Govt. to engage int’l advisors on hosting another oil blocks auction in 2024
Vice President, Dr. Bharrat Jagdeo says its possible Guyana could host its second oil blocks auction in 2024 but stressed the need to consult...
EPA not required by law to publicly disclose Exxon’s $2B financial package for oil...
Guyanese litigants, Frederick Collins and Godfrey Whyte, are requesting that ExxonMobil makes public a US$2 billion parent company guarantee lodged with authorities to cover...
Govt. not conducting seismic survey for offshore blocks-VP Jagdeo clarifies
Vice President Dr. Bharrat Jagdeo, in a press briefing on Thursday, clarified that the government will not be conducting a seismic survey on its...
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...
