The audacity of the two-page government ad celebrating Caribbean Statistics Day 2025 in yesterday’s issue of Stabroek News (October 15, 2025) is simply stunning to any informed reader. The 2022 National Census was completed in the latter part of 2022. Yet, despite repeated promises by the PPP-led government, especially in the lead-up to the 2025…
From EMGL’s Alistair Routledge on Oct 13th, 2025: “…And you’ll recall that prior to 2023 we were not making profits here in Guyana. So there were no tax credits from that….”, see https://www.stabroeknews.com/2025/10/14/news/guyana/us-taxpayers-not-subsidising-exxons-operations-here/ Judge for YOURSELF: In USD using an exchange rate of 210.50. Financial Statement ESSO EXPLORATION AND PRODUCTION GUYANA LIMITED (GUYANA BRANCH) STATEMENT…
Recently, the Government of Guyana approved the US$6.8 Billion Hammer-head oil extraction project which is expected to produce 150,000 barrels of oil per day, with first oil projected for 2029 (SN Article: Ram https://www.stabroeknews.com/2025/09/26/ features/the-road-to-first-oil/while-guyana-celebrates-hammerhead-america-investigates/ ). It was reported also that the total commercial quantity of oil to be extracted from Hammerhead is set at 445…
Introduction This column takes up from last week’s discussion on the September 23 letter from US Senators Whitehouse, Van Hollen and Merkley to Exxon’s Chairman, Darren Woods on tax credits claimed in his company’s tax returns in the USA. As a reminder, that letter arose out of some sterling efforts and representation by OGGN, a…
Original source: https://investor.exxonmobil.com/sec-filings/all-sec-filings/content/0000034088-25-000052/0000034088-25-000052.pdf
Every Man, Woman and Child must become oil minded – Column no. 169 Introduction Like some of my fellow commentators, I wanted to give the Ali Administration some space following the September 1 elections. In the campaign season leading up to the elections, candidate Ali promised to fix the problems plaguing the embarrassing and gross…
FOR IMMEDIATE RELEASESeptember 23, 2025 Contact: Meaghan McCabe,(202) 224-2921 Whitehouse, Van Hollen, Merkley Probe ExxonMobil’s Guyana Offshore Oil Contract and the Company’s U.S. Tax Liability ExxonMobil may have used American taxpayer funds to subsidize its foreign oil production, which it does in partnership with a Chinese state-owned company Washington, DC – U.S. Senators Sheldon Whitehouse (D-RI),…
On Monday, September 1, 2025, the people of Guyana will head to the polls in what may be the most consequential General and Regional Elections since independence in 1966. The Oil and Gas Governance Network (OGGN) is committed to safeguarding Guyana’s resources, strengthening democratic institutions, and ensuring that the blessings of our oil wealth truly…
Every Man, Woman and Child must become oil minded – Column 168 Petroleum and gas and supporting services make up 94% of the Mining and Quarrying sector which in turn makes up 70% of Guyana’s economy. Since 2021, it has been primarily responsible for the spectacular growth that has earned Guyana the distinction of fastest…
The 2016 Petroleum Sharing Agreement does not contain any Article on ring-fencing. Does this omission give the oil companies the rights to do just as they please? There is no Amendment or addendum that permits the oil companies to subtract unlimited exploration and drilling costs from the extraction and sales of crude oil. The 2016…
