Dear Editor, The protection of the public from untruths, half-truths, misrepresentations, and distortions dictates that I make an exception to my unwillingness to engage in any place or in any capacity. As shown in the examples set out in this letter, multiple-part responses in the print and social media to repeated assertions about financial shenanigans…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 110 – October 20, 2023 Introduction Today’s column begins the review of Trotman’s book From Destiny to Prosperity – the names of two of the first three Floating Storage and Production Offshore vessels (FPSO) in the petroleum operations conducted by the Contractors in…
1. Q: What kind of audit was conducted on ExxonMobil’s costs? A: It was a ministerial audit required by Guyana’s 2016 petroleum agreement. 2. Q: What costs were audited? A: ExxonMobil’s pre-production costs from 1999 to 2015. 3. Q: How much in costs did the audit find were ineligible for cost recovery? …
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 109 – October 13, 2023 Introduction It has been several months since column 108. Yet, when I told a friend that I intended to publish approximately eight columns over the next few weeks, his immediate reaction was the question: what will you say…
According to a Bank of Guyana Report, the share of Total Revenue that Guyana received for profit oil and royalty between January 2020 and June 2023 is US$2.68 billion. And from this amount, it can be derived that total Revenue (TR) is US$18.47 billion, the total cost recovery is US$13.85 billion, and the share of…
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…
The discussion starts a minute 44, see video link here: https://youtu.be/7W5HmFg9LMA?t=2653
…says Exxon given green light to ruthlessly exploit oil at the expense of our environment Kaieteur News – Former Head of the Environmental Protection Agency (EPA), Dr. Vincent Adams views the recent High Court ruling on the flaring of gas during oil production offshore Guyana as a travesty of justice against the people of Guyana. Flaring…
Alfred Bhulai’ reaction: “The litigants had asked for orders directing the EPA to provide reports on the amount of gas flared, and the toxins released.”I can’t fathom how the CJ allowed this to happen when the applicants were asking for an order to get data. How can they get evidence when the EPA is the…
