Tag Archives: royalty

by GHK Lall I have been unambiguous before, and will be just as unambiguous today. Exxon must make rich returns on its oil investments in Guyana. It has. Beyond imagination, spreadsheet calculation, leadership vision. In identical fashion, so must Guyana. The Guyanese people must also make money. Much more money from their oil, and not in the meager amounts that ...

by GHK Lall Let the people speak and the results speak for themselves. Accounting and legal firm Ram & McRae conducted a survey of 135 Guyanese. They spoke in clear terms, almost unanimous terms, of what they would like to happen with their oil wealth. From money to its management, most Guyanese want more from their oil patrimony. And the ...

Guyana is this year expected to lift and sell five million barrels of crude oil being extracted from the Liza-1 well from the ExxonMobil-led consortium under the banner of Esso Exploration and Production Guyana Limited (EEPGL), Director of government’s Department of Energy, Dr Mark Bynoe said Tuesday. “I am happy to say that Guyana is entitled to approximately five million ...