Citizens should receive portion of oil money but on conditions-Jagdeo
Economist, Professor Clive Thomas’s suggestion that government should consider annual cash transfer of $1Million (US$5000) to poor households when oil starts pumping, has generated...
Finance Minister disagrees with cash handouts to citizens from oil wealth
Teach a man to fish and he can feed himself for a lifetime. Give him one every other day, he will remain dependent.
This maxim...
Former Natural Resources Minister wants Exxon Foundation to review initiatives to be funded with...
Former Natural Resources Minister, Robert Persaud, has written to the Exxon Foundation requesting that a review be done on the planned investment areas that...
ExxonMobil’s third drillship headed to Stabroek basin
ExxonMobil has added a third drillship to its Guyana basin with the Noble Tom Madden to join the Stena Carron as the oil major...
Judicial independence, respect for human rights critical to success of Guyana’s oil sector-CCJ President
The independence and proper resourcing of the judiciary, respect for human rights, among other factors, will be crucial to the success of Guyana’s burgeoning...
GUY-EITI to collect, analyze data on local content by ExxonMobil –Dr. Jadoopat
While the Extractive Industries Transparency Initiative (EITI) has typically focused on the taxes and revenues paid by extractive companies to the government, it also...
Guyana’s decision makers are not transparent enough
There is no careful way to say it. Guyana’s decision makers are just not transparent with the citizenry. Indeed, this style of governance does...
Green Paper on management of oil money for August sitting
The Green Paper which will outline how the government intends to manage future oil revenues will be tabled in the National Assembly next month.
This...
ExxonMobil Earns $4 Billion in Second Quarter
United States (US) oil-giant, ExxonMobil today announced its estimated second quarter 2018 earnings of $4 billion. This is being compared to the $3.4B earned during...
US$460M pre-contract costs still not audited
It has been almost two years since USA oil giant ExxonMobil inserted pre-contract costs of US$460M in its Production Sharing Agreement (PSA) with Guyana....
