…Petroleum advisor urges citizens Government’s Petroleum Advisor Dr Jan Manga believes that Guyanese need to have realistic expectations of the impending oil-and-gas industry and urged that focus be placed on infrastructural development and investing the revenue from the resource on the citizens. Speaking with reporters Wednesday, Dr Mangal said with news of the oil finds,…
Normally, the bigger the company is, the less likely it is that any single decision or event will impact it significantly. But that isn’t the case with oil giant ExxonMobil (NYSE: XOM), which has gone all in on an unexpected oil play. See more here
Exxon Mobil Corp. agreed to pay more than $300 million to resolve air pollution violations tied to eight chemical plants in Texas and Louisiana, one of a pair of environmental settlements with oil companies announced by the Trump administration on Tuesday. See more here
Everyone is trying to cash in on the oil and gas sector, including scammers who are luring the gullible with offers of lucrative employment in the industry. And the fraudsters are targeting oil giant ExxonMobil, which is scheduled to start pumping oil by 2020. See more here
While the coalition Government remains tight-lipped on its dealings with ExxonMobil, Opposition Leader Bharrat Jagdeo says he plans to verify with United States oil giant about the alleged US$20 million signing bonus. Minister of Finance, Winston Jordan recently told reporters that he was unaware that Government received a signing bonus, but did not deny the…
