This undefined capital expenditure can end up being a ploy to hide the real oil profit due to Guyana

This undefined capital expenditure can end up being a ploy to hide the real oil profit due to Guyana

By Stabroek News October 11, 2022        Dear Editor, Permit me to respond to Joel Bhagwandin’s letter in SN of October 8th, captioned, ‘The overall objective of the PSA is to obtain a higher profit share after fully recouping investment costs’; but before doing so, I would like to recommend that Joel Bhagwandin take some finance…

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Chris Ram's Articles

Landmark Legal Challenge: Glenn Lall Takes on Guyana’s Petroleum Agreement Tax Provisions

Every Man, Woman and Child Must Become Oil-Minded (Part 96) January 21, 2022 Businessman and Newspaper Publisher Mr. Glenn Lall has filed an action in the Guyana High Court challenging key provisions of the 2016 Petroleum Agreement between the Government of Guyana and Esso Exploration and Production Guyana Limited, CNOOC Petroleum Guyana Limited and HESS…

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