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Guyana says ExxonMobil signature bonus still intact, earning interest

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

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

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

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’

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...

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...

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 –...

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

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’

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