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  • LANDMARK COURT ACTION CHALLENGES 14-YEAR FAILURE OF TRANSPARENCY REGIME: First Enforcement Case Under Access to Information Act – Commissioner Accused of Systematic Obstruction

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Chris Ram's Articles
  • Chris Ram

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

News EditorJuly 8, 2022February 5, 202409 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, 2024013 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

CNOOC Bare-bones Financial statements – 2021

News EditorJune 24, 2022February 5, 202407 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 98 – June 24, 2022 Introduction Last week’s column began a short series on the 2021 financial performance of the three companies – Esso, Hess and CNOOC – which hold 45%, 30%, and 25% respectively of the highly productive Stabroek Block, a find…

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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, 2024010 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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