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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