Guyana shares oil revenues under the Stabroek Block PSA, with the government explaining the revenue flows through the Ministry of Natural Resources.
8 reports, 1 independent
Updated Sep 20
Gone quiet
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- 8
- Developments
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- Repetition
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Guyana shares oil revenues under the Stabroek Block PSA, with the government explaining the revenue flows through the Ministry of Natural Resources.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.ExxonMobil recovered $55B in costs, detailing how cost recovery affects Guyana's profit share.1 source
PSA governs oil production and profit sharing in Guyana.1 source
Details on Guyana's oil revenue sharing mechanism under the Stabroek Block PSA.1 source
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The entities involved
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Guyana
country in South America
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Ministry of Natural Resources
government organization in Kigali, Rwanda
Nothing else this week.
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ExxonMobil
American multinational oil and gas corporation
Related events
- ExxonMobil operates in Stabroek Block off Guyana, while Christopher Ram analyzes the revenue generated from the oil operations.
- A 30% stake in Guyana's offshore Stabroek Block is noted. Higher oil prices are increasing free cash flow, while ongoing conflict in Iran impacts this flow.
- Guyana is seeking to enhance its energy security by focusing on crude oil refinement.
- Chevron's earnings are being driven by growth in Guyana, political risks in Venezuela, and supply shocks in the Middle East.
- Irfaan Ali is President of Guyana, and ExxonMobil operates under the Stabroek Block PSA.