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Jagdeo to seek verification of ExxonMobil ‘$20M signing bonus’ for Govt.
While the coalition Government remains tight-lipped on its dealings with ExxonMobil, Opposition Leader Bharrat Jagdeo says he plans to verify with United States oil giant about the alleged US$20 million signing bonus. Minister of Finance, Winston Jordan recently told reporters that he was unaware that Government received a signing bonus, but did not deny the…
The gusher in Guyana: Will oil corrupt a small Caribbean state?
SOUTH AMERICA’S only English-speaking country is one of its poorest. But perhaps not for much longer: Guyana has struck black gold. By 2020 ExxonMobil, the world’s biggest private oil firm, expects to be pumping oil in Guyanese waters, with Hess and Nexen, its American and Chinese partner firms. In the past two years they have…
Guyana lacks capacity to handle huge influx of invoices from Exxon – Visiting experts
To protect the country’s interest, the Government of Guyana would do well to make swift moves to hire trained professionals in the legal and financial fields. These should have experience working with big oil companies or for oil-producing countries. See more here at Kaieteur News