A recent controversy surrounding ExxonMobil's treatment of shareholders has sparked concerns about the implications for Guyana's developing oil and gas sector. The company's lawsuit against two shareholders, 'Arjuna Capital' and 'Follow This', has raised questions about its commitment to transparency, accountability, and environmental responsibility.
Oil & Gas
President Ali Defends Guyana’s Oil Boom on BBC’s Hardtalk
In the midst of rising tensions with neighboring Venezuela and mounting environmental concerns, President, Irfaan Ali, has staunchly defended Guyana's aggressive pursuit of its newfound oil wealth. In a recent interview with Stephen Sackur for BBC Hardtalk, President Ali reiterated Guyana's commitment to developing its oil and gas industry, despite criticism over potential environmental degradation and geopolitical risks.
Evaluating Transparency in Guyana’s Oil Sector Management
Recent discussions have brought to light the critical importance of transparency and strategic planning in Guyana's burgeoning oil industry. Vice President Dr. Bharrat Jagdeo, charged with overseeing this sector, has found himself at the heart of these debates, prompting a closer look at the government's strategies from the parliamentary opposition.
Former U.S. President Bill Clinton to Visit Guyana
Former U.S. President Bill Clinton is gearing up for a high-profile visit to Guyana, set to take place over two days starting Monday. The visit comes at a time of significant economic growth and transformation in the country, drawing attention from around the globe.