Oil advocacy group banking on oil reports for independent analysis

From: https://www.kaieteurnewsonline.com/2021/03/03/oil-advocacy-group-banking-on-oil-reports-for-independent-analysis/ The Oil & Gas Governance Network (OGGN) awaits the publication of oil reports dating back to the beginning of oil production. Vice President, Dr. Bharrat Jagdeo, had committed during a February 9 press conference that the government would make the reports available to the press. Three weeks later, the press does not have…

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We insist on open governance in relation to the gas to shore project

I am pleased that Farfan & Mendes Limited and SOVENTIX Caribbean S.R.L have signed a deal with the Guyana Energy Agency (GEA) for the engineering, procurement, construction, installation and commissioning of solar photovoltaic (PV) power plants including Battery Energy Storage Systems for the hinterland at Bartica and Lethem for US$2 per watt. Despite asking, I…

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Getting Exxon to give unlimited insurance is key sign that renegotiation is possible – Oil & Gas body

Kaieteur News – The Oil & Gas Governance Network (OGGN) stands firm that ExxonMobil’s Stabroek Block agreement is renegotiable, and that former Head of the Environmental Protection Agency (EPA), Dr. Vincent Adams proved this during his stewardship in the post.In October last year, Dr. Adams had told Kaieteur News how he had ensured that the…

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Precedent exists for renegotiation of Exxon deal, gov’t has to act

Has the Government inquired with Exxon about improving the financial terms of the Stabroek Block oil contract? The Guyana Environmental Protection Agency (EPA) was recently able to push back on the oil companies to improve the Stabroek Block agreement which was originally signed in 2016. Those improvements have centred around protecting Guyana from the devastation…

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