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    May 19, 2025May 19, 2025
  • LANDMARK COURT ACTION CHALLENGES 14-YEAR FAILURE OF TRANSPARENCY REGIME: First Enforcement Case Under Access to Information Act – Commissioner Accused of Systematic Obstruction

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  • 2018
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  • 8

January 8, 2018

  • Tarron Khemraj

The signing bonus could have been around US$238 million

News EditorJanuary 8, 2018December 20, 201802 mins

Late last year the Wall Street Journal reported that Brazil received US$1.88 billion in signing bonuses for six exploration blocks during a process of competitive auctioning. Chad in 2001 received US$25 million in a signing bonus for sour crude oil with lower viscosity compared with Guyana’s high quality sweet crude. Signing bonuses are also paid…

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  • Sase Singh

Govt’s oil negotiators sold out Guyana for trinkets

News EditorJanuary 8, 2018February 24, 201802 mins

The notion of the STATE sharing the production of oil and gas with companies as part of a commercial enterprise was first developed in Bolivia in the 1950s.  Today it is widely used in over 40 countries, so the Government of Guyana cannot claim that the unavailability of international experts to advise it was the…

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