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Guyana's tax giveaway: Guyana pays ExxonMobil, Hess and CNOOC's annual income taxes
Guyana is giving tax breaks worth at least USD$1.7 billion over five years to three of the world’s largest oil companies.
Report
More Headline Risk Around Alberta’s Oil-Sands Industry
… overall aspirations, the other exploring how executives at Cnooc Ltd. of China evidently blew it two years ago by …
Analysis
Will the East African Crude Oil Pipeline (EACOP) ever be built?
Will the East African Crude Oil Pipeline (EACOP) ever be constructed?
Analysis
Sixth Guyana lawsuit filed over failure to protect public from spill risks
Another lawsuit has been filed over Guyana’s failure to release the details of an ExxonMobil insurance policy covering the costs of a future oil spill cleanup caused by offshore drilling.
Analysis
Clean-up costs for wells in Guyana, another loophole to benefit ExxonMobil and partners
… with many provisions that favor ExxonMobil, Hess and CNOOC at the expense of Guyana.
Report
IEEFA: Guyanese oil deal tax incentives raise income reporting concerns
Press Release
ExxonMobil benefits from loophole requiring Guyana to pay for costs of decommissioning wells
May 26, 2022 (IEEFA) – ExxonMobil is going against industry standards in Guyana by receiving $3.2 billion for decommissioning costs that is not required to be set aside for decommission and clean-up in the country, according to the latest…
Press Release
Special event: Guyana debates offshore oil contracts with ExxonMobil-led consortium
Kaieteur News in collaboration with Kaieteur Radio will host a live-streamed end-of-year debate in Guyana on December 31 at 11:00 AM GYT (10:00 AM EST).
Panelists will explore Guyana’s first year as an oil-producing state, what went right,…
Press Release
IEEFA Africa: Is Angola a cautionary tale for Guyana’s oil wealth hopes?
The South American country of Guyana, the latest nation to have discovered commercial reserves of oil and gas, hopes to raise its standard of living, cut its debt, eliminate its deficit and create a sovereign wealth fund. It is in a weak…
Analysis
IEEFA Guyana: Despite contract terms that heavily favor ExxonMobil, missteps continue to plague productivity and drag down returns
Analysis
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