ExxonMobil’s local content bill over $60B; costs were never audited by Granger regime

From 2015 to 2019, American oil giant, ExxonMobil has claimed that its subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) along with its subcontractors,...

Non-oil economy neglected; growth shrinks by 4.9 percent- Jagdeo

As the new government buckles down to get a clear picture of the financial health of the economy so as to prepare the 2020...

Ali has a “remarkable opportunity” to renegotiate Stabroek block deal-Global Witness

In light of the economic pains the COVID-19 pandemic continues to unleash on the oil industry, ExxonMobil is not only in a vulnerable position,...

Govt. defends use of former Canadian politician for Payara review amidst concerns about her...

The Ministry of Natural Resources has come out in defence of its decision to hire former Premier of Alberta, Alison Redford amidst concerns that...

If PPP does “crap review” for Payara project, then we are back to square...

Former Presidential Advisor and Petroleum Consultant, Dr. Jan Mangal is of the firm view that Guyana cannot have a proper assessment of ExxonMobil's Payara...

Payara review being done by former Canadian politician

The Ministry of Natural Resources announced moments ago that the consultant hired to lead a team on the review of ExxonMobil’s Payara Field Development...

Review for Exxon’s Payara project to be completed by Aug. 24- Jagdeo

The review of the field development plan for ExxonMobil's Payara project in the Stabroek Block is expected to be completed by August 24. This...

PPP Govt. to retender contract for marketing of Guyana’s crude

Vice President, Bharrat Jagdeo disclosed earlier today that a decision was taken to scrap the shortlist of more than a dozen oil marketing companies...

ExxonMobil says it spent $14B on local content but Guyana has no Compliance Unit...

In the absence of an independent and well resourced Local Content Compliance Unit to audit its claims, ExxonMobil painted today, a rosy picture for...

Every cent of oil money will be accounted for; no political interference – Ali...

The People's Progressive Party/Civic (PPP/C) will ensure that every cent of the revenues from the sector is accounted for, as well as every cent...

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