2024
Mr Nandlall’s response suggests he has found magic formula to overcome concerns about 2016 PSA
Mr. Anil Nandlall S.C. Attorney General and principal legal adviser to the Government has written rather disparagingly about comments I made in my last Friday‘s Stabroek News oil and gas column. Without naming me or addressing any of the extensive data, sources and arguments I used in arriving at my findings, he claims that my…
The Myth of the equal share – Part 1
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 119 – January 09, 2024 Introduction On the occasion of the first column for 2024, I extend best wishes to readers for an informed and productive year and realisation of the hope of a fairer contract. Readers will recall the promise made in…
Natural Resource Fund Inflows under Article 14.1 of the 2016 P.A and Section 15 of the NRF Act
Originally Published At: https://www.chrisram.net/?p=2421
Payment of Tax under Article 15.4 (b) and 15.5 of the Petroleum Agreement
Originally Published At: https://www.chrisram.net/?p=2424
Chevron and transparency
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…
Do US interests still prevail in Essequibo two hundred years after the Monroe Doctrine?
Janette Bulkan is Associate Professor in the Faculty of Forestry, University of British Columbia This column reflects on the Joint Declaration of Argyle against the geopolitical backdrop in which Guyana and Venezuela are enmeshed. One can contrast the Guyana government’s declarations of sovereignty against the tangible exercise of power and influence before and after May 2015, when…
The NRF tax violation calls into question sanctity of the Stabroek Block Contract
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…