Oil

Daily Brief — Friday, April 10, 2026

Daily Brief

Good morning, Guyana. It is Friday. The money is flowing, the roads are still chaotic, and the government has a new plan involving a database. Sit down.


Q1 OIL REVENUES HIT $159 BILLION

The Natural Resource Fund collected more than G$159 billion in oil revenues during the first quarter of 2026, according to receipts published in the Official Gazette. The figures cover the period December 30, 2025 through March 31, 2026 and include profit oil payments from ExxonMobil’s Stabroek operations. Offshore crude production averaged approximately 918,000 barrels per day in February, with the Uaru development expected to push output past one million barrels by year end. President Ali described this as evidence that Guyana is becoming “a global model” for responsible resource management, which is exactly the kind of thing you say when $159 billion has just landed in your account.

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Patriots Portfolio — April 10, 2026

Patriots Portfolio

Patriots Portfolio: your weekly look at Guyana’s economic landscape — what’s growing, what’s coming, and where the opportunities are for Guyanese building toward the future.


THE HEADLINE NUMBER THIS WEEK: US$761 MILLION

Guyana received US$761 million in oil revenue in Q1 2026. Annualised, that projects to approximately US$3 billion in oil receipts for the year — before accounting for the Uaru development coming online and pushing production toward one million barrels per day by year end. For context: Guyana’s entire GDP was around US$27 billion in 2025 and growing. The oil revenue is not the whole economy. But it is the engine that is funding everything else described in this column.

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Ramesh Sees It Differently — April 10, 2026

Ramesh Sees It Differently

Good morning. The numbers are in for the first quarter and they confirm, once again, what this administration has known all along: vision, discipline, and petroleum produce results.


THE $159 BILLION QUESTION

Let us be direct. When critics said this government could not manage oil revenues responsibly, we noted their doubts. When they said the Natural Resource Fund would become a political instrument, we noted their fears. G$159 billion in a single quarter. Deposited. Documented. Published in the Official Gazette for any citizen to read. This is not an accident. This is the consequence of a government that insisted on transparent governance of petroleum wealth when the easier path would have been to spend first and account later. The easier path was not taken. The results are visible.

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Guyana Daily Brief – Thursday, April 9, 2026

Daily Brief

Guyana Daily Brief

Thursday, April 9, 2026

Your 5-minute morning briefing. Four papers. All the drama.


THE CRASH GYANT APP (Kaieteur News)

The $100,000 cash grant rollout was supposed to be the government’s shining proof that Guyana has entered the digital age. Instead, it’s proving that Guyana has entered the age of digital suffering. Kaieteur News reports that despite the much-celebrated app launch, only about 90,000 people have actually received their money through it — on top of roughly 46,000 public servants who got theirs the old-fashioned way. Finance Minister Ashni Singh has acknowledged the frustrations but says the portal stays open and the government “will work with you to resolve it.” Meanwhile, hinterland residents face the added obstacle that many of them don’t have bank accounts — and opening one requires documentation most of them don’t own. So yes: the most oil-rich per-capita nation in the hemisphere launched a cash giveaway app that doesn’t recognise your fifteen-year-old ID card photo. Progress.

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Uncle Ramesh Sees It Differently – Thursday, April 9, 2026

Uncle Ramesh

Uncle Ramesh Sees It Differently

Thursday, April 9, 2026

A pro-government perspective on the week’s events, brought to you by a man who has never once questioned a press release.


THE CASH GRANT APP IS WORKING FINE (FOR SOME DEFINITION OF FINE)

Look, 150,000 people have received or are in the process of receiving their $100,000 cash grant. That is a lot of people. Finance Minister Ashni Singh announced this himself, on Facebook, at night, which is the sign of a man who is dedicated. Yes, some people say the app is slow. Some people say the facial recognition rejected their fifteen-year-old ID photo. But Uncle Ramesh asks: have you considered that the app is simply very thorough? The government has promised the portal will remain open. Help desks are being established. Cheques are being printed for Region Nine residents who don’t have bank accounts. This is a comprehensive rollout. The people who are complaining have simply never been responsible for distributing money to a nation before and therefore lack perspective.

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Guyana Daily Brief – Wednesday, April 8, 2026

Daily Brief

Good morning, Guyana. Oil is flowing, money is missing, and a policeman is on video threatening to murder a man. Wednesday.


OIL MONEY CAME IN. ALL OF IT.

Guyana collected US$761 million in oil revenue in the first quarter of 2026. That is a lot of money. The government would like you to focus on this number and not on any of the other numbers in today’s brief.


GOVERNMENT DENIES SECRET PAYOUT. CONFIRMS SECRET PAYOUT.

