Ecuador’s first big rights-of-nature case
Latin America + Caribbean
Posted inNews
How Exxon Captured a Country Without Firing a Shot
Guyana is poised to become Exxon’s top global oil producer. Where the company ends and the government begins is increasingly unclear.
Posted inNews
Could Guyana’s Exxon ruling scare big oil off risky exploration?
Ruling requiring ‘unlimited guarantee’ from oil firms to cover costs of spills could change offshore drilling throughout region
Posted inNews
Guyana High Court: EPA and ExxonMobil Put Country At Grave Risk
If oil majors actually have to assume the risks of offshore drilling, will that change the math?
Posted inDocuments
2023 Ruling in Guyana Insurance Case
Judge Sandil Kissoon’s blistering ruling against Guyana’s EPA and Exxon for not preparing the country for the potential risks associated with deepwater offshore drilling and the likelihood of a major spill.
Posted inDocuments
Guyana Collins & Whyte v EPA ruling
Ruling in Guyana insurance case, in which Justice Sandil Kissoon ruled that the EPA had failed the Guyanese public by not requiring unlimited liability coverage from ExxonMobil in the event of a catastrophic spill.
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Debunking the “Moral Case” for Fossil Fuels
Data doesn’t back up the fossil fuel industry’s claim that it helps countries in need of development funding.
Posted inDocuments
IHS Markit Report: “Guyana aims to strengthen institutions to avoid petro-state pitfalls”
A report from IHS Markit, part of S&P Global, on Guyana’s burgeoning fossil fuel industry. Report authors note that “Guyana is laying the groundwork to address pitfalls that have plagued the world’s petro-states for decades. Good-governance institutional reforms aimed at managing oil revenues, mitigating corruption, regulating the upstream sector, and ensuring political stability are not […]
Posted inDocuments
IEEFA Report on 2016 Petroleum Agreement between Exxon and Guyana
IEEFA analyst Tom Sanzillo writes: “Guyana government officials face an upcoming decision on a request to renew an environmental permit for offshore oil operations in the Liza 1 field, an extensive area of seabed owned by Guyana. ExxonMobil has requested that the government weaken the environmental protections contained in the prior permit. Although Guyana and […]
Posted inDocuments
Summary of IEEFA Report Findings: 2016 Petroleum Agreement Between Guyana, ExxonMobil, et. al.
This report summarizes three IEEFA studies and several analytical commentaries on the 2016 petroleum agreement (the “contract”) entered into between the government of Guyana and Esso Exploration and Production Guyana Limited (a subsidiary of ExxonMobil), CNOOC Nexen Petroleum Guyana Limited and Hess Guyana Exploration Limited. The agreement governs oil exploration, production and profit sharing between […]
