Jun 24, 2025
…says Govt. also guilty of deception Kaieteur News – Amid growing concerns over the discrepancy between Guyana’s reported oil revenues of US$2.6 billion and the US$10.4 billion in profits declared by the Stabroek Block co-venturers, Chartered Accountant Christopher Ram has said that while the country’s leaders boast about revenue inflows, the foundational elements of transparency...
Jun 24, 2025
Kaieteur News acknowledges the June 22, 2025 statement issued by the Ministry of Natural Resources (MNR), attempting to address the growing disquiet over the discrepancy between Guyana’s reported oil revenues of US$2.6 billion and the US$10+ billion in profits declared by the Stabroek Block co-venturers. Unfortunately, the Ministry’s response is inadequate, evasive, and in places,...
Jun 16, 2025
Kaieteur News – Hess Guyana Exploration Ltd. reported an income tax expense of $219.33 billion for 2024, and under the Stabroek Block Production Sharing Agreement (PSA), this tax was not paid by the company but covered from the Government of Guyana’s share of profit oil. Hess’ $219.33 billion in taxes for 2024 is an increase...
Jun 14, 2025
By Stabroek News June 14, 2025 Dear Editor, It is sickening to look and listen to a daily diet of the PPP/C’s blatant falsehoods suggesting that the terms in the lop-sided Oil Contracts were created by the APNU/AFC Coalition – a lie perpetrated to cover-up the PPP/C’s spinelessness in not seeking Contract renegotiations to make...
Jun 06, 2025
By Christopher Ram June 6, 2025 Every Man, Woman and Child Must Become Oil-Minded Part 159 1. Overview Earlier this week ExxonMobil Guyana Limited (EMGL) summoned the Guyana press to the launch of its 2024 Annual Report. Two conditions: only questions on the financial statements would be entertained and the number of questions strictly restricted....
Jun 06, 2025
…cites constantly moving deadlines, ballooning costs Kaieteur News – The Government of Guyana should conduct additional detailed studies into the infamous Gas-to-Energy (GTE) project to prevent it from becoming the country’s biggest white elephant, Chairman of the Alliance for Change (AFC) and spokesperson for the party on oil and gas, David Patterson said. Patterson told...
Jun 05, 2025
By Stabroek News June 5, 2025 Dear Editor, President Ali disappointedly betrayed the nation with his assent to the Oil Pollution Prevention, Preparedness, Response and Responsibility Bill (the Bill), ignoring the numerous troubling concerns and forebodings brought to his attention by eminent Guyanese, Caribbean and other international experts including a scathing rebuke by the Commonwealth...
Jun 04, 2025
Kaieteur News – Vice President Bharrat Jagdeo stated on Thursday that the Government of Guyana (GoG) is aware of a split between the joint venture involving CH4 and Lindsayca, the two companies hired for the Gas-to-Energy (GTE) project. The GTE project, located in Wales on the West Bank of Demerara, includes a Natural Gas Liquids...
Jun 01, 2025
… accuses political parties of betraying nation Kaieteur News- Publisher of Kaieteur News, Dr. Glenn Lall, issued a rallying cry to the Guyanese people to wake up to what he described as the “betrayal” of the nation’s interests in the oil sector. Lall lambasted the People’s Progressive Party (PPP), the People’s National Congress (PNC), and...
Jun 01, 2025
Kaieteur News- Despite attracting criticism from various stakeholders, locally and internationally, President Irfaan Ali has assented to the controversial Oil Pollution Prevention, Preparedness, Response and Responsibility Bill. The bill was tabled in the National Assembly on April 28 and approved through government’s one-seat majority in the House on May 16. According to the Official Gazette,...