Guyana mid-year report: Government expects oil profit share revenue of $5.9 billion, oil and gas industry projected to grow by 24.2% this year

(1) According to Guyana's mid-year economic report, the government is expected to earn USD 5.9 billion from its share of oil profits, in addition to USD 508.1 million in royalties. (2) The report indicates that, as of the end of June 2026, oil production reached 163.3 million barrels, up from 115.7 million barrels for the same period last year. (3) Guyana's oil and gas industry is projected to grow by 24.2% this year.