Guard against ‘watered down’ language that weakens oil and gas insurance rights – former EPA boss warns

Former head of the local Environmental Protection Agency (EPA), Dr. Vincent Adams, has warned that Guyana must safeguard itself against what he described as “watered down language” that could possibility weaken the country’s abilities to hold oil companies operating in the Stabroek Block, from fully accepting their responsibility in the unfortunate event of an oil…

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Exxon had agreed in writing to full liability coverage but PPP/C halted finalisation

I have followed with deep interest, the recent warranted upsurge in public outcry from experts and affected populations of all walks of life in Guyana, the Region, and other international communities calling for full insurance coverage in the event of an oil spill. However, there appears to be some confusion, misinformation, and missing facts in…

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Diaspora seen as pivotal to Guyana’s oil future

Whether Guyana becomes “immensely rich or just another Trump-hole” from oil revenues depends largely on its ability to attract specialty experience and competencies in industry and sectors here, says business website Bloomberg. “Guyana could attenuate the brain drain by reaching out to its diaspora,” Bloomberg yesterday reported. “There are more than 100 reported expatriate organizations,…

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Agriculture, renewable energy, not oil are keys for Guyana’s long-term sustainability

Although Guyana is expected to become an oil producer, energy expert Dr. Vincent Adams says agriculture and renewable energy will actually be its keys to long-term sustainability. Adams told Sunday Stabroek that this will be what he will be telling not only government but Guyana’s citizenry when he returns this year, after serving in several…

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