Its Thanksgiving weekend in America, which kicks off the Christmas holiday season in the US. The US President is giving his citizens an early Christmas present by releasing oil from the US Strategic reserve to curtail the rise in gasoline prices and heating bills. US citizens can celebrate low unemployment levels and an economy that…
Newspapers publishing letters with allegations and refusing to give the accused space for a response is unethical journalism. The following papers have published accusations against OGGN but refused to publish our response: Our response to these critiques is here: https://www.oggn.org/2023/07/29/oggn-is-a-legitimate-non-profit-organization-registered-under-the-irc-section-501c3/
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 141 – October 19, 2024 Introduction The results of a recent survey on the 2016 Petroleum Agreement with ExxonMobil and partners reveal overwhelming public support for renegotiation, with serious concerns about key provisions of the Agreement. The survey, conducted by Ram & McRae…
Reference is made to news reports that the Government of Guyana is seeking Parliament’s approval for over US$192 million (40 billion GYD) in supplementary funds to shore up needed expenditure up to the end of 2024. Earlier this year, Senior Minister in the Office of the President with Responsibility for Finance and the Public Service,…
The presentation slides can be found here: http://www.oggn.website/wp-content/uploads/2019/06/chris_ram_oggn_event_20190601.pdf
The audit results for the oil companies operating in the Stabroek Block from 1999 to 2017 revealed a stunning US$214 million in questionable expenses. The auditor’s report was leaked 2 years after completion which raises questions about why the government wasn’t transparent with the Guyanese people, given the outrageous amount of money under question. There…
The 38% tariff on Guyana’s exports to the United States is among the highest announced by President Donald Trump late last week. The number is half of the 76% that Trump’s economic advisers have calculated as the actual value of the tariff disparity between the USA and Guyana. However, what began as a comparison of…
The Guyana Revenue Authority says it is examining the audit report for US$460M of ‘pre-contract costs.’ Irrespective of any audit by IHS Markit, or anybody else, the Guyanese people are not liable for any ‘pre-contract costs’ unless three conditions are met. One: Clear legal authority. Where was Raphael Trotman’s legal authority to agree to ‘pre-contract…
Just days after its major oil find at the offshore Ranger-1 site in the Stabroek Block, ExxonMobil’s subsidiary, EEPGL is preparing to begin drilling at the Pacora-1 well site. According to an advertisement in today’s Stabroek News from the Maritime Administration Department, Esso Exploration & Production Guyana Ltd (EEPGL) will on January 25 begin a…
Former presidential advisor on petroleum Jan Mangal has expressed shock that ExxonMobil has flared over 2 billion cubic feet of natural gas offshore and said that he had insisted in 2018 that there be no flaring and that gas be brought to shore for electricity, fertilizer and other uses. Believing that ExxonMobil flared the gas…
