Expenses

GRA is not the competent authority to lead all or any Petroleum audits

News EditorSeptember 20, 2023September 27, 202304 mins

It would be perfectly understandable if the public is totally confused over the issue of the audit of the expenses claimed by Esso, Hess and CNOOC for the period 1999 – 2017. Various reports in the media suggest that the UK entity contracted to audit the costs reported by the consortium were overstated by US$214…

Govt. now siding with ExxonMobil to avoid renegotiating oil deal

News EditorMarch 29, 2023July 2, 202305 mins

Though Guyana’s blossoming petroleum sector is in desperate need of pruning to ensure the fruits satisfy the needs of the local populace, the country’s leaders have not been hearkening to their respective roles. This much can be said, particularly about Vice President (VP) Bharrat Jagdeo, who is tasked with management of the local petroleum, according…

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GRA is not the competent authority to lead all or any Petroleum audits