Total revenue

Future generations will ridicule us for being poor managers of our oil resources

Oil Shares to Guyana and EMGL

News EditorOctober 10, 2023October 11, 202319 mins

According to a Bank of Guyana Report, the share of Total Revenue that Guyana received for profit oil and royalty between January 2020 and June 2023 is US$2.68 billion. And from this amount, it can be derived that total Revenue (TR) is US$18.47 billion, the total cost recovery is US$13.85 billion, and the share of…

EEPGL and auditors should explain why total revenue is included in the PSA’s cost function

News EditorOctober 4, 2022June 26, 2023010 mins

By Stabroek News October 4, 2022 Dear Editor, In the EEPGL contract, it is specified that Guyana will receive in the Production Sharing Agreement (PSA), 50 percent of the profits, after EEPGL extracts upfront, and without Guyana’s prior review of the cost, 75 percent of the total revenue as cost. This proportional linkage between total…

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

Subsidy? What subsidy?

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

Oil Shares to Guyana and EMGL