Latest update August 17th, 2026 10:20 AM
Jul 04, 2023 ExxonMobil, News, Oil & Gas
Kaieteur News – Former Minister of Natural Resources, Raphael Trotman, has strongly refuted allegations that he acted as a rogue element in the negotiation and signing of the Stabroek Block Production Sharing Agreement (PSA) between the Guyanese government and an ExxonMobil-led consortium.
In his book ‘From Destiny to Prosperity,’ Trotman addresses these accusations and provides insight into the decision-making process that led to the now highly controversial agreement.
Trotman stated that both the former President, David Granger and the Cabinet were fully aware of the agreement being negotiated. “I was never acting alone, and did seek and obtain Cabinet’s approval to enter into the agreement.” He noted also that several weeks later, the former Minister of Finance, Winston Jordan had even tabled a Motion for a Resolution to be adopted by the National Assembly in accordance with the Petroleum Act, further attesting to their involvement and approval. One of the main criticisms that was also levelled against Trotman was that he ignored expert advice during the negotiation process. However, Trotman vehemently denied this claim in his book, asserting that he followed the instructions and guidance he received from his superiors. He acknowledged that President David Granger’s former advisor on petroleum, Dr. Jan Mangal, among others, had their own perspectives on what the agreement should entail, and these views were shared with the Head of State. He noted however, “If my superiors wished, they could have stopped me from proceeding. No one stopped me from proceeding, and it was no secret that an agreement with Exxon, Hess and CNOOC was in the works.”
The former oil minister strongly argued that as no such intervention occurred, it is clear that his actions were conducted with the knowledge and approval of his superiors.
Trotman’s assertions challenge the prevailing narrative which has been swirling for years, and has cast doubt on his true motivations for signing the contract. Global Witness, for example, had painted a picture of Trotman’s visit to Houston to meet with Exxon, in a manner that raised troubling questions about the former Minister’s integrity. Global Witness, which now has different reporting priorities, has since rescinded its ‘Signed Away’ report. Trotman insists however that the negotiation process was transparent, and the agreement with Exxon, Hess, and CNOOC was a collective decision made by the government.
He has now come forward to say that he believes the contract can be renegotiated. Despite the stability clause, Trotman asserts that if Guyana indicates an interest to renegotiate some terms, the oil companies would come to the table. However, the former minister’s seeming change of heart may be seen as convenient. Kaieteur News and many other advocates have carried the fight for this contract to be renegotiated for years, since its publication. Trotman has only now made this perspective known, after his government has been voted out of office, and when he has no power to do what he appears to be insinuating the PPP/C administration must do. Vice President Bharrat Jagdeo has indicated that Trotman’s writings are of little concern, and will not impact the current management of Exxon’s Stabroek Block PSA.
Subscribe to get the latest posts sent to your email.
Rising Debt, Rising US Dollar Rate in Oil-rich Guyana!

Aug 17, 2026
Punta Cana, Dominican Republic – The Guyana Football Federation (GFF) Under-14 Boys made a commanding start to the 2026 Caribbean Football Union (CFU) U14 Challenge Series, securing a resounding 8...Aug 17, 2026
(Kaieteur News) – One of the persistent afflictions of post-colonial societies is the absence of planning commensurate with ambition. Governments announce grand projects, inaugurate grand buildings, make grand speeches and produce grand visions, but somewhere between the vision and the delivery...Aug 16, 2026
By Sir Ronald Sanders (Kaieteur News) – Haiti’s plight must not be forgotten because it is no longer a regular feature of international headlines. The suffering has not diminished. Between January and early June 2026, at least 2,310 people were killed, 1,106 were injured and 99 were kidnapped,...Aug 17, 2026
(Kaieteur News) – I have heard about a hanging judge. From readings, I know about travelling judges. There’s familiarity with governing judges better known as Administrative Law Judges. Thanks to the leader of the A Partnership for National Unity (APNU), Mr. Aubrey Norton, I now have my...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com