit outlook has been downgraded and it is outspending its cash...
Guyana has highest liability coverage for oil spills in the world-EPA Head
The Environmental Protection Agency (EPA), in partnership with the Bank of Guyana and the Department of Energy, has been able to get ExxonMobil’s subsidiary,...
Exxon contributes GYD$20M to support STEM conference
ExxonMobil Guyana has teamed up with the Volunteer Youth Corps (VYC) Inc. to stage the 7th Science, Technology, Engineering and Mathematics (STEM) Conference held...
A PPP/C Gov’t. would have to work with Opposition to implement policies to advance...
Leader of the Opposition, Bharrat Jagdeo says that should the People’s Progressive Party/Civic (PPP/C) secure a win at the March 2, 2020 polls, it...