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Oil will convert Guyana’s deficit to surplus – IMF

The International Monetary Fund (IMF) said that Guyana’s external outlook remains favourable and is expected to improve with the start of oil production. The IMF...

IDB willing to fund creation of “proper institutions” in Guyana for...

The Inter-American Development Bank (IDB) is open to providing technical and financial assistance to Guyana for the creation of institutions needed to support the...

ExxonMobil confirms award of contracts to SBM for Liza project in...

ExxonMobil has formally confirmed the award of contracts to SBM Offshore for the next phase of the Liza project in Guyana. Under these contracts,...

Guyanese businesses willing to “buddy” with Trinidad for oil & gas...

The business community in Guyana was abuzz over the last two days as a 25-member trade delegation from neighbouring Trinidad & Tobago flocked to...

JUST IN: Guyana to earn 2% royalty from Liza field production;...

Guyana will be earning a 2% royalty on gross earnings from the Liza oil field production. This will come, along with a 50/50 Production Sharing...

UK Prof. to Guyanese worried about use of oil revenues: “You...

As Guyanese continue to ask questions about how best they can ensure revenues collected from oil production is not misused, a visiting UK professor...

Analyst says Guyana gov’t “sending right signals” but issue of transparency...

A political risk analyst in the oil and gas industry said today at an energy conference in California that while the Guyana Gov't is "sending right...

Pressing issues addressed at opening of 26th La Jolla Energy Conference...

The Institute of the Americas 26th annual La Jolla Energy Conference got underway today in San Diego, California marking the beginning of two days...

Venezuela: An abundance of oil, shortage of gasoline

Venezuela; home to a number of oil refineries and the country with the largest proven oil reserves in the world, is now being forced...

Suriname Staatsolie warns against fraudsters offering jobs with company

Suriname state oil company, Staatsolie, has issued a warning about fraudsters who claim they represent the company and are making false job offers to...