All parties can agree to renegotiate Esso petroleum contract

Alastair Routledge, Esso’s latest country manager, has been reported in the press as saying that ExxonMobil cannot renegotiate the Petroleum Agreement because of ‘sanctity of contract.’ That is not correct. Article 31.2 of the Petroleum Agreement says: “This Agreement shall not be amended or modified in any respect except by written agreement entered into by…

Read More

Robert Persaud quietly awarded the Canje/Kaieteur oil blocks to non-entities in 2015 days before his party lost the election, and then ExxonMobil quickly bought into these two blocks

People are now saying VP Jagdeo is a sell-out to ExxonMobil.  But I disagree, because the PPP leadership forfeited the interests of the poor people of Guyana to ExxonMobil since 2015. Robert Persaud quietly awarded the Canje/Kaieteur oil blocks to non-entities in 2015 days before his party lost the election, and then ExxonMobil quickly bought…

Read More

PPP/C gov’t will be making monumental blunder if it approves Payara without getting better deal

It has been reported that approval of ExxonMobil’s Payara Development Project seems closer to fruition, as Minister of Natural Resources Vickram Bharrat has confirmed that a draft licence is being discussed. Minister Bharrat was previously reported as saying, “Even though the PPP/C government may be desirous of granting the approval for ExxonMobil’s third development project…

Read More

We need strong leadership like that demonstrated by Dr Adams to protect Guyana

A patient with cancer would want an experienced world class oncologist to give the diagnosis and prescribe the treatment. For a life changing event, one wouldn’t fire the oncologist in the middle of their assessment and then seek advice from a replacement with much less qualifications and experience. But it appears the Government of Guyana…

Read More

APNU+AFC approved Liza Phase One permit same day it received Exxon’s 1,500-page environmental impact assessment

One year after rushing to sign the lopsided Stabroek Block Production Sharing Agreement (PSA) with ExxonMobil, the APNU+AFC administration allowed the company’s Liza Phase One permit to be approved on the same day the Environmental Protection Agency (EPA) received the Environmental Impact Assessment (EIA) for the project. Exposing this revelation yesterday was international lawyer, Melinda…

Read More

EPA sued for breaking law to grant permits to oil company

The Environmental Protection Agency (EPA) has been sued over a decision to issue environmental permits to Esso Exploration and Production Guyana Ltd authorizing offshore drilling for 24 years. The lawsuit filed in the Constitutional and Administrative Division of the High Court was brought by Dr. Troy Thomas, a scientist and the former President of Transparency…

Read More

A CHECKLIST FOR TESTING AND PREVENTING THE OIL“DUTCH DISEASE”

Vice-President Bharrat Jagdeo gave a very comprehensive and detailed presentationof the Government’s positions on the new oil and gas industry in an interview with Kaieteur Radio’s Kiana Wilburg. In contrast to the lack of transparency on the oil and gas sectorbythe previous APNU/AFC administration, Jagdeo clearly stated that the Governmentis determined to provide sound and…

Read More