Mar 19, 2025
…renames document and claims “final report” available Kaieteur News- The Ministry of Natural Resources on Friday responded to an article by Kaieteur News, questioning the delayed publication of the final report on ExxonMobil’s US$7.3B audit. That audit was conducted by a local consortium, VHE Consulting, for the period 2018 to 2020. In its May 16,...
Mar 19, 2025
—Chris Ram says: Clause 21 renders parent company guarantee invalid —Exxon can cite Stability Clause in PSA to dodge responsibilities —Board to be dominated by Govt. appointees Kaieteur News- A thorough analysis of the newly passed Oil Pollution Prevention, Preparedness, Response and Responsibility Law by prominent Attorney-at-Law, Christopher Ram, has unearthed deeply troubling flaws that...
Mar 15, 2025
Kaieteur News- Vice President Bharrat Jagdeo does not agree with President of ExxonMobil Guyana Limited, Alistair Routledge that taxes are the same as royalty and profit sharing. He made his position clear on Thursday during a Freedom House press conference in response to a question posed by Kaieteur News. This newspaper had pointedly asked the...
Feb 21, 2025
…final cost still unknown- Winston Brassington Kaieteur News- The first phase of the US$2B Gas-to-Energy (GTE) project has been further delayed to 2026. This is according to Head of the GTE Taskforce, Winston Brassington. On Wednesday, while providing local energy updates at the Guyana Energy Conference, hosted at the Guyana Marriott Hotel, Georgetown, Brassington provided...
Feb 16, 2025
By Stabroek News February 16, 2025 Dear Editor, The U.S. Foreign Tax Credit (FTC) is designed to prevent double taxation by allowing individuals and corporations to offset taxes paid to foreign governments against their U.S. tax obligations. However, there is compelling evidence that ExxonMobil and its affiliates obtain tax certificates issued by the Guyana Revenue...
Feb 04, 2025
…Gov’t, contractor given 28 days to take decision to arbitration Kaieteur News-The Dispute Avoidance and Adjudication Board (DAAB) on Friday issued its ruling on the Gas-to-Energy (GTE) project, which binds the government and contractor to “confidentiality”. In a statement on Monday evening, the Office of the President said, “On 31 January 2025, the DAAB issued...
Feb 04, 2025
Gas-to-Energy Project cost dispute: Govt & US contractor to decide whether to proceed to arbitration
February 4, 2025 …given 28 days by Dispute Avoidance Board to decide next step With a ruling having been issued by the Dispute Avoidance and Adjudication Board (DAAB) on the Gas-to-Energy (GtE) dispute between the Government of Guyana (GoG) and Lindsayca/CH4, the Government now has 28 days to decide on whether to go forward with...
Feb 04, 2025
The Parliamentary Committee of Supply on Monday approved a significant budgetary allocation of $141.5 billion to bolster critical initiatives led by the Office of the Prime Minister. The funds are earmarked for high-impact projects, including the pivotal Gas-to-Energy (GtE) venture in Wales and the rollout of the electronic identification card (e-ID) system, among several others...
Jan 31, 2025
By Stabroek News January 31, 2025 A Scottish court sitting in Edinburgh yesterday dealt a serious blow to the oil and gas plans in the North Sea of Shell and Norway’s Equinor. Hopefully the authorities in Georgetown will take note of the expanding jurisprudence as it relates to responsibility for downstream carbon emissions from oil...
Jan 29, 2025
Kaieteur News- As the Government of Guyana (GoG) continues to refuse to provide a detailed breakdown on the use of resources from the oil and gas sector, the Opposition has called out the administration for what it believes is lawless and disrespectful. Shadow Minister of Natural Resources, Shurwayne Holder, on Day Two of the ongoing...