Exxon’s 2025 Financial Statements – and What It Has Taken Out
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 189: 13th June, 2026…
Exxon’s 2025 Financial Statements – and What It Has Taken Out
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 189: 13th June, 2026 Exxon’s 2025 Financial Statements – and What It Has Taken Out Overview ExxonMobil Guyana Limited this week filed its audited financial statements for the year ended 31st December 2025. Once again, the numbers are staggering: from a 45% interest in one…
From Upper Mazaruni to Gas-to-Energy: A history of failures
Road to First Oil – Every Man, Woman and Child Must Become Oil-minded. Column No. 187: June 7, 2026 From Upper Mazaruni to Gas-to-Energy: A history of failures For almost every decade since Independence, Guyana has produced a project that promised transformation and delivered disappointment, and sometimes disaster. The 1970s had the Upper Mazaruni…
CNOOC Joins the Trillion Dollar Club
Road to First Oil: Every Man, Woman and Child in Guyana Must Become Oil-Minded — Column 186 — May 23, 2026 CNOOC Joins the Trillion Dollar Club Part 2: Hess in context — and CNOOC joins the party Introduction Last week’s column closed on a single fact: Hess Guyana’s accumulated surplus at 31 December 2025…
Beyond Stratospheric – 2025 Returns for Hess
Road to First Oil: Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 185 – May 16, 2026 Beyond Stratospheric – 2025 Returns for Hess Introduction Hess Guyana Exploration Limited – a branch of Hess Guyana Exploration Ltd., a Cayman Islands-incorporated company and 30% stakeholder in the Stabroek Block – is once…
Disagree with Appeal Court devastating overturn of crucial oil spill Parent Co Guarantee
While looking ahead to a likely appeal to the Caribbean Court of Justice, Guyanese and Caribbean citizens must be worried sick about the Appeal Court’s devastating overturn of Justice Sandil Kissoon’s May 3, 2023 sage landmark Decision requiring Stabroek Block operator, ExxonMobil (Exxon) Guyana Limited (EMGL) to provide a Parent Company Guarantee (PCG) from its…
Pres. Ali ‘hijacked’ the term “energy balance”
I am an energy technologist who has conducted energy audits and surveys. The term ‘energy balance’ used to be reserved for applications of the 1st law of thermodynamics (also known as the law of conservation of energy). I succeed as an energy auditor when I reconcile the amount of energy supplied with the amount of energy used…
