End of preview - This article contains approximately 1119 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - September 2023
Guyana’s new petroleum legislation set to unlock further investment
After various delays, on 10 August Guyana’s national assembly finally voted in favour of a new Petroleum Activities bill, replacing the Petroleum Act of 1986. New model contract rules meanwhile shift terms in favour of the government, but foreign investor interest is still expected to remain strong, with 12 September set as the deadline for bids in the country’s first ever public oil and gas licensing round. The country’s oil sector has drawn major international interest since the discovery of offshore oil in 2015.
- Guyana’s new petroleum legislation set to unlock further investment
- BOLIVIA: Turning to the yuan to compensate for dollar shortage
- COLOMBIA: Mining sector facing uncertain future
- ECONOMIC HIGHLIGHTS
- ARGENTINA: Milei scores with voters, not investors
- BRAZIL: A virtuous cycle of growth and popularity?
- BRAZIL: Roadmap for green hydrogen unveiled
- ECONOMIC HIGHLIGHTS
- COSTA RICA: Deflation drives criticism of central bank
- HONDURAS: IMF to lend US$830m to support economic reform policies
- REGION: New ferry linking El Salvador and Costa Rica enters service
- ECONOMIC HIGHLIGHTS
- MEXICO: Much needed changes to fintech regulation remain distant
- MEXICO: Gov’t likely to reduce electoral budget despite key elections
- MEXICO: Temporary import tariffs could harm investment
- MEXICO: First USMCA labour dispute panel to set important precedent
- MEXICO: Trade dispute over biotech crops escalates
- ECONOMIC HIGHLIGHTS