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US$2B parent guarantee still leaves Exxon in breach of Liza 1 Permit

Upon examining the provisions of the Liza Phase One Permit, High Court Judge, Justice Sandil Kissoon has ruled that there is an unambiguous requirement for Exxon’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) to furnish authorities with an unlimited liability Parent Company Guarantee Agreement and/or an unlimited liability Affiliate Company Guarantee. He has also ordered that this order be complied with by June 10 or the permit would be suspended.

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High Court Judge rules EPA acted illegally by failing to suspend/cancel Liza 1 Permit in view of Exxon s 11 months of non-compliance on insurance

High Court Judge rules EPA acted illegally by failing to suspend/cancel Liza 1 Permit in view of Exxon s 11 months of non-compliance on insurance
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Govt vows to fight judge s ruling ordering ExxonM to fully compensate Guyana for oil spill

Govt vows to fight judge s ruling ordering ExxonM to fully compensate Guyana for oil spill
kaieteurnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kaieteurnewsonline.com Daily Mail and Mail on Sunday newspapers.

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Justice Kissoon orders Exxon to provide unlimited insurance coverage within 30 days to Guyana

High Court, Justice Sandil Kissoon on Wednesday ordered the Environmental Protection Agency, (EPA) to issue an Enforcement Notice to Esso Exploration and Production Guyana Limited (EEPGL) and its parent company, Exxon Mobil to ensure it provides unlimited insurance coverage to safeguard Guyana against the devastating effects of an oil spill within the next thirty days.

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Govt to appeal High Court decision ordering Exxon to provide unlimited insurance to Guyana

Government has signaled its intention to appeal a High Court ruling on Wednesday ordering the Environmental Protection Agency, (EPA) to issue an Enforcement Notice to Esso Exploration and Production Guyana Limited (EEPGL) and its parent company, Exxon Mobil to ensure it provides unlimited insurance coverage to safeguard Guyana against the devastating effects of an oil spill within the next thirty days.

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