September 20, 2024

Guyana Oil Share: 1.29 Barrels of oil out of every 100 Barrels

News EditorSeptember 20, 2024September 21, 202406 mins

It has been reported that Guyana received $336 billion in 2023 from oil, and had to pay $306 billion in taxes for Exxon Mobil and partners (KN: Sept. 13, 2024). The implication which can be drawn from this distribution of total revenue is that Guyana only received G$30 billion ($336 B – $306 B) from…

Reclaiming Guyana’s Oil Wealth: Confronting political timidity and the surrender of sovereignty Part 2

News EditorSeptember 20, 2024September 20, 2024010 mins

Last week I called out the political leaders for their timidity and dishonesty for hiding behind “sanctity of contract”. Someone pointed out that I seem to have spared Shuman’s Liberty and Justice Party and the United Force (if it exists). That was an oversight. The response to last week’s column was silence from the political…

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?

Guyana Oil Share: 1.29 Barrels of oil out of every 100 Barrels

Reclaiming Guyana’s Oil Wealth: Confronting political timidity and the surrender of sovereignty Part 2