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February 23, 2025
  • 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
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  • The Bahamas gets 15% tax on Guyana oil revenue and Guyana (like Piggy) gets none

    February 22, 2025February 22, 2025
  • Oil Talk with OGGN Guyana Episode #44: Everything you wanted to know about the Natural Resources Fund- but were afraid to ask.

    February 21, 2025
  • Investment Committee Member Files Legal Challenge Over Natural Resource Fund Transparency

    February 21, 2025February 21, 2025
  • There should be an investigation into ExxonMobil’s use of tax certificates issued under Guyana’s 2016 PSA

    February 18, 2025
  • Subsidy? What subsidy?

    February 18, 2025February 18, 2025
  • Oil Talk with OGGN Guyana Episode #43: COST OF LIVING CRISIS; DOES THE 2025 BUDGET RESOLVE IT?

    February 7, 2025February 7, 2025
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trinkets for gold
  • Mike Persaud

Exchanging trinkets for gold

News EditorAugust 12, 2023August 16, 202305 mins

Reference is made to SN’s blogger, Justin, (SN August 10 blog on Andre Brandli’s letter). He explained Guyana’s share of oil revenues as follows: “Your mango tree has 100 mangoes which sell for $10,000 on the market. I pay 2% royalty. But I have the right to 75% cost recovery+ 50% profit sharing, and you…

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