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Guyana says ExxonMobil signature bonus still intact, earning interest

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Guyana’s Minister of Finance, Winston Jordan says none of the US$18M—received as a signing bonus from US oil major ExxonMobil—has been spent, and the...

Guyana to cycle its signing bonus through national coffers

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Guyanese Minister of State, Joseph Harmon has assured stakeholders that funds to be used from the US$18M signing bonus will first be placed in...

IMF finds Guyana US$18M signing-bonus ‘relatively high’ – Trotman

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The Guyana government believes the US$18M signing bonus it received from ExxonMobil - part of a modified 2016 Production Sharing Agreement (PSA) - is...

US$18M signing bonus not cost recoverable – Trotman

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The US$18M signing bonus that ExxonMobil paid the Government of Guyana upon the signing of an updated Production Sharing Agreement (PSA) in 2016 will...

House Speaker rejects motion over ‘signing bonus’

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Guyana’s political opposition, the Peoples Progressive Party Civic (PPP/C) on Friday unsuccessfully brought to the National Assembly; a motion looking to compel the government...

Guyana President says gov’t will comply with any court ruling on...

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Guyana’s Head-of-State, President David Granger says his government will comply with any court ruling or legal advice stipulating that the US$18M signing bonus received...

Cabinet approved receipt of signing bonus, Foreign Affairs advised on special...

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The Guyana Government continues to defend its handling of the negotiation and receipt of a US$18M ‘signing bonus’ from US Oil Major, ExxonMobil, this...

US$18M ‘signing bonus’ will eventually be placed in Consolidated Fund –...

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Guyana’s Finance Minister Winston Jordan says CGX Energy must be commended if they did indeed pay US$10M in legal fees on behalf of Guyana...

Non-disclosure of signing bonus not intended to deceive says Guyana President

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Guyana’s President David Granger told reporters on Wednesday that as Head-of-State he made the decision not to disclose the payment of a US$18M signing...

Fmr Guyana President says CGX Energy did not pay ‘signing bonus’

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Former Guyana President, Bharrat Jagdeo, has denied that Canadian Oil Exploration Company CGX Energy paid a ‘signing bonus’ to the then administration - monies...