Opinion
Routledge deserves to go!
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…
Notwithstanding Routledge’s discrepancies, we have compelling evidence that Exxon’s company profits were occurring well before 2023
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…
Routledge’s black hole of mysterious tax certificates (part 1)
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…
A certain irony in government’s celebration of Caribbean Statistics Day 2025
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…
2022 EMGL INCOME Statement in USD
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…
Without ringfencing, Guyana could lose over US$6b in profit from the Hammerhead project
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…
The mystery of the receipts and the certificates
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…
Exxon’s Form SD filing for 2024 financial year states that US$1,236,161,000 was paid in taxes to the Guyana Revenue Authority – when NONE was paid
Original source: https://investor.exxonmobil.com/sec-filings/all-sec-filings/content/0000034088-25-000052/0000034088-25-000052.pdf
While Guyana celebrates Hammerhead, America investigates
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…
Whitehouse, Van Hollen, Merkley Probe ExxonMobil’s Guyana Offshore Oil Contract and the Company’s U.S. Tax Liability
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),…