Despite some flaws, Guyana’s new oil fund law strong, innovative, transparent –Expert
In spite of the wave of criticisms the PPP/C Government’s Natural Resource Fund (NRF) Law has faced within these shores, International Expert on Sovereign...
Energy Chamber praises low carbon vision of 2022 budget; mulls reduced subsidies for solar...
While it has expressed great satisfaction with many of the transformational proiects in the PPP/C’s $553B budget, the Guyana Oil and Gas Energy Chamber...
National Oil Spill Committee, US Coast Guard complete three-day Risk Assessment Training
The United States Coast Guard (USCG), in collaboration with the US State Department, yesterday concluded a three-day workshop with members of the National Oil...
Oil increases export earnings by 68 percent to US$4.3B
At the end of 2021, Guyana’s total export earnings amounted to US$4.3B, 68 percent higher than the US$2.6B earned in 2020. This was disclosed...
Oil revenues funds National Budget of $552.9B with no new taxes
Backed by oil proceeds, Budget 2022 totaled $552.9B. This was announced today by Senior Minister with responsibility for Finance, Dr. Ashni Kumar Singh. The...
Govt. to invest $420.5M to train 1000 Guyanese for oil sector
To ensure Guyana has a well-trained cadre of men and women who can take on leading roles in the oil sector, the PPP/C government...
Budget 2022: $20.8B allocated for Gas-to-Energy Project, solar farms
With the aim of advancing the transition to cleaner sources of energy, the PPP/C Government has set aside $29.4B in the 2022 budget for...
Latest discoveries in Stabroek Block could hold over half a billion barrels of recoverable...
Following its data review of the most recent discoveries in the Stabroek Block, being Fangtooth and Lau Lau, Norwegian Consultancy Group, Rystad Energy says...
APNU+AFC fears losing more supporters once transformational gas-to-shore project comes on stream – Minister...
The APNU+AFC’s resistance as well as its parliamentary tactics aimed at stymieing the US$900M gas-to-shore project only exposes its obvious fear of losing more...
Parliament to consider two nominees for oil fund boards
The National Assembly, via its Committee on Appointments, will now have the opportunity to consider and propose two nominees for the President to appoint...
