Country Manager of ExxonMobil Guyana, Rod Henson, told media representatives on Sunday evening that the company did indeed pay a US$18M signing bonus to Guyana.
Mr. Henson, speaking on the sidelines of a Public Lecture on Oil Spill Response Readiness...
Days after Guyana’s Minister of Natural Resources, Raphael Trotman, told law makers in the country’s 65-seat National Assembly that the government did indeed receive a ‘sum’ from US oil major ExxonMobil when a new agreement was inked in 2016,...
Transparency Institute Guyana Incorporated (TIGI) has accused the Guyana Government of deliberately engaging in deception in its handling of an advance payment from US oil major, ExxonMobil.
The anti-corruption advocate’s repudiation came swiftly in wake of confirmation that the coalition...
Opposition Leader Bharrat Jagdeo is calling on Guyana’s Ministers of Finance and Natural Resources to immediately resign from government over the revelation that a ‘signing bonus’ was in fact paid by ExxonMobil.
The former President now Opposition Leader and General...
Minister of Natural Resources Raphael Trotman today confirmed that government has in fact received ‘advanced payments’ from US Oil Giant Exxon Mobil and its exploration partners -monies he said, have since been set aside to protect Guyana’s territorial integrity.
The...
The Guyana Government has identified two sites in Regions Four and Six for the construction of a new power generation facility, utilizing natural gas to be had from offshore oil production activities.
The revelation was made by Minister of Public...
It is incumbent on the Guyanese people to use its fear of foreign conglomerates such as the oil companies currently exploring offshore to become adaptive in order to seek out the relevant information to garner a better understanding of...
Chevron Corp (CVX.N), the second largest U.S.-based oil producer, is budgeting $18.3 billion for capital projects next year, the company said on Wednesday, about 4 percent less than this year and lower for a fourth year in a row.
International...
(Hart Energy) At night from space it’s easy to see why Africa is called the “Dark Continent,” but bright oil and gas lights are starting to flicker in West Africa, reflecting huge hydrocarbon potential that could still play an...
Reminiscent of a 2013 maritime incident in which a US-operated vessel was seized by the Venezuelan navy while in Guyana waters searching for oil, British High Commissioner to Guyana, Greg Quinn, says similar aggression by the Bolivarian Republic in...
