Guyana and the Wider World

Guyana’s Emergent Oil and Gas Sector: Linking Guyana’s Petroleum Sector to ExxonMobil’s turnaround from its Zombification

Introduction A month ago, in my February 13 column, I had readily acknowledged my strong support for the widely expressed judgment that “ExxonMobil in the second half of the 2010s and certainly all of 2020, had become a classic zombie firm, as that term is defined… in business, finance and economics” I used the preceding month to evaluate whether a turnaround away from this zombie status was likely; beginning in Q4 2021.

More on ExxonMobil’s ability to turn around its Zombification

Introduction My two immediately preceding columns have been dedicated to exploring, for reader’s benefit the thesis advanced by Envision Research, which argues that, ExxonMobil, an iconic Global 500 corporation, can successfully turnaround its fortunes away from its heavy indebtedness and ongoing zombification – if it could arrive at a financial position where it is able to generate sufficient revenues to be able to invest in its own self-driven or organic growth.

Guyana’s Oil and Gas Sector: More on Wrapping-up the Buxton Proposal for Direct Cash Transfers to Households – Part 9

Introduction Because of its centrality to the query — as to whether projected oil revenues are likely to be large enough and sufficiently stable to finance successfully income transfers of  the magnitude and stability required to alleviate substantially income poverty in Guyana — I need to explore more fully the workings of Government Take under the ruling PSA.

Guyana’s Oil and Gas Sector:  Wrapping up the finances and petroleum metrics embedded in the Buxton Proposal – Part 8

Introduction I began the discussion on the petroleum metrics and finances of the Buxton Proposal by observing that the only material change to the  data previously utilized was the computation of Government Take by the IDB in their Technical Note back in August 2020, entitled ‘Traversing a Slippery Slope: Guyana’s Oil Opportunity.’

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