The content originally appeared on: News Americas Now News Americas, NEW YORK, NY, Fri. Aug. 11, 2023: In a significant development, Guyana’s parliament has approved long-awaited oil legislation that empowers the country’s Natural Resources Minister with substantial authority over its multi-billion-dollar oil industry. The new regulations will be applied to forthcoming projects in the South American nation, including an upcoming oil block auction set for the fourth quarter. Currently, all oil production in Guyana is led by a consortium led […]