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Ramesh Sees It Differently – April 8, 2026

Ramesh

Good morning. Ramesh here. A lot of negativity out there this Wednesday. Let us set the record straight.


US$761 MILLION. YOU ARE WELCOME.

Guyana collected three-quarters of a billion US dollars in oil revenue in the first quarter of 2026. Let that land for a moment. Three. Quarters. Of. A. Billion. US. Dollars. In one quarter.

This government built that. This government negotiated those contracts, developed that infrastructure, maintained the institutional relationships with Exxon, Hess, and CNOOC that made this production possible, and created the conditions for that revenue to flow into the national treasury at this scale and at this speed. Other countries have oil. Not all of them have the leadership to monetise it responsibly, sustainably, and at pace. Guyana does. Let the number sit with you before you move on to whatever Kaieteur News has decided to be alarmed about today.

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Weekly Progress Report — April 8, 2026

Progress Report

The Progress Report: tracking what is actually being built, spent, investigated, and quietly not explained. Every Wednesday.


THIS WEEK’S NUMBER: US$761 MILLION

Guyana received US$761 million in oil revenue in the first quarter of 2026. That is the figure from Kaieteur News, which runs slightly higher than the G$159 billion figure in the Official Gazette due to differing accounting periods and exchange rates. Either way: large. Arriving. Quarterly. The Natural Resource Fund is the mechanism through which these funds are managed. The Fund’s reports are public. Reading them is an option available to every Guyanese citizen and is recommended as a hobby.

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Patriots Portfolio – Friday, April 3, 2026

Patriots Portfolio

The Patriots Portfolio — for Guyanese who care where the money goes and where it comes from. Every Friday.


THE WEEK IN GUYANA’S ECONOMIC PICTURE

The 38% Tariff: What It Actually Means

Let’s be precise. The Trump administration’s “reciprocal” tariff imposes 38% on Guyanese exports to the United States. The baseline for most Caribbean nations is 10%. Guyana’s higher rate is almost certainly driven by the US trade deficit with Guyana — which exists because the US buys significant volumes of Guyanese oil.

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Progress Report – Wednesday, April 1, 2026

Progress Report

The Guyana Daily Brief’s weekly mid-week check-in on the state of the nation. No spin. Well. Less spin.


🟢 MOVING FORWARD

Digital Identity Card Act — Active as of March 31, 2026. Two years after passage, the law is now operational. This is, genuinely, a step toward a more functional public services system. The biometric ID card has been years in the making and its rollout will eventually affect everything from banking to passport renewal. Credit where it’s due: it got done.

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Uncle Ramesh – Wednesday, April 1, 2026

Uncle Ramesh

By Uncle Ramesh, proud PPP/C supporter, retired civil servant, and man who has never once been wrong about anything.


People, I wake up this morning and I feel good. You know why? Because this government — MY government — is moving Guyana forward again.

First thing I see: the Digital Identity Card Act is now in force. Mark Phillips himself sign the Commencement Order. Two years in the making and now it real. You know what that means? Modernisation. Digital future. I know some people want to grumble about the Data Protection Act not being in force yet, but listen — you can’t rush everything at once. Rome wasn’t built in a day. Neither was Pradoville.

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Daily Brief – Wednesday, April 1, 2026

Daily Brief

Wednesday, April 1, 2026 — Your morning cup of chaos, served hot.


FLOOD WARNING ISSUED — SOMEBODY TELL DE KOKER

The Civil Defence Commission is warning Guyanese to brace for “significant flooding” as heavy rainfall is expected to intensify through the week. The CDC issued the alert Tuesday night after rains already began battering parts of the country. Residents near low-lying areas are being urged to take precautions. The drains, presumably, have been warned too. We’ll wait and see if they got the memo.

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Daily Brief — Tuesday, March 31, 2026

Daily Brief

Good morning. It’s March 31st, the last day of the first quarter of 2026, and Guyana is out here producing nearly a million barrels of oil per day while simultaneously underwater. We contain multitudes.

Here is what you need to know.


OIL KEEPS GOING UP — UNLIKE THE ROADS

Guyana produced an average of 918,000 barrels of oil per day in February, up slightly from 915,000 in January. Both figures represent a massive jump from the 2025 average of 716,000 bpd. The Yellowtail project alone is now pushing 264,000 bpd, and Exxon reportedly wants to increase its capacity to around 290,000 bpd.

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Uncle Ramesh's Take — Tuesday, March 31, 2026

Uncle Ramesh

Uncle Ramesh is a proud PPP/C supporter who sees the government’s hand in every good thing that happens in Guyana and an opposition conspiracy in everything else. He does not do nuance. He does do passion.


