The road-show run by Exxon in collaboration with the Govt. of Guyana finally came to Queens, NY on Friday Nov 14th. Similar shows were performed in other centers of Guyanese concentration – Toronto, Miami/Ft Lauderdale, London in the last few years. It was at a room at Russo-on-the Bay, Queens, NY; about 100 Guyanese attended;…
The Transparency Institute of Guyana Inc. (TIGI) hereby seeks to add a degree of clarity to the public revelations concerning the Extractive Industries Transparency Initiative in Guyana (GYEITI), and to expose the latest efforts of the GOG which appear to be geared to ensure the frustration of the aims and objectives of the GYEITI and…
Dear Editor, The lead letter of Oct 23 in SN (To shelve this US$2B GTE cornerstone strategic project is misguided, its abandonment will not solve Guyana’s energy insecurity) is so blinkered that I feel compelled to remind readers of circumstances that are being ignored. 1 The land that has been and now again being firmed…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 172 – October 23, 2025 Routledge deserves to go! Introduction Last week’s column described a statement made by Alistair Routledge, President of Exxon’s local subsidiary, as “blatantly misleading.” As I begin today’s column, let me quote another statement he made at the same…
In response to a question from local reporters on oil extraction in Guyana, Stabroek News (US taxpayers not subsidising Exxon’s operations here, October 14, 2025) reported that Mr. Alistair Rout-ledge, President of ExxonMobil Guyana Ltd. (EMGL) Country President, stated at a press conference on October 13, 2025, that “prior to 2023 we were not making…
Every Man, Woman and Child in Guyana Must Become Oil-Minded (Column 171) Introduction Readers will recall Column # 170 dealing with the request by three U.S. senators to ExxonMobil seeking information on the company’s tax arrangements under the 2016 Petroleum Agreement. Their direct concern is whether the U.S. treasury is subsidising Exxon’s operations in Guyana…
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
