We must build up capacity before rushing to establish a Petroleum Commission-VP Jagdeo
Vice President, Dr. Bharrat Jagdeo has once again clarified that authorities will not be rushing to establish a Petroleum Commission, especially when the country...
Guyanese group urging US Exim bank not to fund gas-to-energy project “hopelessly misguided”-VP Jagdeo
The two Guyanese women who wrote to the US Exim Bank, asking that the financial institution withhold approval for a US$660 million loan for...
Only 40% of trillion-dollar budget will be backed by loans – VP Jagdeo
About 40 percent of Guyana’s $1.146 trillion budget, unveiled on Monday, will be financed by external loans. The remainder will come from the country’s...
Guyana to bag US$6B annually when Whiptail Project comes on stream-VP Jagdeo
Vice President, Dr. Bharrat Jagdeo disclosed today that Guyana could get as much as US$6B in revenues annually from the Whiptail Project, the sixth...
Ramjattan’s opposition to NRF account holding taxes for oil companies hypocritical-AG Nandlall
Attorney General (AG) and Minister of Legal Affairs, Anil Nandlall on Tuesday lambasted Alliance for Change (AFC) Leader, Kemraj Ramjattan’s for his hypocritical opposition...
Guyana’s 2023 export earnings increase by 16.9% to US$13.2 billion
Guyana’s export earnings grew by 16.9 percent to an estimated US$13.2B. According to the 2024 budget, this is on account of higher revenues from...
Investment in Guyana’s first refinery can exceed US$1B
Guyanese authorities have confirmed progress on the establishment of the nation's first oil refinery. Senior Finance Minister, Dr. Ashni Singh announced that out of...
Guyana poised to be largest non-OPEC producer by 2027- Min. Singh
Given ExxonMobil Guyana’s operational performance in the Stabroek Block, local authorities say plans remain on track for the nation to have six floating, production,...
As demand for skills increase, govt. moves to develop integrated labour market information system
With Guyana’s accelerated oil sector production creating labour shortages across various sectors, authorities revealed plans to develop an integrated labour market information system.
Senior Finance...
To fund Trillion dollar budget, Govt. plans to take more money from oil account
During the unveiling of his $1.146 trillion budget for 2024, Senior Finance Minister, Dr. Ashni Singh disclosed on Monday that his government intends to...
