Avoid the mistakes of other nations… Guyana needs law for transparency on cost audits...
“One of the biggest problems oil producing nations face is that the governing party is usually scared to denounce the actions of the operators…And...
World Bank, IMF helping GRA on administering tax avoidance rules for oil sector
All governments face tax administration challenges. But some of these are the result of poorly designed systems that may not provide the tax agency...
Political parties should state position on renegotiating oil contracts -TIGI Head
Head of Transparency International Guyana Inc. (TIGI), Dr. Troy Thomas, believes that all political parties should state their position on the renegotiation of oil...
IMF completes study on pros, cons of Guyana paying taxes on behalf of oil...
The International Monetary Fund (IMF) has completed a study on Guyana’s pay-on-behalf system which kicks in as a result of the structure of its...
World Bank, IMF helping GRA on administering tax avoidance rules for oil sector
All governments face tax administration challenges. But some of these are the result of poorly designed systems that may not provide the tax agency...
Guyanese leaders’ approach to develop key oil institutions “cheap” — LatAm. analysts
Since 2015, Guyana should have had in place a dedicated oil and gas regulator, a specialised institute to teach technical skills and its Natural...
World Bank, IMF strengthening Guyana’s financial laws to protect oil revenues –Finance Minister
In the last two years, several international bodies have recommended that Guyana strengthen its fiscal regime to ensure its oil money is not only...
Stabroek Block’s successes critical to the futures of Exxon, Hess, CNOOC
The success of the Stabroek Block is not only crucial to the future of one licensed exploration partner but the entire trio says Luiz...
Prolific Guyana Basin could have more to give-Hess VP
The exploratory work done by ExxonMobil and its partners in certain parts of the Stabroek Block offshore Guyana have led to 10 discoveries which...
Exxon’s partner takes billion dollar blow in market trade value after Venezuelan incursion
One of ExxonMobil’s partners in the oil rich-Stabroek Block, Hess Corporation, took a huge blow to its market value after a Venezuelan military ship...
