Live Updates > Live Update Details
2026-09-16 08:32:10
[Guyana Mid-Year Report: Government Expects $5.9 Billion in Oil Profit Share, Oil and Gas Sector Expected to Grow 24.2% This Year] (1) According to Guyana's mid-year economic report, the government expects to receive $5.9 billion from its share of oil profits, plus $508.1 million in royalties. (2) The report shows that oil production reached 163.3 million barrels by the end of June 2026, up from 115.7 million barrels in the same period last year. (3) Guyana's oil and gas sector is expected to grow by 24.2% this year.
