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Darsh Khusial

How is Exxon going to prove its share of the pre-contract costs incurred in Guyana if its automatic ‘file sweep’ programme deleted records dated before August 2015?

News EditorNovember 3, 2019November 4, 201903 mins

Exxon has an automatic ‘file sweep’ programme that has been deleting company records dated before August 2015. And, apparently, no backup exists for the deleted records. Did Exxon’s automatic ‘file sweep’ programme brush away the pre-contract records? Hence, what evidence will Exxon be submitting to prove its portion of the estimated US$900 million pre-contract costs?…

Oil Talk with OGGN Guyana Episode #25: Our oil keeps the world moving but we can’t keep our lights on

News EditorApril 25, 2024May 7, 202401 mins

There is a clause in the contract that says renegotiation can be done with the agreement of both parties

News EditorOctober 10, 2023October 10, 2023110 mins

There is a clause in the contract that deals with the subject of renegotiation. To paraphrase: it says it can only be done with the agreement of both parties. How does one party (GoG) secure the agreement of the other (Exxon)? Robin Singh (SN, Oct 8th) says you must have “bargaining chips” to induce Exxon…

Uncategorized

Non-disclosure attracts EITI attention

News EditorDecember 17, 2017October 29, 201801 mins

The fact that Government collected a legitimate US$18 million signing bonus from oil giant ExxonMobil but failed to disclose this transaction to the nation has not gone unnoticed by international watchdog Extractive Industries Transparency Initiative (EITI). Guyana became a member of the group just two months ago, with its candidature application submitted in August in…

Geoffrey Da Silva

A CHECKLIST FOR TESTING AND PREVENTING THE OIL“DUTCH DISEASE”

News EditorAugust 25, 202002 mins

Vice-President Bharrat Jagdeo gave a very comprehensive and detailed presentationof the Government’s positions on the new oil and gas industry in an interview with Kaieteur Radio’s Kiana Wilburg. In contrast to the lack of transparency on the oil and gas sectorbythe previous APNU/AFC administration, Jagdeo clearly stated that the Governmentis determined to provide sound and…

Uncategorized

A FAIR DEAL FOR GUYANA – A FAIR DEAL FOR THE PLANET

News EditorMarch 4, 2018June 16, 201902 mins

The seas surrounding Guyana are under threat by big oil companies. We believe that the Government of Guyana is putting the natural world and our common home in danger. Our legal cases will help protect the ocean, biodiversity and the global climate system for the benefit of each one of us. The legal cases will…

One of the characteristics of gov’ts is to disregard what the activist citizen asks for

News EditorFebruary 25, 2023March 29, 202303 mins

I write with reference to Darsh Khusial’s letter titled: “What evidence is there of an EITI extension?” in SN edition of Feb 24th. Darsh Khusial has done some excellent research – looking up those websites – and now demanding proof from President Ali that an extension had been granted. One of the characteristics of the…

Chevron and transparency

News EditorJanuary 8, 202404 mins

On October 23, 2023, Chevron announced that it had purchased Hess shares in the ExxonMobil Guyana Limited (EMGL) for US$53.0 Billion. Recalling that Hess owned 30 percent of the company, this ownership implied that the total equity in the company is now estimated to be US$176.7B, with the remainder distributed as US$79.5B for ExxonMobil, and…

Will GtE project’s commercial and other documents be released into the public domain

News EditorMarch 25, 202403 mins

The Gas-to-Energy (GtE) project’s commercial arrangements have been finalized. The Hansards record the government’s undertaking for these documents to be laid in the National Assembly. When will the Office of the Prime Minister release into the public domain the following information as recorded in the Hansards and/or requested directly: When will the Ministry of Natural Resources and Environment release…

Throwing Around oil numbers

News EditorAugust 9, 2019February 5, 2024010 mins

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 73 – August 9, 2019 Introduction It has been a week of headlines in the petroleum sector. First out was Dr. Mark Bynoe who told the Stabroek News about Government’s plans to market its share of crude oil. This was followed by a…

Let National Assembly determine fiscal terms for oil contracts

Venezuela achieved all that they set out for in their 2021 Acuerdo and the Joint Declaration of Argyle

Inside the Numbers: Unraveling CNOOC’s Financial Performance in Guyana’s Oil Sector

Who feels it knows it

Are fishermen to be simply ‘collateral damage’ to the oil companies and contractors?

There is a precedent for renegotiating the 2016 Petroleum Agreement. Time for this Government to show some spine

How is Exxon going to prove its share of the pre-contract costs incurred in Guyana if its automatic ‘file sweep’ programme deleted records dated before August 2015?

Oil Talk with OGGN Guyana Episode #25: Our oil keeps the world moving but we can’t keep our lights on

There is a clause in the contract that says renegotiation can be done with the agreement of both parties

Non-disclosure attracts EITI attention

A CHECKLIST FOR TESTING AND PREVENTING THE OIL“DUTCH DISEASE”

A FAIR DEAL FOR GUYANA – A FAIR DEAL FOR THE PLANET

One of the characteristics of gov’ts is to disregard what the activist citizen asks for

Will GtE project’s commercial and other documents be released into the public domain

Throwing Around oil numbers