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…as Gov’t yet to address nation on promised 50% oil profits
(Kaieteur News) – Since July 31, 2026 ExxonMobil announced to its shareholders that the company has recovered all of its investments made in Guyana to develop the seven projects approved to date – a significant development in the country’s petroleum sector that is yet to be addressed by the Government of Guyana (GoG).
Attorney and Chartered Accountant, Christopher Ram in a scathing commentary to this newspaper on the matter blasted the administration for its silence on such a key milestone in the nation’s oil story, describing it as an act of disgrace for government to leave citizens reliable on information supplied by a multinational corporation that has proven to be “less than straight and honest” in its dealings locally.
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