May 01, 2026
(Kaieteur News) – The Appeal Court on Tuesday heard arguments over Guyana’s right to claim an unlimited guarantee via oil operator, ExxonMobil Guyana Limited (EMGL) from its parent company-US oil giant ExxonMobil Corporation in the case of an oil spill.Daily News Digest The appeal case centers on Environmental Protection Agency’s (EPA) application to set aside...
May 01, 2026
(Kaieteur News) – In the corridors of power in Georgetown, some names are whispered with fear, others with reverence, and one—Su Zhirong—with the distinct, lingering scent of a national scandal that this administration is desperate to bury.VP advisory services While the government preaches about “transparency” to international investors and the Guyanese public, the 2022 VICE...
May 01, 2026
The Road to First – Every Man, Woman and Child Must Become Oil-Minded Column 182 (April 25, 2026) By Christopher Ram Introduction (Kaieteur News) – Some research carried out this week revealed that the big investment offered Guyanese into the Gas Bottling and Logistics Company in which the Office of the Prime Minister has invited...
May 01, 2026
United States Ambassador to Guyana, Nicole Theriot, has warned against renegotiating the Stabroek Block Production Sharing Agreement (PSA) with U.S oil giant ExxonMobil and its co-venturers. Since oil production began in Guyana in 2019, there have been sustained calls for the Government of Guyana and Exxon to agree to new fiscal terms, which would include...
May 01, 2026
…OGGN demands answers from Government (Kaieteur News) – Between 2020 and 2024, ExxonMobil, Hess and CNOOC, the Stabroek Block partners recorded massive profits, amounting to US$29B while barely US$5.4B flowed into the Natural Resource Fund (NRF) the nation’s oil account during the same period.Daily News Digest Highlighting this was the Oil and Gas Governance Network...
May 01, 2026
…condemns “amateurish” approach by Govt. (Kaieteur News) – Chartered Accountant and Attorney, Christopher Ram has called out the Government of Guyana (GoG) for what he described as “amateurish behaviour” that allows ExxonMobil to delay this country from receiving a larger portion of revenue, generated offshore.Daily News Digest During a programme hosted by the Oil and...
May 01, 2026
…pours cold water on Exxon’s claims that costs will be repaid by year-end (Kaieteur News) – The Alliance For Change (AFC) does not believe Guyana will ever enjoy its full 50 per cent profit share and repay ExxonMobil for its investments in the Stabroek Block without implementing a ring-fencing provision.Daily News Digest This mechanism would...
May 01, 2026
(Kaieteur News) – ExxonMobil Guyana Limited (EMGL) has moved to award several contracts, releasing payments to Dutch shipbuilder, SBM Offshore for an eight Floating Production, Storage and Offloading vessel (FPSO) to produce hydrocarbons at a project yet to be approved by the Government of Guyana (GoG).Daily News Digest SBM has received contracts to perform Front...
May 01, 2026
Guyana Eldorado? By Janette Bulkan ExxonMobil has concentrated on its ‘golden lane’ of wells drilled in the southeastern part of the huge Stabroek Tract (Block) concession, now of 2.68 million hectares. Exxon has also had a brief look at deeper concessions (Kaieteur Tract) and shallower areas (Canje Tract, formerly part of the original Stabroek Tract...
May 01, 2026
Dear Editor In Guyanese Creolese, the word ‘basiddey’ means ‘being in a state of mental disorientation or confusion, dazed, dumbfounded’. The oil giant ExxonMobil certainly seems to have acquired expertise in sowing a state of ‘basiddey’ in successive governments in Guyana. Relinquishing areas Last year, in early July 2025, the government announced that ExxonMobil Guyana...