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Guyana’s revenue from oil production expected to significantly increase in a few years as Exxon, COVs recoup costs
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Guyana’s revenue from oil production expected to significantly increase in a few years as Exxon, COVs recoup costs

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Sale of two December cargoes to add US$149 million to Guyana oil fund in Q124
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Sale of two December cargoes to add US$149 million to Guyana oil fund in Q124

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As Guyana’s budget expands by almost half, oil will fund 29%
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As Guyana’s budget expands by almost half, oil will fund 29%

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Stabroek PSA delivers US$1.4 billion in profit oil, US$218 million in royalties, helps boost Guyana’s budget allocations
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Stabroek PSA delivers US$1.4 billion in profit oil, US$218 million in royalties, helps boost Guyana’s budget allocations

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Oil fund withdrawal rule too conservative, says Guyana VP
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Oil fund withdrawal rule too conservative, says Guyana VP

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Guyana to revise oil law to spend more of its windfall this year
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Guyana to revise oil law to spend more of its windfall this year

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2023 saw Guyana’s total oil output at 142.9 million barrels – Finance Minister
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2023 saw Guyana’s total oil output at 142.9 million barrels – Finance Minister

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Guyana oil fund closed 2023 with US$1.97 billion
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Guyana oil fund closed 2023 with US$1.97 billion

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Guyana withdrew US$1 billion from oil fund for 2023
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Guyana withdrew US$1 billion from oil fund for 2023

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Guyana poised to receive over US$100 million in signature bonuses early next year
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Guyana poised to receive over US$100 million in signature bonuses early next year

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OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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