and other oil and gas-related issues. Government has also produced a new model Production Sharing Agreement (PSA), which will ultimately see the State’s take rising to over 60 per cent of the current ...

MINISTER of Natural Resources, Vickram Bharrat, has affirmed that the People’s Progressive Party/Civic (PPP/C) government has and will continue to ensure that the benefits of Guyana’s oil resources ...

Importantly, the fiscal space created by oil has strengthened Guyana’s borrowing capacity. Confident in its ability to service debt through future earnings, the government has been able to secure ...

and catapulted the impoverished South America country firmly onto the global oil map. OilPrice points out that the offshore Guyana-Suriname Basin is being called the world’s most exciting oil ...

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...

Guyana has been invited to lead a group comprising the world’s newest oil-producing nations, starting next month. Guyana’s Minister of Natural Resources Vickram Bharrat said the group would ...

However, these plans have raised concerns about the impact it could have on the world market with Brent prices already down. This situation is likely to affect Guyana’s burgeoning oil and gas sector ...

President Irfaan Ali says his administration intends to use the oil sector as a mechanism ... intention is not to position Guyana strategically in the energy mix of this region and to do that we need ...

A lot of people are probably not aware that there are disputes going on all over the globe about territorial rights. The most public battles are between the Ukraine and ...

Guyana has been invited to lead a global group of the world’s newest oil-producing countries, Natural Resources Minister Vickram Bharrat announced Saturday. Bharrat spoke at the inauguration ceremony ...

Bharrat pointed out that, contrary to the opposition’s narrative, the PPP/C government had made substantial progress, particularly in ensuring that oil wealth was reaching the people of Guyana. He ...