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Guyana’s O&G earnings to be invested in “safe and liquid assets”-...

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A portion of revenues from Guyana’s oil and gas industry, once placed in the imminent Natural Resource Fund (NRF) will be “invested...

Guyana to take IMF’s recommendation on petroleum taxation on board

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Guyana will be taking on board some of the recommendations made by the International Monetary Fund (IMF) recently with regards the modernizing of its...

Guyana says ExxonMobil signature bonus still intact, earning interest

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Guyana’s Minister of Finance, Winston Jordan says none of the US$18M—received as a signing bonus from US oil major ExxonMobil—has been spent, and the...

Guyana ‘green goals’ to guide how oil revenue is spent

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The South American country of Guyana intends to spend the billions of dollars that is expected from oil production in the coming years, in...

US Ambassador wealth fund comments “misinformed” – Finance Ministry

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Guyana’s Ministry of Finance describes as “misinformed” some of the views expressed in an Op-Ed written by US Ambassador to the South American country,...

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

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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 –...

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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...

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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,...

IDB/IDA begins funding Guyana O&G development programme

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The Guyana Government has set aside an allocation in its annual national expenditure, to go towards the building of institutional capacity in the Oil...

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

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