Reference is made to the letter entitled “The legitimacy of the Oil and Gas Governance Network (OGGN) is highly questionable” (Stabroek News, July 27, 2023). In the summer of 2017, OGGN was created as a legitimate non-profit organization located in Hollis, New York, United States of America. The Internal Revenue Service (IRS) of the United…
Dear Editor, Reference is made to your article captioned ‘Exxon’s subsidiary registered $577b profit in 2022’ (SN 6/18/23) and I would like to make a few observations. First, the published data in this and another article (https://www.kaieteurnewsonline.com/ 2023/03/09/the-average-cost-per-barrel-of-oil-produced-by-exxon-is-questionable-unacceptable/). show that EEPGL has been able to extract a total of 168.8 million barrels of oil during…
Former EPA chief Dr. Vincent Adams has said many times that Full Liability Coverage (FLC) as enshrined in the permits, equals insurance plus a parent company guarantee to cover “any” costs above insurance. In mathematical parlance: Full Liability Coverage = Insurance + Parent Company Guarantee for all remaining costs. Parent Company Guarantee is simply a…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 103 – March 3, 2023 Introduction On 22 February 2023, the Guyana High Court handed down its decision in the action brought by newspaper publisher and crusader Glenn Lall. The action was filed on 22 January 2022 naming the Attorney General as the…
