Oil, Gas & You

Guyana’s growing importance on the global stage is being noticed. Since the discovery of massive oil resources, international attention and

THE scope and importance of the global oil industry can have a massive impact on regions in which it operates.

WHILE government revenue will significantly increase, due to ExxonMobil’s oil discoveries in the Stabroek block, a key secondary impact will

WITH first-oil production in 2020 fast approaching, many Guyanese are naturally curious about the costs of exploration and development and

JUST a few weeks ago, the Understanding Energy column noted that international oil and gas research firm, Wood Mackenzie, was

THE Guyana Revenue Authority (GRA) has commenced an audit of the costs Exxon has claimed under the cost-recovery provisions of

BASED on the size of our reserves and the huge investments being made, ExxonMobil and its partners will likely be

THE newly announced American Airlines route from Miami to Guyana, the opening of the American Chamber of Commerce in Georgetown,

GUYANA’s long-discussed Sovereign Wealth Fund (SWF) is one step closer to reality, with last week’s release of a government “Green

COST recovery is a straightforward concept, and it’s one that this column has touched on in the past. Given ongoing

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