VP Jagdeo debunks Jordon’s claim that $100k cash grant will fuel inflation
Vice President, Dr. Bharrat Jagdeo recently dismissed the opposition’s criticisms that the $100,000 cash grant and increased wages for public servants will lead to...
Tax exemptions for oil sector have to be tempered- Petroleum Advisor to...
“Now that certain parts of offshore Guyana have been de-risked, an opportunity is before us to examine the exorbitant tax concessions granted to operators...
Govt. makes third US$207M withdrawal from oil account
Senior Finance Minister, Dr. Ashni Singh announced on Tuesday that the government made its third withdrawal from the Natural Resource Fund totalling US$207.6M (G$43...
In 3 yrs, Local Content Law ensured oil companies procured US$1.5B in services from...
Picture this – you are a Guyanese, your trade is food catering and you possess the necessary certifications. Business is good, but it certainly...
Guyana will be paying our taxes, so massive revenue will be unaffected -Hess CFO...
In accordance with international best practices for Production Sharing Agreements (PSAs), the operator is given some tax breaks for imports; but, it is still...
Addressing inaccuracies in Hughes’ victory speech
Dear Editor,
Having reviewed the newly elected leader of the Alliance for Change (AFC), Mr. Nigel Hughes “victory” speech that he delivered at the party’s...
Guyana earned more profit oil than Exxon, partners last year- Vice President
In light of a recent financial review in some sections of the media which concluded that the Stabroek Block joint venture partners made more...
Eco Atlantic says it remains fully funded for drilling Orinduik block despite economic downturn
In spite of the depressed economic climate, Canadian exploration firm, Eco Atlantic Oil and Gas Limited, was pleased to announce that it is fully...
Even with outstanding reserves, Guyana must “play nice” with oil companies — Analyst
The political environment and the aggression by Venezuela are two critical factors that have international onlookers worried about possible disruptions in Guyana’s...
Guyana achieves record-breaking FDI for region with US$4Billion inflows in 2022- Report
Guyana has achieved another remarkable feat by attracting the highest foreign direct investment (FDI) inflows in the Caribbean region, reaching an impressive total of...
