We consider every cent we put into Guyana’s economy to be local content- Brasington
The development of local skills, the significant use of indigenous goods and services, and the transfer of technology are what constitute local content in...
Guyanese need legislative protection for local content – Ramson
“The state of affairs in Guyana regarding local content is becoming overwhelmingly disturbing. It was unfortunate enough that we were dealt a bad hand...
Any scaling-up of public investment should be done gradually- IMF
The International Monetary Fund (IMF) has advised the Government of Guyana to be prudent in any attempt to increase public investment.
This recommendation was made...
ExxonMobil never did business with Ram and McRae-Chris Ram
While ExxonMobil boldly listed Ram and McRae as one of the companies that benefitted from its local content efforts during the first quarter of...
ExxonMobil refused to give opposition information it requested- Jagdeo reveals
Each time the People’s Progressive Party/ Civic (PPP/C) Parliamentary Opposition tried getting certain information from ExxonMobil, the company denied the request.
Opposition Leader, Bharrat Jagdeo...
Bourda Market makes list of “companies” benefitting from ExxonMobil’s Local Content efforts
Today, Government of Guyana (GOG) released a list of 228 “companies” that have been benefitting from the local content efforts of ExxonMobil. The list,...
ExxonMobil welcomes audit into US$460M pre-contract cost
ExxonMobil is not afraid of any audit that the Government of Guyana may have conducted into the controversial US$460M pre-contract cost. In fact, ExxonMobil’s...
Guyana has not managed a single State-Owned Enterprise successfully
After 30 years of managing 10 State Owned Enterprises (SOE), Guyana’s authorities would find it difficult to point to one that is a shining...
“I deliberately stalled Petroleum Commission Bill” – Trotman
Minister of Natural Resources, Raphael Trotman has admitted that he deliberately stalled the passage of the Petroleum Commission Bill. The draft law is essential...
Guyana’s Sovereign Wealth Fund would be illegal without Constitutional amendment -Ramson
Attorney-at-Law and Oil and Gas Academic, Charles Ramson recently pointed out that Guyana will have to amend its Constitution to avoid any fiscal complications...
