March 7, 2026
Headlines

Janette Bulkan

Guyana’s income from petroleum management compared with Gulf of Mexico and Pennsylvania

News Editor04 mins

Income from new shallow-water blocks offshore Guyana versus Gulf of Mexico Minister Vickram Bharrat was pleased to remind the National Assembly during the second day of the Budget 2026 debates that Guyana had gained USD 22 million from ‘two recently signed petroleum agreements’ (https://dpi.gov.gy/ppp-cs-transparent-oil-management-sets-guyana-apart-from-coalitions-secretive-record-min-bharrat/).  It was not clear from where the Minister found his USD…

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The Gov’t must clarify Guyana’s position on ExxonMobil’s CEO Woods’ comment about ‘force majeure’

News Editor05 mins

In Guyanese Creolese, the word ‘basiddey’ means ‘being in a state of mental disorientation or confusion, dazed, dumbfounded’.  The oil giant ExxonMobil certainly seems to have acquired expertise in sowing a state of ‘basiddey’ in successive governments in Guyana. Relinquishing areas Last year, in early July 2025, the government announced that ExxonMobil Guyana Limited (EMGL)…

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Government must release all oil and gas related data retrieved from oil companies to the public

News Editor03 mins

The Minister for Natural Resources, like Christopher Columbus, has discovered that Guyana’s petroleum legislation allows for retrieval of information generated by the oil companies; see ‘Govt. demands immediate information on oil discoveries in new PSA’ and ‘Exxon must provide daily drill data, ROV images’, both in Kaieteur News (December 9, 2025). Minister Vickram Bharrat referenced…

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The scale of Closed Areas Committee economic rent redirected away from GGMC could be beyond our imagination

News Editor05 mins

Among the disclosures which ‘top miner’ Azeem ‘Junior’ Baksh made to journalist Travis Chase on 27 March 2025, and aired on 12 August 2025, (https://www.facebook.com/watch/?v=3980217925561620) were his interactions pertaining to the Geology and Mines Commission (GGMC) Closed Areas Committee. ‘Closed Areas’ refer to lands hitherto held under large-scale Prospecting Licences that are progressively released by…

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Are members of the GGDMA providing money, security and bodyguards ‘free of charge’ to the PPP?

News Editor03 mins

On 27 August 2023, the Guyana Chronicle reported on a Guyana Gold & Diamond Miners Association (GGDMA) awards ceremony: ‘Among the distinguished awardees were: … Gold Target Export – Recognized as the leader among Top Gold Traders’. One of the photographs featured in the Guyana Chronicle report was of Azeem Baksh, of Gold Target Export,…

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Sale of forest carbon credits is legitimate only if there is a policy and associated activities to add more forest area, or accelerate the growth of trees

News Editor03 mins

Is Guyana trying to join the ‘carbon cowboys’ who hoodwink politicians and incautious citizens into paying for what Nature provides at no cost to humanity?  Guyana’s natural tropical rainforests are in dynamic equilibrium.  What they breathe in and photosynthesis by day, they mostly respire back to the atmosphere by night or lose through natural decay…

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World Bank data continues to display Guyana’s poverty rate as 48% which contradicts other assessments that it has halved in three years

News Editor02 mins

In spite of the oil-induced inflation of Guyana’s economy, a walk through Georgetown will show rampant poverty and homelessness. The same is true in many areas along the coast. The World Bank assessed in 2022 Guyana’s poverty rate as 48 per cent of the population living below the poverty line of USD 5.50 per day;…

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