Dear Editor, The Oil and Gas Governance Network (OGGN) here amplifies Ms Danuta Radzik’s letter in Stabroek News on 30 May ‘Reported 77% reduction in fish exports and reduction on catches can be attributed to the tonnes of toxic waste discharged into the ocean’. We take up numbered paragraph 8 in Ms Radzik’s letter, on…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 161 Last year, my summary column discussing the 2023 audited financial reports of Stabroek Block contractors had the caption “Oil companies have earned five times more from oil than Guyana. Modest investment, gargantuan returns.” If anything has changed, the money deluge has continued…
Hess Guyana – Statement of Changes in Equity Hess Guyana Exploration Limited — Guyana Branch Statement of Changes in Equity from 2018 to 2024 Stacked area chart showing Capital Contributions and Accumulated Profit/(Deficit) evolution (2018-2024) HESS Capital Accumulation 2018 to 2024 Accumulated Profit/(Deficit) Key Observations & Strategic Insights 2018-2020: Initial deficit period with accumulated losses…
Statement of Changes in Equity – Stacked Area Chart EMGL Statement of Changes in Equity from 2018 to 2024 Stacked area chart showing Capital Contribution and Accumulated Profits (2018-2024) EMGL Cumulative Capital Contribution: : 2018 to 2024 EMGL Accumulated Profits: 2018 to 2024 Key Observations: 2018-2020: Accumulated profits were negative (accumulated losses) 2021: Turning point…
