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…
I have to confess to some impatience at having to correct, once again, some of the disinformation being peddled. Instead of taking stock of how this individual embarrasses himself, he continues to show reckless indifference, as if it were a badge of honour. Two months ago, there was a demonstration of the inability to differentiate…
Details, including the full terms of reference or scope, remain unpublished regarding the 2018-2020 ExxonMobil Guyana US$7.3B cost recovery audit report, leaving Guyanese to speculate on the political, economic, and military influences on Guyanese-led RVHE Consulting and international firms: Martindale Consultants Inc. and SGS. Kaieteur News released an article on November 12th, titled, ‘How ExxonMobil…
Kaieteur News – The Attorney General (AG), Anil Nandlall S.C last week issued a cautionary statement to Guyanese critical of the oil sector, as he claimed these were being used by the Venezuelan government to bolster its outrageous claims over Guyana’s sovereign territory. His remarks were met with widespread condemnation and continue to be disarmed by…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 117 – December 22, 2023 Introduction The International Monetary Fund and the Inter-American Bank have both expressed concerns about the structure and operations of the Natural Resource Fund, one of the PPP/C’s flagship projects directly associated with the oil and gas economy. This…
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“Maduro had in his possession, several volumes of documents, containing information on the 2016 ExxonMobil PSA and the various reports by citizens claiming that ExxonMobil is robbing Guyana of its oil and gas resources”, says AG Nandlall (SN Letters, Dec 17th). I don’t understand how Maduro can use these mostly [news-clippings] to pressure ExxonMobil to…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 116 – December 15, 2023 Introduction Today’s column returns to the very popular topic of ringfencing in petroleum operations. Column 115 appearing in the Stabroek News of November 24 addressed how Belize, a mini-petroleum state, used the industry’s regulator, the legislation and the…
