Exxon’s Hammerhead well among top five offshore wells to watch for 2019 -Wood MacKenzie

Even though the appraisal results are not completed as yet, ExxonMobil’s Hammerhead is no doubt, one of the top five wells to watch for...

Prices for Motor Gasolene and Gasoil reduced from tomorrow

Starting from tomorrow, Super 95 Gasolene will be wholesaled at $208.00 per litre or 27.44% less, and Gasoil (LSD) at $207.00 per litre or...

Guyana makes ExxonMobil lead explorer for 2018 –Wood Mackenzie

Guyana’s prolific offshore basin has pushed ExxonMobil to the top of the oil and gas explorers’ leader board for 2018, says industry analyst Wood...

Guyana can use Que$tor software to test reasonableness of companies’ cost estimates-Oxfam Director

Testing the reasonableness of an oil company’s cost estimates has been quite a challenge for oil producing nations. But Oxfam Director, Ian Gary, thinks...

Avoid the mistakes of other nations… Guyana needs law for transparency on cost audits...

“One of the biggest problems oil producing nations face is that the governing party is usually scared to denounce the actions of the operators…And...

World Bank, IMF helping GRA on administering tax avoidance rules for oil sector

All governments face tax administration challenges. But some of these are the result of poorly designed systems that may not provide the tax agency...

Political parties should state position on renegotiating oil contracts -TIGI Head

Head of Transparency International Guyana Inc. (TIGI), Dr. Troy Thomas, believes that all political parties should state their position on the renegotiation of oil...

IMF completes study on pros, cons of Guyana paying taxes on behalf of oil...

The International Monetary Fund (IMF) has completed a study on Guyana’s pay-on-behalf system which kicks in as a result of the structure of its...

World Bank, IMF helping GRA on administering tax avoidance rules for oil sector

All governments face tax administration challenges. But some of these are the result of poorly designed systems that may not provide the tax agency...

Guyanese leaders’ approach to develop key oil institutions “cheap” — LatAm. analysts

Since 2015, Guyana should have had in place a dedicated oil and gas regulator, a specialised institute to teach technical skills and its Natural...

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