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  • 2021
  • November
  • 5

November 5, 2021

  • Jerry Jailall

Harmon’s call for a 50% royalty could change the political dynamics in Guyana

News EditorNovember 5, 2021November 6, 202102 mins

Mr. Harmon’s picture in a local paper wearing a t-shirt saying, “Demand 50% royalty,” seems to be clear support for the renegotiation of the oil and gas contract as any increase in the 2% paltry royalty we get now would require renegotiation. If Harmon stands solid, this changes the political dynamics in Guyana and spells…

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  • Janette Bulkan

Exxon must be made to carry full comprehensive insurance coverage

News EditorNovember 5, 2021March 2, 202202 mins

Dear Editor, I refer to your article, ‘Gov’t seeking up to US$2B insurance coverage from Exxon for Yellowtail project’, 04 November 2021.  The Liza, Payara and Yellowtail oil wells are around 18,000 feet deep in the rocks and under 5-6,000 feet of Atlantic water.  BP’s Macondo well in the Gulf of Mexico in 2010 was…

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