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March 7, 2026
  • Oil and gas conference ducked critical issues, excluded opposition
  • ExxonMobil’s US$100M commitment to Guyana’s STEM education constitutes less than 1% of year 2024 taxes under a more equitable arrangement
  • Guyana’s income from petroleum management compared with Gulf of Mexico and Pennsylvania
  • Government Signs Secret Deal Extending 2016–2057 Agreement
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  • Oil and gas conference ducked critical issues, excluded opposition

    March 1, 2026March 1, 2026
  • ExxonMobil’s US$100M commitment to Guyana’s STEM education constitutes less than 1% of year 2024 taxes under a more equitable arrangement

    February 28, 2026March 1, 2026
  • Guyana’s income from petroleum management compared with Gulf of Mexico and Pennsylvania

    February 27, 2026March 1, 2026
  • Government Signs Secret Deal Extending 2016–2057 Agreement

    February 19, 2026February 21, 2026
  • How can Guyana receive a fair share of revenue from its oil?

    February 17, 2026February 25, 2026
  • Guyana Profit Sharing: Who Gets What

    February 11, 2026
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Balance sheet

Chris Ram's Articles
  • Chris Ram

EEPGL ignores tax provisions of 2016 Agreement in its 2021 financial statements

News EditorJuly 8, 2022February 5, 202405 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 100 – July 8, 2022 Introduction By a strange coincidence, this 100th. column features the 2021 financial statements of Esso Exploration and Production Limited, the designated Operator and holder of a 45% interest in the Stabroek Block under the 2016 Petroleum Agreement. Esso…

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Chris Ram's Articles
  • Chris Ram

Token GRA tax receipt helps Hess avoid paying taxes in the US

News EditorJuly 2, 2022February 5, 202407 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 99 – July 2, 2022 Introduction In this Part 99, we address our attention to the 2021 audited financial statements of Hess Exploration and Production Guyana Limited (the branch) which despite its name, is in fact a branch of a Cayman Islands incorporated…

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Chris Ram's Articles
  • Chris Ram

Esso Exploration and Production Guyana Inc. reports $6.5 billion loss in 2020

News EditorJune 22, 2021February 5, 202406 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 90 – June 22, 2021 Introduction Esso Exploration and Production Guyana Inc. (Esso), the largest of three partners in the Stabroek Block, with a 45% share under the 2016 Petroleum Agreement, has declared a loss of $6,516 million in 2020. This compares with…

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Chris Ram's Articles
  • Chris Ram

Esso’s, Hess’ and CNOOC/Nexen’s Recoverable Costs amount – Continued

News EditorAugust 2, 2019February 5, 202406 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 72 – August 2, 2019 Introduction Column 71 published last week included a summary table of the Statements of Financial Position (the Balance Sheet) of the three oil companies which will lead Guyana to First Oil projected to take place during the first…

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