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Guyana holding firm on full transparency in oil and gas –...

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The Government of Guyana – South America’s newest oil and gas hotspot – has reiterated its commitment to transparency and accountability in...

EITI warns against resource-backed loans

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Entering into resource backed loan arrangements could devastate the economies of developing resource rich countries. However, it has been recognized that mechanisms...

US doubles support for transparency in Guyana’s extractive sector

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The United States Embassy in Georgetown on Monday announced that United States’ Agency for International Development (USAID)’s support for transparency and good governance in...

Guyana’s first EITI validation set to commence in October

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Even as Guyana prepares for the compilation and publication of its second Extractive Industries Transparency Initiative (EITI) Report for fiscal year 2018, the country is...

Absence of Parliamentary oversight in Guyana stalls hiring of administrator for...

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The delay in the commencement of the next session of Parliament in Guyana is affecting the hiring of an Independent Administrator which will play...

A big deal: Transparency in Guyana’s booming oil sector

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A note from the Extractive Industries Transparency Initiative Recent oil discoveries looked certain to transform Guyana’s economy. But the oil price shock could alter Guyana’s expected...

EITI wants Guyana to disclose crude sales agreements

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The Extractive Industries Transparency Initiative (EITI) is encouraging Guyana to disclose sales agreements related to the country’s share of oil production. In an article published on...

EITI to foster greater transparency in implementing states amidst COVID-19

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Chair of the Extractive Industries Transparency Initiative (EITI) International Board Helen Clark said as the world reels from the COVID-19 pandemic, the Secretariat recognises...

Transparency body to receive first trades in oil data from Guyana’s...

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The Guyana Extractive Industries Transparency Initiative (GYEITI) will soon be receiving information regarding Guyana’s first trades in oil now that the country has commenced...

DE to collaborate with transparency body for disclosures on Guyana’s oil...

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As the Guyana government prepares to sell its first oil lift from the Liza Phase 1 development in the prolific offshore Stabroek Block, the...