September 2019

The truth about the Royalty in the Esso/Hess/CNOOC-Nexen Petroleum Agreement

News EditorSeptember 6, 2019February 5, 2024011 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 76 – September 6, 2019 Introduction For some time, questions have been raised about the royalty provisions in the 2016 Agreement under which Trotman/Greenidge/Granger partially signed away the birthright of all Guyanese past, present and future. This short column seeks to identify both…

TIGI Oil

Chapter #7 – Exxon Contract: A major oversight or wilful blindness? – The procurement act 2003

News EditorSeptember 4, 2019August 22, 202004 mins

In our last article, we dealt with the miscalculation of the licence area in the contract with Exxon. Prior to that we discussed some history which suggests that the claim that Venezuelan belligerence was the justification for the resort to illegality in the invention of wholesaling of license blocks when no such concept was available,…

The Bahamas gets 15% tax on Guyana oil revenue and Guyana (like Piggy) gets none

Oil Talk with OGGN Guyana Episode #44: Everything you wanted to know about the Natural Resources Fund- but were afraid to ask.

Investment Committee Member Files Legal Challenge Over Natural Resource Fund Transparency

There should be an investigation into ExxonMobil’s use of tax certificates issued under Guyana’s 2016 PSA

Subsidy? What subsidy?

Oil Talk with OGGN Guyana Episode #43: COST OF LIVING CRISIS; DOES THE 2025 BUDGET RESOLVE IT?

The truth about the Royalty in the Esso/Hess/CNOOC-Nexen Petroleum Agreement

Chapter #7 – Exxon Contract: A major oversight or wilful blindness? – The procurement act 2003