October 10, 2023

Future generations will ridicule us for being poor managers of our oil resources

Oil Shares to Guyana and EMGL

News EditorOctober 10, 2023October 11, 202315 mins

According to a Bank of Guyana Report, the share of Total Revenue that Guyana received for profit oil and royalty between January 2020 and June 2023 is US$2.68 billion. And from this amount, it can be derived that total Revenue (TR) is US$18.47 billion, the total cost recovery is US$13.85 billion, and the share of…

There is a clause in the contract that says renegotiation can be done with the agreement of both parties

News EditorOctober 10, 2023October 10, 202316 mins

There is a clause in the contract that deals with the subject of renegotiation. To paraphrase: it says it can only be done with the agreement of both parties. How does one party (GoG) secure the agreement of the other (Exxon)? Robin Singh (SN, Oct 8th) says you must have “bargaining chips” to induce Exxon…

GWI’s statement is irresponsible, callous and dangerous – water 630 times safe limit

Six -to – one is not 50-50 Part 3 – Government’s Litany of Failures

Six -to – one is not 50-50 Part 2

Part 1: Six -to – one is not 50-50

Exxon’s 2025 Financial Statements – and What It Has Taken Out

Dr Vincent Adams: Guyana Is Being Shackled With Shinier Chains

Oil Shares to Guyana and EMGL

There is a clause in the contract that says renegotiation can be done with the agreement of both parties