Good morning, good morning, GOOD MORNING.

918,000 barrels of oil per day. You read that? 918,000. In FEBRUARY. Let me say it again for the people in the back who are still sulking: nine hundred and eighteen THOUSAND barrels. Every. Single. Day.

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Guyana Daily Brief — Friday, March 27, 2026

Daily Brief

Your five-minute briefing on everything happening in the Land of Many Waters. Served fresh, slightly spicy, and completely unsponsored.


GOVERNMENT TAKES 22 GEORGETOWN STREETS — CITY HALL CALLS IT ILLEGAL

In a move that has Georgetown politicians reaching for their lawyers, the government quietly gazetted 22 major city streets as public roads under central government control — transferring authority from the Mayor and City Council to the Ministry of Public Works, effective March 21. Regent Street, Robb Street, Camp Street, Lamaha Street, and the Eastern Highway are among the corridors now under Minister Juan Edghill’s portfolio. Mayor Alfred Mentore called it “unlawful governance” and “arbitrary centralisation of local assets by executive fiat,” noting there was zero prior consultation with the elected Council. The M&CC summoned an extraordinary statutory meeting today to deal with the matter, and Mentore has threatened legal action if the decision isn’t reversed. The government, for its part, has not yet offered a public explanation.

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Patriots Portfolio — March 27, 2026: Streets, Ships, and Sovereignty

Patriots Portfolio

📊 PATRIOTS PORTFOLIO Tracking the Business of Guyana

Week of March 27, 2026


MARKET MOOD: COMPLICATED OPTIMISM

Global oil markets remain volatile against the backdrop of Middle East conflict. Guyana’s production — past 900,000 barrels per day — is insulated from the worst volatility by long-term offtake agreements, but the private sector is watching the Gulf situation closely. The Guyana Chronicle reports the local private sector is “closely tracking developments in the Middle East.” That is the polite way of saying everyone is nervous and nobody wants to say so publicly.

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Uncle Ramesh — Friday, March 27, 2026

Uncle Ramesh Opinion

Uncle Ramesh is a retired accountant from Berbice, now living in Queens, New York. He reads only the Guyana Chronicle. He has opinions.


Listen, I read the Chronicle this morning and I feel good. I feel GOOD.

Now everybody vex because the government take over twenty-two streets in Georgetown. Take over? TAKE OVER? You mean RESCUE. You ever drive down Robb Street? You ever see what City Hall does with a pothole? They put a cone next to it and leave it for six months. Now the Ministry of Public Works has those streets and people acting like is a coup d’état. The same people who complain the roads bad are now complaining that somebody is going to fix the roads. Make it make sense.

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Patriots Portfolio — March 24, 2026: Oil, Courts, and the Business of Everything

Patriots Portfolio Economy

📈 PATRIOTS PORTFOLIO
Tracking the Business of Guyana
Week of March 24, 2026


MARKET MOOD: CAUTIOUSLY OPTIMISTIC

Global oil prices are elevated due to Middle East instability, which is — depending on who you ask — either very good for Guyana or very complicated for Guyana. The answer, as usual, is both.


THIS WEEK’S MAIN MOVES

🛢️ EXXON: THE YELLOWTAIL PRODUCTION REQUEST

ExxonMobil has formally applied to the Government of Guyana to increase production at the Yellowtail FPSO from 263,000 barrels per day to 290,000 barrels per day. Application is currently under government review.

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Patriots Portfolio — Week of March 19, 2026

Patriots Portfolio

The Patriots Portfolio: treating Guyana’s national developments as investment opportunities since we had nothing better to do. Not financial advice. Not any kind of advice, actually.


📈 BUY

Oil at US$100/barrel Guyana produces oil. Oil is at $100 a barrel. The math here is straightforward. Whether the math reaches your pocket is a separate and more complicated calculation, but the macro position is strong. We are bullish on the barrel. We are cautiously optimistic about the trickle-down. We remain watchful for the trickle. Confidence: High. Arrival timeline: TBD.

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Uncle Ramesh's Corner — Wednesday, March 19, 2026

Uncle Ramesh Opinion

Uncle Ramesh reads only the Guyana Chronicle. He is a patriot. He has opinions.


Good morning, everybody! Uncle Ramesh here, fresh from de Chronicle, and let me tell you — today looking POSITIVE.


Oil reach US$100 a barrel! Uncle Ramesh sit down with he morning tea and nearly choke when he see dat. ONE HUNDRED DOLLARS. You know what dat mean? Revenue. Investment. Future. Some people saying dey not feeling it yet — but Uncle Ramesh does always say, good things take time. You ever plant a mango tree? You don’t get mango de same day.

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