Reference is made to Genevieve Glatsky’s May 25 New York Times article entitled “Venezuela Plans Vote for Disputed Oil-Rich Territory”, which contains several critical inaccuracies. First, Essequibo is not “oil-rich.” All commercially viable oil discoveries lie offshore, in the eastern and southeastern parts of the Stabroek Block, east of the Essequibo River delta and well…
The Oil Pollution Prevention, Preparedness, Response and Responsibility Bill 2025 (the Bill) is nothing but an all-time brazen scam perpetrated by the PPP/C to cancel Judge Kissoon’s decision, and bears out a bold-faced election time deception by the PPP/C that they will include unlimited liability coverage in the Bill after waging a 5-year rabid war…
Hopefully, all of Guyana have recovered from the shock of the bombshell pre-election revelation that the Government has retreated from their rabidly fought 5-year battle against unlimited liability protection to cover an oil spill. During their respective media programmes of last week, both Vice President Jagdeo and Attorney General (AG) Nandlall, announced tabling of the…
Over the past seven weeks, the Sunday Stabroek has published a series of letters by the Oil and Gas Governance Network (OGGN) Guyana highlighting the lopsided nature of the 2016 Production Sharing Agreement (PSA) between the Government of Guyana and ExxonMobil Guyana Ltd, along with its affiliates Hess Corporation and CNOOC. As previously reported by…
The recent US reciprocal Tariff Schedule for Guyana, 76/38 % is not trade-weighted by the amount of Guyana’s exports versus its imports from the US. It appears that Guyana has used its 76% tariff charged to the US as a revenue measure, in a similar way that Trump is attempting to do. For example, fish exported…
Over the past six weeks, the Oil and Gas Governance Network Guy-ana (OGGN) has published several letters in the Sunday editions of Stabroek News informing the Guya-nese public about a questionable tax arrangement between the Govern-ment of Guyana and the Stabroek Block Contractor – ExxonMobil Guyana Ltd, along with its affiliates Hess Corporation and CNOOC….
I agree with Christopher Ram, the teacher, in his article, SN-2025/03/28: ‘Are these payments reflected in the revenue of the Guyana Revenue Authority and the Consolidated Fund?’ Government accounting rules should be followed in a similar way that private accounting does, such as the generally accepted accounting principles (GAAP), as a key standard used in…
Let’s face facts. Might is ultimately right in our world. Sure, we have progressed to behaving more civilly with each other when the stakes are relatively low. However, there are no holds barred when the stakes are high. The new administration in the USA seems to get to the greedy point with fewer…
Since February 16, 2025, the Sunday Stabroek has published a series of weekly letters by the Oil and Gas Governance Network Guyana (OGGN) querying the questionable tax practices by oil companies and urging the Government of Guyana, its ministers, and public servants to answer questions regarding the flow of oil-related tax payments. Under the 2016…
Reference is made to a press release dated March 17, 2025, issued by the Department of Information, titled “Minister of Parliamentary Affairs and Governance Responds to OGGN.” Minister Gail Teixeira was responding to a letter from the Oil and Gas Governance Network (OGGN) Guyana, titled “Minister Teixeira Must Address UN Concerns on Access to Information…
