Oil & Gas
Gov’t, Opposition meeting on Local Content Bill foiled as Harmon a no-showA meeting between the government and opposition to discuss the APNU+AFC’s proposed amendments to the Local Content Bill had to…
Civil Society Member withdraws signature from letter objecting to NRF BillSee below letter by Charles Sugrim, a member of the Civil Society Group that objected to the proposed amendments of…
GCCI pleased with NRF amendments but wants more time to provide inputSee below full release issued by the Georgetown Chamber of Commerce and Industry (GCCI): The Georgetown Chamber of Commerce and…
‘No big guess’ about where oil money will be spent - Pres. Ali dismisses criticismsPresident Dr. Irfaan Ali has dismissed criticisms that new law amendments will allow the government to raid Guyana’s oil fund,…
Board of Directors for oil fund part of int’l standards - Pres. AliThe newly-proposed Board of Directors to manage Guyana’s Natural Resource Fund (NRF) is not only geared at stripping the overpowering…
Key stakeholders, not bodies without supporters, should be leading advocacy, lobbying efforts - JagdeoThe proposed amendments to the Natural Resource Fund (NRF) Act has stirred some debate in certain sections of the media…
To benefit from oil & gas opportunities, private sector readies for local content registerThe new Local Content Bill proposes a register of Guyanese employees and companies and PSC Chairman Paul Cheong says that…
Multimillion-dollar deep water port to reduce cost of exporting rice, other produce from BerbiceBy Vishani Ragobeer [email protected] The multimillion deep water port located aback the Seawell village in Region Six (East Berbice- Corentyne)…
Easier access to loans, change in banking relations on PSC 2022 planningAs the new year looms, Guyana’s Private Sector Commission (PSC) is set to increase lobbying efforts for easier access to…
Integrity, expertise & not political connections criteria for NRF Board - Pres. AliA new Board of Directors is being proposed to manage Guyana’s Natural Resources Fund (NRF) and President Dr. Irfaan Ali…
New NRF Bill dismantles APNU+AFC’s architecture for ministerial involvement & interferenceSee below full press release issued by the Ministry of Finance The Ministry of Finance has taken note of recent…
Local Content Bill ‘perfect Christmas gift’ for Guyana - GCCIThe Local Content Bill can be seen as the “perfect Christmas gift” for Guyana and with that critical piece in…
Gov’t can withdraw all oil revenues when Natural Resources Fund becomes lawThe government can, in the first instance, withdraw all oil revenues accumulated in the Natural Resource Fund (NRF) in the…
GOGEC applauds gov’t on tabling local content legislationSee full press release below: The Guyana Oil and Gas Energy Chamber (GOGEC) welcomes the move by govt to swiftly…
Board of Directors, no Parliamentarian, proposed to manage oil moneyA new Board of Directors, comprising three to five members, is being proposed to manage Guyana’s Natural Resource Fund (NRF)…
READ: Specific sectors for Guyana, local companies under proposed Local Content LawUnder proposed Local Content Legislation, which seeks to prioritise the involvement of Guyanese and local companies in the nascent petroleum…
Local Content Bill proposes delicate balance for foreign and local companiesProposed new legislation to regulate how foreign companies should operate in Guyana’s petroleum industry has sought to strike a delicate…
Should the developing world bear the burden of saving the earth? Jagdeo says noBy Vishani Ragobeer [email protected] Many have been critical of Guyana’s oil and gas exploits because the production of oil and…

