Govt. erred with Green Paper not built on a development strategy- Ramson
All over the world, Sovereign Wealth Funds (SWF) are built on the foundation of a National Development Strategy specifically tailored based on the needs...
Audit Office learning tricks of oil trade via rigorous overseas training –Sharma
Come 2020, the Audit Office of Guyana wants to be in the best position possible to effectively audit the oil sector. In this regard,...
Relying on outside expertise to alter model PSA a waste of time-Ram
Head of the Energy Department, Dr. Mark Bynoe recently noted that the Government would be hiring technical expertise to help refine Guyana’s model Petroleum...
We need to ensure much of the oil money is spent in Guyana –...
Minister of Business, Dominic Gaskin recently noted that companies need to build local capacity in order to maximize the value of local content from...
Oil companies must commit to highest environmental, social and human rights standards-Ram
If oil companies are to make effective contributions to their host countries, then they must meet recognized international standards in the execution of their...
World Bank urges Govt. to improve weak financial management systems for the fifth time
Without active management, the inflow of oil revenues can harm rather than help a country. As such, the World Bank is urging the Government...
Govt. operating like a headless chicken on Natural Resource Fund-Ram
Chartered Accountant and Oil and Gas Academic, Christopher Ram, has described the Government as “a headless chicken” when it comes to addressing crucial issues...
Nation’s gears to offer several Master’s programmes with approval of UK University
Guyanese will soon be able to access a number of Master’s programmes at Nation’s University. The local university is gearing to offer these programmes...
EPA fails to follow up on crucial recommendations in Exxon’s EIA
Although the probability of an oil spill by ExxonMobil reaching the coast of Guyana is small, if one does occur, it would likely impact...
Tax exemptions in petroleum contracts need to be reviewed urgently-Statia
With the Guyana basin now de-risked, Commissioner General of the Guyana Revenue Authority (GRA), Godfrey Statia says that the tax exemptions for future oil...
