60 percent of Exxon’s investments in products, services are supplied from outside Guyana

“More than 60 percent of ExxonMobil’s investments in products and services are supplied from outside these shores. Yet, there has been no serious attempt...

Guyana and Newfoundland sign MOU to enhance cooperation in Oil and Gas

Minister of Business, Dominic Gaskin, signed a Memorandum of Understanding (MOU) today on enhanced cooperation and collaboration in the area of oil and gas...

Energy Expert urges APNU+AFC Govt. to begin refining outdated petroleum laws

“Guyana needs to refine its petroleum laws and legal framework or else it will be cursed for good. I can't say that I am...

Canadians to partner with Guyanese for access to oil and gas opportunities

The High Commission of Canada and the Province of Newfoundland and Labrador are collaborating with the Government of Guyana to bring a Canadian oil...

Jordan speeding up Ministry’s training process for oil and gas sector

The Finance Ministry has started preparing to manage and monitor the complex oil and gas sector with first oil only a year or so...

GRA hurries to prepare for oil auditing but still to get tax administration right...

The Guyana Revenue Authority (GRA) is yet to fix some of the fundamental issues related to tax administration. Yet, this very entity is racing...

Guyana could pay dearly for relying on oil companies to self-regulate- Oil Expert

By Suraj Narine Countries across the world have paid the price for leaving it up to oil operators to exercise their “good” conscience and honour...

Guyanese policymakers should avoid handouts, subsidies from oil money–Former TT Minister

Former Energy Minister of Trinidad and Tobago, Kevin Ramnarine is of the view that Guyana’s leaders should stay clear of using the nation's oil...

GRA to recommend removal of Stabilization clause from model PSA during discourse with Energy...

Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia is of the firm view that the stabilization clause in the ExxonMobil oil deal puts Guyana...

Leading Mexican agency engages Guyana on how to best regulate oil sector

Officials from the Embassy of Mexico and the Government of Guyana are currently engaged in a two and a half day workshop on best...

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