In subservience to Exxon and realizing that they will lose the legal battle, the Government now plots its heralded scheme for an oil spill legislation to nullify Judge Kissoon’s decision decreeing that an Unlimited Parent Company Guarantee (referred herein as UPCG) must be provided to bear the full cost of any oil spill, above what…
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…
A Table of a Chart and a Graph Introduction Today I will deliberately use the Chinese aphorism that “a picture is worth a thousand words” with great effect. So, with two pictures, we start with two thousand words which takes me over my word limit. Some weeks ago, the Government announced that two historic cricket…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 122 – March 1, 2024 Introduction The Ali Administration has been promising continually that an independent, competent Petroleum Commission will be appointed to oversee the operations of the oil and gas sector. But like it has done in relation to the confirmation of…
Imagine if you didn’t know the amount of money in your family’s primary bank account for the past two years. Would you borrow money at exorbitant interest rates when you didn’t need to? Would you skip on meals for your family because you thought you didn’t have enough money? It is coming up on two…
A few years ago, oil companies would bombard the Guyanese people with “frontier country” to justify an embarrassing Stabroek Block contract that is currently paying us a paltry 14.5% or less of total oil revenues. The oil companies seem to have retreated from marketing us the “frontier country” tune after pushback from those in the…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 118 – December 29, 2023 Among the several challenges facing the Natural Resource Fund (NRF) – also known internationally as a Sovereign Wealth Fund – identified in column 117 published on 22 December, was one which I described simply as “accounting”. Readers will…
All files available at: https://www.gyeiti.org/news/gyeiti-report-fy2020-final
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 108 – April 9, 2023 Introduction Part 107 of this column took up the issue of the construction of a Head Office building by Esso Exploration and Production Guyana Limited at Ogle, ECD and asserted that the whole saga is rife with misrepresentation,…
