Focus on the money

Editorial… Kaieteur News- Guyanese should be happy with the money they are receiving rom ExxonMobil for their oil. This is the position of Alistair Routledge, President of ExxonMobil Guyana. In effect, what he is saying amounts to this: Don’t lose sight of the gusher of money coming into Guyana’s coffers, it is better not to […]

ExxonMobil aiming for discovery of more oil at Hamlet-1 site

kaieteurnewsonline.com - 14/Feb 10:20

Kaieteur News- ExxonMobil Guyana Limited (EMGL), the operator of the oil-rich Stabroek Block, will be targeting at least one more discovery this year...

Exxon given more time to respond to first two audits – Routledge

kaieteurnewsonline.com - 15/Feb 10:20

Kaieteur News- ExxonMobil Guyana Limited (EMGL) has been granted additional time to respond to the first two audits of its Stabroek Block expenses....

‘We will drill where we see attractive prospects’ – ExxonMobil President says

guyanachronicle.com - 13/Feb 08:55

– as it targets Hamlet exploration well in Guyana’s offshore basin EXXONMOBIL Guyana has identified plans to drill the ‘Hamlet’...

‘ExxonM, Govt. busy with other priorities’

kaieteurnewsonline.com - 14/Feb 10:17

…as relinquishment of 20% of Stabroek block still not finalised 4 months after deadline – Routledge says Kaieteur News- Four months past the...

Despite not paying taxes, Exxon boss says profit sharing and royalty is same as giving Guyana tax

kaieteurnewsonline.com - 13/Feb 10:17

“In effect, that profit sharing royalty is tax…so would you prefer to have 25% income tax or 52% plus of revenues effective tax to the state from...

ExxonM does not deny paying taxes in Bahamas but tells K/News to focus on how the oil deal is delivering money to Guyana

kaieteurnewsonline.com - 16/Feb 11:43

Kaieteur News-ExxonMobil Guyana Limited (EMGL), the operator of the resource-rich Stabroek Block has not denied that the company pays taxes in the...

Focus on equipping Guyanese to participate, benefit from oil resources-AfriExim Bank President tells govt.

kaieteurnewsonline.com - 20/Feb 10:00

—says Guyana’s 12B barrels of oil reserves will mostly be enjoyed by foreign companies Kaieteur News- President of the Africa Exim Bank Benedict...

Exxon still in talks with govt on ‘incentivizing’ new oil block exploration – Routledge

stabroeknews.com - 14/Feb 06:14

The ExxonMobil consortium which won an oil block in the 2022 bid round and licensing auction is still in talks with the government on the agreement,...

Audits – buying time

kaieteurnewsonline.com - 21/Feb 10:13

Editorial… Kaieteur News- ExxonMobil has been granted more time to respond to two audits of its expenses. It would be in Guyana’s interest, if...

Guyana losing oil $$ to Bahamas due to gov’t negligence – Ram

stabroeknews.com - 06:18

Pointing to what he called the absurdity of The Bahamas profiting off of Guyana’s oil through the application of a 15% minimum tax on ExxonMobil,...

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