May 31, 2025
By Stabroek News January 12, 2025 The additional claim filed against the government by gas-to-energy (GtE) contractors CH4-Lindsayca is around the US$50m amount of the first claim and will bring the total sum to nearly US$100m. This claim is also tied to soil stability and site accessibility works, Country Manager of the company Humberto Lopez...
May 13, 2025
A man, who said he is the owner of land at Vreed-en-Hoop, West Bank Demerara, has sued the State for trespassing on his property by erecting facilities for the gas-to-energy project, according to court records. Pharmacist Malcolm Carryl has filed an action against Attorney General Anil Nandlall, claiming more than GY$20 million in damages for...
Apr 13, 2025
Kaieteur News- In 2024, Guyana received a hefty bill of US$120M for exploration costs racked up by ExxonMobil and its Co-Venturers, Hess and CNOOC. This was revealed in the 2024 Annual Report for American oil company, Hess Corporation. According to financial information contained in the document, exploration expenses, including dry holes and lease impairment for...
Mar 27, 2025
Kaieteur News- In a groundbreaking decision in a matter filed against the Environmental Protection Agency (EPA), High Court Judge Simone Morris has ruled that the indirect effects of ExxonMobil Guyana Limited’s Hammerhead project will produce carbon dioxide pollution or scope 3 emissions. According a release on behalf of the applicants in the case, these scope...
Mar 27, 2025
Kaieteur News- In a groundbreaking decision in a matter filed against the Environmental Protection Agency (EPA), High Court Judge Simone Morris has ruled that the indirect effects of ExxonMobil Guyana Limited’s Hammerhead project will produce carbon dioxide pollution or scope 3 emissions. According a release on behalf of the applicants in the case, these scope...
Mar 19, 2025
…renames document and claims “final report” available Kaieteur News- The Ministry of Natural Resources on Friday responded to an article by Kaieteur News, questioning the delayed publication of the final report on ExxonMobil’s US$7.3B audit. That audit was conducted by a local consortium, VHE Consulting, for the period 2018 to 2020. In its May 16,...
Mar 19, 2025
—Chris Ram says: Clause 21 renders parent company guarantee invalid —Exxon can cite Stability Clause in PSA to dodge responsibilities —Board to be dominated by Govt. appointees Kaieteur News- A thorough analysis of the newly passed Oil Pollution Prevention, Preparedness, Response and Responsibility Law by prominent Attorney-at-Law, Christopher Ram, has unearthed deeply troubling flaws that...
Mar 15, 2025
Kaieteur News- Vice President Bharrat Jagdeo does not agree with President of ExxonMobil Guyana Limited, Alistair Routledge that taxes are the same as royalty and profit sharing. He made his position clear on Thursday during a Freedom House press conference in response to a question posed by Kaieteur News. This newspaper had pointedly asked the...
Feb 21, 2025
…final cost still unknown- Winston Brassington Kaieteur News- The first phase of the US$2B Gas-to-Energy (GTE) project has been further delayed to 2026. This is according to Head of the GTE Taskforce, Winston Brassington. On Wednesday, while providing local energy updates at the Guyana Energy Conference, hosted at the Guyana Marriott Hotel, Georgetown, Brassington provided...
Feb 16, 2025
By Stabroek News February 16, 2025 Dear Editor, The U.S. Foreign Tax Credit (FTC) is designed to prevent double taxation by allowing individuals and corporations to offset taxes paid to foreign governments against their U.S. tax obligations. However, there is compelling evidence that ExxonMobil and its affiliates obtain tax certificates issued by the Guyana Revenue...
