Most disturbingly, the government refuses to disclose who issues tax certificates to the oil companies
The presidency is the most sacred office in our Republic – its occupant sworn to…
EMGL Income Tax Payable Chart 2019-2024
Income Tax Payable by Year Income Tax Payable by Year Esso Exploration and Production Guyana Limited (Guyana Branch) Year Income Tax Payable (USD) – As reported on EMGL Balance Sheet 2019 0.00 2020 0.00 2021 0.00 2022 284,802,553.00 2023 947,548,593.48 2024 2,195,600,000.00 Data extracted from balance sheet statements as of 31 December for each respective…
EMGL Income Tax Expense Chart 2019-2024
Income Tax Expense Chart 2019-2024 Income Tax Expense by Year ExxonMobil Guyana Limited (Guyana Branch) – 2019 to 2024 Key Observations: No income tax expense recorded for 2019-2021 Significant tax liability began in 2022 ($284.8M) Tax expense more than doubled in 2023 ($662.9M) Highest tax expense in 2024 ($1.248B), nearly doubling again * All amounts…
We cannot account for PPP/C claims of employment increases of 50,000 or 60,000 new jobs over 2020-2024 period
In October 2023, Vice President Jagdeo claimed that the PPP had fulfilled a PPP Manifesto promise by creating 50,000 jobs [https://newsroom.gy/wp-content/uploads/2019/11/pdfresizer.com-pdf-resize.pdf ], in just over 3 years since returning to power, but without providing any evidence for his claim (https://www.stabroeknews.com/2023/10/12/news/guyana/govt-has-fulfilled-promise-by-creating-50000-jobs-jagdeo/ ). In May 2025, Tara Singh claimed the Government added more than 60,000 jobs between 2020 and…
Most disturbingly, the government refuses to disclose who issues tax certificates to the oil companies
The presidency is the most sacred office in our Republic – its occupant sworn to uphold the Constitution and to serve all the people without fear or favour. Under President Ali, that office has been diminished – through evasion, manipulation, and a style of governance that rewards loyalty over merit, secrecy over transparency, and partisanship…
Book Launch: “Oil and Climate Change in Guyana’s Wet Neighbourhood: Probing Promises and Potential Peril”
Book Launch: “Oil and Climate Change in Guyana’s Wet Neighbourhood: Probing Promises and Potential Peril” July 8, 2025 beginning at 6 p.m. EDT. Register Here: https://rb.gy/b9romj Speakers
Use non-oil GDP as the true indicator of the economy
Dr Gampat is raising very important issues in his letter, SN 2025-06-04, related to the adequacy of financing of Guyana’s economic development thrust through the Central Government Budgetary revenues and expenditures. He also noted the dual nature of the economy, namely, oil and non-oil. He argues for the use of Guyana’s non-oil Gross Domestic Product…
Exxon’s 2024 Financial Statements
Every Man, Woman and Child Must Become Oil-Minded Part 159 1. Overview Earlier this week ExxonMobil Guyana Limited (EMGL) summoned the Guyana press to the launch of its 2024 Annual Report. Two conditions: only questions on the financial statements would be entertained and the number of questions strictly restricted. Like one of its junior partners…
The oil spill Bill pathway through the Attorney General represents both an abuse of the Legislative and nullification of the Judicial branches of government
President Ali disappointedly betrayed the nation with his assent to the Oil Pollution Prevention, Preparedness, Response and Responsibility Bill (the Bill), ignoring the numerous troubling concerns and forebodings brought to his attention by eminent Guyanese, Caribbean and other international experts including a scathing rebuke by the Commonwealth Lawyers Association citing the Government for breaches of…
Let’s see if Section 28 of Oil Spill Bill is suit of armour or a fig leaf
Now that the President has assented to the Oil Spill Bill against all sound advice, including that of the Oil & Gas Governance Network (OGGN), we must not succumb to the consequences without asking for the surety, which I rate as the unspoken defence the Government thinks they have if they are taken to court….
Use comprehensive Environmental Protection Act instead of highly defective Oil Spill Bill
The Oil and Gas Governance Network (OGGN) supports the broad spread of objections to the highly defective Oil Pollution Prevention, Preparedness, Response and Responsibility Bill, passed narrowly by the National Assembly of Guyana on 16 May 2025, but not yet given Presidential assent. This broad spread includes at least the following protests published in the daily…
