Exxon took US$3.5B from oil profits for drill rigs in 4 years

Exxon took US$3.5B from oil profits for drill rigs in 4 years – Financial Statements

…while Guyana earned US$2 billion in 3 years Kaieteur News – Over a four-year period, some US$3.5 billion was expended by ExxonMobil Guyana Limited (EMGL) from oil profits to cover the cost of drill rigs used for its operations in the Stabroek Block. Guyanese leaders, as well as industry experts have all labeled the 2016 […]

Guyana’s oil generating US$1.5B a month from three projects – Exxon’s Vice President

kaieteurnewsonline.com - 04:59

Kaieteur News – During a recent episode of the Energy Perspectives Podcast, Phillip Rietema, Vice President and Business Services Manager of...

Oil Minister unable to say how much $$$ Exxon deducting per barrel for clean-up of ocean floor

kaieteurnewsonline.com - 20/Jun 04:56

Kaieteur News – One week after Kaieteur News reported that oil giant and operator of the Stabroek Block ExxonMobil took US$51M from Guyana’s oil...

Guyana nowhere close to paying off ExxonMobil as company applies for 7th project

kaieteurnewsonline.com - 30/Jun 04:59

Kaieteur News – The early repayment of expenses to allow this country to benefit from a greater portion of oil revenue has been further delayed as...

IEA predicts Exxon will secure approval for 7th project by next year

kaieteurnewsonline.com - 25/Jun 04:55

Kaieteur News – The International Energy Agency (IEA) in a new report has predicted that United States oil major, ExxonMobil, will secure approval...

Oil companies have earned five times more from oil than Guyana

stabroeknews.com - 28/Jun 06:01

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 132 Modest investment, gargantuan returns Last week’s column completed the...

Oil companies fight over Stabroek Block stalled as arbitration panel not completed – Reuters

kaieteurnewsonline.com - 22/Jun 04:55

Kaieteur News – A contract arbitration panel that could block or green-light the US$53 billion sale of Hess Corp to Chevron remains incomplete three...

ExxonMobil’s interest rate on investments still a mystery

kaieteurnewsonline.com - 24/Jun 04:54

Five years later… – but Pres. Ali says Govt. managing oil sector in transparent manner Kaieteur News – With Guyana soon approaching its fifth...

‘I cannot comment on renegotiation of Exxon deal; company is a client of my law firm’ – Nigel Hughes

kaieteurnewsonline.com - 30/Jun 04:53

Kaieteur News – Days before his election as leader of the Alliance For Change (AFC), Nigel Hughes declined to comment on the potential renegotiation...

Oil companies earned five times more than Guyana – Ram

stabroeknews.com - 30/Jun 06:12

Chartered accountant and commentator Christopher Ram says that the financials for three oil companies in the Stabroek Block showed that they earned...

Nigel Hughes says no law prevents him from representing Exxon while leading AFC

kaieteurnewsonline.com - 04:58

Kaieteur News – Nigel Hughes, the recently elected leader of the Alliance for Change (AFC) and a prominent attorney, has addressed criticisms...

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