Tag: guyana
Government must release all oil and gas related data retrieved from oil companies to the public
By Stabroek News December 13, 2025 Dear Editor, The Minister for Natural Resources, like Christopher Columbus, has discovered that Guyana’s petroleum legislation allows for retrieval of information generated by the oil companies; see ‘Govt. demands immediate information on oil discoveries in new PSA’ and ‘Exxon must provide daily drill data, ROV images’, both in Kaieteur...
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Exxon and partners continue to deduct US-millions to cleanup oil projects yet to startup
Kaieteur News – Although decommissioning of a project does not occur until after production ceases, the Stabroek Block partners have been deducting millions of US-dollars, which it still controls, for developments that are still to come on stream. This was revealed in CNOOC’s 2024 Annual Report, seen by this newspaper. The company holds a 25%...
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207 days later… Govt. still to release report on Exxon’s US$19.6B audit
Kaieteur News – The largest audit of ExxonMobil’s expense has been completed over 207 days ago but the report on the findings remains hidden from the public with no word from officials on when the document will be released. The review of the company’s financial activities is crucial in ensuring that Guyana received its rightful...
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Govt. engaging contractor on revised timeframe for completion of GTE in 2026
(Kaieteur News) – The Government of Guyana is engaging the contractor for the Gas-to-Energy (GTE) project on a revised timeline, Minister of Natural Resources Vickram Bharrat said on Friday. Speaking at an event in Georgetown, the minister stated, “We would have indicated in the past that we’re very concerned about the delay. It’s not something...
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Mid-year Report: Guyana’s tax revenues sink as oil giants walk free with $493B waiver
Kaieteur News – The Guyana Revenue Authority (GRA) income tax collection slipped during the first half of 2025 by 4.9 percent to $123.4 billion at the end of June, when compared to the same period in 2024. This is according to the Bank of Guyana Half-Year Report. Central Bank noted that total current revenues, excluding...
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Still no word on selection of sole expert in US$214M expenses dispute with Exxon
By Stabroek News November 10, 2025 While weeks ago it seemed that Guyana and ExxonMobil Guyana Limited (EMGL) were close to signing an agreement to begin the sole expert process to resolve the US$214 million in disputed expenses identified in the IHS Markit audit report on the expenses claimed by ExxonMobil for the period 1999...
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Justice Pierre rules EPA permit for oil and gas waste management facility in Coverden illegal
By Stabroek News November 10, 2025 Last updated: 10:24AM Justice Nicola Pierre has ruled that the Environmental Protection Agency (EPA) acted illegally and outside of its powers when it granted an environmental permit to Global Oil Environmental Services Guyana Inc (GOES) to operate an oil and gas waste management facility in Coverden without first receiving...
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Access to Information Act 2011
Dear Editor, On October 22, 2025, a request was made to Justice Charles R. Ramson, SC., OR Commissioner of Information for ten (10) documents. This request, hand delivered to the Office of the Commissioner of Information at 340 East Street; Georgetown was made under Section 12(1) and section 16 of Access to Information Act 2011....
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Exxon paid no taxes to Guyana but tells U.S. it paid over US$1.2B in 2024
By Davina Bagot Kaieteur News – American oil major, ExxonMobil has reported the payment of US$1.2B in taxes to the government of Guyana (GoG) for the year 2024. In a Securities and Exchange Commission (SEC) filing made on Friday, the company in a specialized report to its shareholders explained that the document was prepared and...
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U.S. Senators probing Exxon’s Guyana tax deal
…demand answers on possible massive tax evasion in America Kaieteur News – Three United States (U.S) Senators on Tuesday wrote to the Chief Executive Officer (CEO) of ExxonMobil, Darren Woods about the company’s tax arrangements in Guyana. The company, in joint venture with CNOOC and Hess (now Chevron), were contracted by the Government of Guyana...
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