“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...
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,...
