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...
Guyana received US$1.6 Billion in profit oil, royalties for 2023-Minister Singh
According to Guyana’s 2024 budget, the country recorded a staggering US$1.6B in oil earnings for 2023. Revealing the details of the income for the...
Local Content Law secured employment for over 3900 Guyanese; trapped US$721M in spend for...
Since its passage in 2021, Guyana’s Local Content Law has proven to be a powerful instrument in securing jobs for citizens. In fact, Senior...
$80 Billion set aside for Gas-to-Energy project in 2024 Budget
Guyana's landmark gas-to-energy project has secured a significant allocation of $80 billion in the 2024 budget. This was disclosed today by Finance Minister, Dr....
Ramjattan backs Chris Ram’s claim that NRF bloated with taxes for oil companies
Leader of the Alliance For Change (AFC), Kemraj Ramjattan has added his voice to the ongoing debate on the overstated nature of the Natural...
Govt. striving for deeper integration of energy sector into local economy- VP Jagdeo
Vice President, Dr. Bharrat Jagdeo recently highlighted that the government is taking strategic steps to integrate the oil and gas sector into the economy...
India to help Guyana continue build out of robust regulatory framework for oil sector-VP...
While the Guyana Government has already covered substantial ground in modernizing its framework for the oil and gas sector, there is still more running...
