November 22, 2019

Hess’ confirmation of payment of US$30 million raises serious red flags for Exxon

News EditorNovember 22, 2019February 5, 2024011 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 78 – November 22, 2019 Introduction Mr. John Hess CEO of Hess Corporation disclosed that his company paid US$30 million for a 30% stake in ExxonMobil’s Stabroek Block. This revelation, publicised in the Kaieteur News on November 19, 2019, is sure to have…

Vishnu Bisram

Where are the nationalists on oil?

News EditorNovember 22, 2019November 24, 201902 mins

During the anti colonial struggle in the 1950s and 1960s, the political leaders lambasted the (British) imperial powers (colonizers) for exploiting the nation and not paying their fair share in taxes and for not contributing to the development of the colony.The foreigners (the White man) were described as blood suckers, vampires draining the resources of…

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Hess’ confirmation of payment of US$30 million raises serious red flags for Exxon

Where are the nationalists on oil?