Explore Guyana’s EITI Country Report – FY 2020
All files available at: https://www.gyeiti.org/news/gyeiti-report-fy2020-final
Stakeholder engagement
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It should be obvious that two weeks of public consultation on the new draft oil law is grossly inadequate
Dear Editor, We write in connection with the new draft oil law. We would appreciate information on the following: The timetable for this new Bill, including the parliamentary process and committee stages of consideration and amendment; How this timetable compares with the customary timetable for tabling and revising Guyanese legislation; The process which will be used…
ExxonMobil argues that shareholders should reject resolution #10 because it contains dubious claims
Dear Editor, ExxonMobil will have its annual shareholder meeting on Wednesday May 31st, 2023. During this meeting, shareholders will vote on a number of resolutions raised. These resolutions were outlined in its 2023 Proxy statement, a copy can be found here: https://investor.exxonmobil.com/company-information/annual-reports-proxy. Shareholder resolution #10 is concerned with Guyana and seeks additional reporting on worst-case spill…
A fair equilibrium for Guyana’s profit share must focus on a New Production Sharing Agreement
By Stabroek News July 1, 2022 Dear Editor, Recently, I read a report prepared by SPHEREX Analytics, an accounting firm that produced the 2020 and 2021 financial statements for Esso Exploration and Production Guyana Limited (EEPGL). In the report, it is claimed that, ‘… Guyana’s share in profit and royalty is greater than the net…