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TIGI signing bonus court case against Guyana Gov’t hits ‘snag’

Litigation brought against the Guyana Government by anti-corruption watchdog agency Transparency Initiative Guyana Inc. over the US$18 million signing bonus it received from ExxonMobil...

Guyana waives import taxes to set up ‘natural gas’ refilling stations

The Guyana Government in its push to prepare for an Oil and Gas sector has, as part of its incentive regime for the private...

US$18M ‘signing bonus’ will eventually be placed in Consolidated Fund –...

Guyana’s Finance Minister Winston Jordan says CGX Energy must be commended if they did indeed pay US$10M in legal fees on behalf of Guyana...

Finance Minister says no rules broken with special account for signing...

Guyana’s Minister of Finance, Winston Jordan, has defended the deposit of an US$18M ‘signing bonus’ into a special account at the Bank of Guyana,...

MoF, MNR to form joint technical committee on oil

Following a recommendation by the International Monetary Fund (IMF), the Government of Guyana is in the process of establishing an Inter-Ministerial Technical Committee (IMTC)...

Guyana plans to revise PSA model to ensure nation gets fair...

The Guyana Government has announced a revision of the way it conducts business with Oil and Gas Exploration Companies, through its use of Production...

Oil & gas to lead Guyana foreign investments in 2018

Still in its infancy, Guyana’s Oil and Gas Industry is poised to lead Foreign Direct Investment (FDI) in the South American country come next...

Guyana collected close to US$4.4M in revenue for oil &...

Guyana’s Minister of Finance, Winston Jordan, disclosed on Monday that the country has collected around US$4.4M (G$900 million) in revenue for the first half of...

IMF team in Guyana advising on Fiscal Responsibility Framework

Guyana is continuing to receive support from international organizations in the development of policies to successfully manage the emerging Oil and Gas sector, with...