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Oil Finds: Guyanese people need to benefit from resources

The importance of Guyanese benefiting directly from what is believed to be significant commercial quantities of crude oil offshore the South American country is being emphasized by the head of a key entity representing the interest of the country’s...

Oil prices rise to one-month high

The price for oil on the global market rose on Tuesday to an almost 1-month high with Brent futures increasing by US$1.05, or 2 percent, settling at US$54.17 per barrel. This increase comes on the heels of an unplanned production...

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Guyana now getting largest share of Stabroek Block oil production

Guyana President Irfaan Ali said Tuesday that Guyana is now entitled to 39.8% of all crude oil produced from...