Freddie Kissoon in his Kaieteur News column dated September 5, 2019 stated: “I am bamboozled by the insane frequency of the condemnations of Exxon, but no condemnation of the hate Sanjeev said is currently threatening Guyana.”Another columnist wrote in similar vein of Guyanese condemning Exxon “… your Eyewitness is getting a tad tired with the…
Dear Editor, I applaud the government for announcing that ‘uncapped interests’ will not be recovered as expenses in oil and gas exploration and production (KN Sep 12). I salute the media and other forces for being vigilant on the oil industry exposing shenanigans and looking out for the country’s interests unlike some politicians who are…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 76 – September 6, 2019 Introduction For some time, questions have been raised about the royalty provisions in the 2016 Agreement under which Trotman/Greenidge/Granger partially signed away the birthright of all Guyanese past, present and future. This short column seeks to identify both…
In our last article, we dealt with the miscalculation of the licence area in the contract with Exxon. Prior to that we discussed some history which suggests that the claim that Venezuelan belligerence was the justification for the resort to illegality in the invention of wholesaling of license blocks when no such concept was available,…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 75 – August 30, 2019 Introduction Two weeks ago in Toronto Canada, the organisation Caribbean Council of the Americas (CCA) in a public advertisement invited the Guyanese community and “other interested parties in the greater Toronto area to learn about all and gas…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 74 – August 23, 2019 Introduction A couple of weeks ago Column 73 examined a statement by Dr. Mark Bynoe about the uplift of oil every eight to ten days and of his plans to independently market Guyana’s share of petroleum which we…
The passage of time has seen our oil discoveries exceed six billion barrels. Our commentators, with great zest and zeal, protested the unconscionable contract’s plunder and robbery of our oil resources by ExxonMobil and their minions, with a 2% contract that has now withered down to appeals for Local Content, Ring Fencing, Tax Stabilisation Removals,…
In discussing Guyana’s nightmare oil deal last week, Winston Jordan predicted that Guyana will get “two hundred and something million” US dollars in 2020. He referred yet again to a “2% royalty.” As we all know, the APNU+AFC coalition sometimes has a problem with simple arithmetic and went all the way to the Caribbean Court…
The Caribbean beats of reggae and soca ease into American hip-hop at a roadside bar in Georgetown, Guyana. Outside, teenagers hoot as they whiz past palm trees on mopeds. But for Gavin Singh, a 36-year-old investment banker, this is no time for play or relaxation. “People out there don’t really get it,” he says, pushing…
