This active, deliberate and calculated inaction has led to the absurdity where The Bahamas, a country with only sand, sea and shells, will soon generate more tax revenue from Guyana’s oil ...

The oil and gas production in Guyana reportedly hit construction delays and has threatened to curtail the rising oil hotspot’s revenue by about $1 billion this year. Guyana’s $1.9 billion gas ...

The government also reported revenues of $230 million in January from the country's share of oil output that was exported by the government, and royalties. For all 2025, Guyana forecasts $2.5 ...

Exxon Mobil Corporation XOM and Guyana's government are set to begin discussions over a tax dispute involving $214 million in expenses registered by the U.S. oil giant. The country's Natural Resources ...

The U.S. Foreign Tax Credit (FTC) is designed to prevent double taxation by allowing individuals and corporations to offset taxes paid to foreign governments against their U.S. tax obligations.

Guyana's oil production grew by an impressive 57% year ... to $77.06 per barrel limited profit margins, despite increased revenue. Operationally, Hess progressed with its drilling program in ...

Exxon Mobil resumed drilling in Guyana last month, underscoring its dedication to the offshore hotspot despite the oil price crash and a messy turn in local politics. Two of Exxon’s four drill ...

THE International Monetary Fund (IMF) has lauded Guyana for remaining, what it termed as, a global pioneer in climate policies and commended the government ...

Guyana is concerned that is it missing out on important tax revenue from its new-found oil wealth, given that the company ...

Total revenue came in at $3.23 billion ... year-end proved reserves to 1.44 billion barrels of oil equivalent, primarily contributed by Guyana and the Bakken resources. This expansion signals ...

Aligned with President Ali's vision, the government prioritises sustainable job creation, poverty reduction, and inclusive growth through education, ...