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Boosting capacity crucial to Guyana’s management of oil & gas sector...

Recognising that Guyana’s institutional capacity to oversee and manage the Oil and Gas sector “is limited in the various relevant government ministries, commissions and...

Oil will impact Guyana in multiple ways: preparation to determine outcome

The main economic impact of the oil sector on Guyana is expected to take place through oil revenues, which offer an opportunity to expand...

Guyana signs US$20M loan agreement for capacity building in Oil and...

Guyana’s Minister of Finance, Winston Jordan on Thursday, April 11, participated in a signing ceremony with Ms. Tahseen Khan, World Bank Country Director for...

Magnitude of oil discoveries presents ‘historic opportunity’ for Guyana to boost...

With approval of a US$20M loan from the World Bank to support a programme geared towards capacity building for Petroleum Resources Governance and Management,...

World Bank funding to help expedite ExxonMobil cost recovery audit

Guyana’s Opposition Leader, Bharrat Jagdeo, had suggested that the Government should consider hiring external experts to audit the pre-production cost incurred by ExxonMobil in...

World Bank provides US$35M to support Guyana O&G preparations

The World Bank and Guyana’s Minister of Finance Winston Jordan on Friday, July 27, signed a policy-based loan agreement for US$35 million to support...

World Bank green-lights US$35M to boost Guyana’s oil & gas preparations

The World Bank Group announced on Monday that it has approved a US$35 million Development Policy Credit to support Guyana’s efforts to strengthen financial...

Guyana seeking initial US$1.7M from World Bank to help fund ‘gas...

Minister of Natural Resources, Raphael Trotman, has disclosed that the Government of Guyana through the Ministry of Finance has applied to the World Bank...

Guyana gets US$20M from World Bank for O&G capacity building

Guyana says it will use a US$20M loan approved by the World Bank for capacity building initiatives ahead of first oil in 2020.These include...

The World Bank won’t back oil and gas – what now?

(Chatham House) At the One Planet Summit in Paris last week, the World Bank Group announced that, from 2019, it will no longer finance...