On Wednesday, February 15th, 2023 the Esso Guyana Media Relations Advisor, Kwesi Isles, stated that the increase of the Liza 1 and Liza 2 projects’ combined output to 400,000 barrels per day was safe. This appears to be the second time in less than a year that an Esso Guyana representative has issued highly questionable…
A foreign observer analyzing Guyana’s oil resource per citizen would guess that a baby born in the last few years in Guyana would be one of the luckiest of the 8 billion people in the world. But the observer would be mistaken. It is approaching 3 years since we started producing oil but one of…
If you owned one of the nicest houses in an exclusive neighbourhood, would you sell your house for a fraction of what other sellers are receiving? Guyana is receiving significantly less money from its oil production than other countries. But some Guyanese politicians hide behind the porous façade of the sanctity of contract while others…
The circuit breaker box controls the electrical energy in your house. Electronic devices in your house ranging from microwaves to televisions would be reduced to ornaments if the circuit breaker box malfunctions. This critical box is installed in your house, not on your street. You wouldn’t want criminals to easily disable the lights and alarms…
The assets of Esso Guyana will be insufficient to cover the costs of a major oil spillLast year, Afghanistan bodies were falling off American jets, filled with Americans, as the planes accelerated up into the sky. Those images depict how quickly America will abandon a country that appears financially worthless to it.If we have a…
On Saturday August 6th, 2022 the Communications Manager of Esso Exploration wrote a letter that appeared in the major Guyanese newspapers in which she made a number of points with regard to the EPA permits. However, it appears this letter had misleading statements. In the letter the Esso Exploration representative states, “Production rates on the…
The Canadian High Commissioner to Guyana, Mark Berman, is one of the featured speakers at the inaugural Energy Conference & Expo to be held in the oil-rich South American CARICOM nation from February 15th to 18th, 2022. This is a pivotal opportunity for the Canadian ambassador to state Canada’s commitment to companies needing to pay taxes…
In a press release this past Saturday, the government admitted that the Stabroek Block contract is lopsided. The Department of Public Information article further states, “…with the passage of the local content legislation, Vice President, Dr. Bharrat Jagdeo, said the law now recoups the benefits lost from the Exxon deal.” It is astounding that the…
Major Guyanese newspapers have been exposing numerous issues surrounding the oil contracts. One positive change, as a result of their relentless efforts, was having the Ministry of Natural Resources publish Guyana’s oil lift data. Additionally, it appears that the Extractive Industries Transparency Initiative (EITI) reviews have had some impact because a new website has appeared…
