Guyana Invited to Lead New Global Oil Producers’ Group

Guyana Invited to Lead New Global Oil Producers’ Group

By: dpi.gov.gy | Editorial Credit: dpi.gov Guyana’s exemplary management of its oil and gas sector has earned it an invitation to chair a global coalition of the world’s newest oil-producing nations. The group includes fellow oil producers such as Ghana and Suriname. Minister of Natural Resources Vickram Bharrat made the announcement on Saturday during the […]

Analysis of Guyana’s Economic Development Budgets for 2024 and Beyond: Harnessing Oil Revenues for a Sustainable Future

Analysis of Guyana’s Economic Development Budgets for 2024 and Beyond: Harnessing Oil Revenues for a Sustainable Future

By Rona Mahadeo | Editorial credit: em_concepts / shutterstock.com  Guyana, a small South American nation with a population of just under 800,000, has emerged as one of the fastest-growing economies globally due to its significant offshore oil discoveries starting in 2015. With an estimated 11 billion barrels of recoverable oil reserves discovered in the Stabroek […]