Guyanese people and Parliament need to know all details of gas to shore project

I am in support of OGGN (Oil and Gas Governance Network) leader Mike Persaud’s call that Parliament should review major projects pertaining to Guyana’s natural resources to prevent giveaways, such as the current oil contracts signed by a Minister in the previous PNC Government defeated in a no-confidence motion and defeated in the subsequent general…

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Chris Ram's Articles

Examining the Financial Landscape: Unveiling the Balance Sheets of Guyana’s Oil Contractors

This Article was Published on July 2, 2021 This final column of this mini-series examining the financial statements of the three Contractors under the 2016 Petroleum Agreement, reviews their balance sheets, sometimes referred to as statement of affairs, as at December 31, 2020. The Table below is designed in a similar fashion as the summary…

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Chris Ram's Articles

Unraveling Ambiguities: Assessing Transparency and Fiscal Clarity in Guyana’s Oil Sector Financial Statements

Oil and Gas Column # 91 – June 25, 2021 Every man, woman and child must become oil minded Introduction Each of the past three columns (#’s 88 – 90) reviewed the financial statements of one of the three oil companies which signed the 2016 Petroleum Agreement with the Coalition Government of President Granger. Today’s…

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Chris Ram's Articles

Sifting Through Financial Transparency: A Closer Look at CNOOC’s Performance in Guyana’s Oil Sector

Every Man, Woman and Child in Guyana Must Become Oil-Minded This was Published on June 21, 2021 Introduction This column which last appeared on April 17, 2020, is returning for a short series. It will feature the 2020 financial performance of the three companies which signed a petroleum agreement with the Government of Guyana for…

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Chris Ram's Articles

Government to pay $5,391 million Corporation Tax for oil companies reporting after tax profits of $16,175 million.

 Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 89 – June 18, 2021 Introduction This second part of a mini-series on the three oil companies which operate the Liza 1 project under the Stabroek Block reviews the 2020 financial statements of the Guyana branch of Hess Guyana Exploration Limited (Hess). For…

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