Opinion
OGGN and TIGI deplore attacks on female journalists
The Guyana Oil and Gas Governance Network (OGGN) and Transparency Institute Guyana Inc. (TIGI) condemn the ad hominem attacks on female journalists, most recently on Davina Bagot and Nazima Raghubir, on social media websites. The attacks are not about the substance of the news reports; rather they are attacks on the reporters themselves. Chillingly, the attacks place…
Mystery in reconciling tax exemptions to oil companies in 2021
The audit results for the oil companies operating in the Stabroek Block from 1999 to 2017 revealed a stunning US$214 million in questionable expenses. The auditor’s report was leaked 2 years after completion which raises questions about why the government wasn’t transparent with the Guyanese people, given the outrageous amount of money under question. There…
When the People Lead, The Leaders Follow: The Save Cockpit Country movement and fight against extraction in Jamaica
When the People Lead, The Leaders Follow Join us for the second in this series of conversations about Extractivism in the Caribbean, which will spotlight the communities and people asking questions and organizing. The Save Cockpit Country movement and fight against extraction in Jamaica. DATE: Thursday May 4, 2023 TIME (PLEASE NOTE TIME ZONES): 6 PM…
The Messy Business of Exxon’s Ogle Head Office
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 107 – March 31, 2023 Introduction Today I return to the matter of Esso’s new head office at Ogle, first addressed in Part 104 on 9th. March. The story of this mega building is rife with misrepresentation, secrecy, complicity, abuse of power, possible…
The Messy Business of Exxon’s Ogle Head Office – Part 2
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 108 – April 9, 2023 Introduction Part 107 of this column took up the issue of the construction of a Head Office building by Esso Exploration and Production Guyana Limited at Ogle, ECD and asserted that the whole saga is rife with misrepresentation,…
The Messy Business of Exxon’s Ogle Head Office – Part 2
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 108 – April 9, 2023 Introduction Part 107 of this column took up the issue of the construction of a Head Office building by Esso Exploration and Production Guyana Limited at Ogle, ECD and asserted that the whole saga is rife with misrepresentation,…
Govt. now siding with ExxonMobil to avoid renegotiating oil deal
Though Guyana’s blossoming petroleum sector is in desperate need of pruning to ensure the fruits satisfy the needs of the local populace, the country’s leaders have not been hearkening to their respective roles. This much can be said, particularly about Vice President (VP) Bharrat Jagdeo, who is tasked with management of the local petroleum, according…
New PSA fails to fix source of foreign currency shortage
Chartered Accountant, Christopher Ram has reiterated his position that the current foreign currency shortage is a fallout from the 2016 Production Sharing Agreement for the Stabroek Block and he said Guyanese should note that the much vaunted Model PSA has essentially retained the old foreign exchange framework, which is the source of the problem. Writing…
New oil PSA repeats major weaknesses in old contract
Amid calls from the Opposition and other stakeholders for an extension in the time for scrutiny of the new model Production Sharing Agreement released by government recently, Chartered Accountant, Christopher Ram said there should be a public forum for broad and general consultations. Writing in his weekly Oil and Gas column in the Stabroek News…
These issues are very important as Guyana’s new oil economy unfolds
There are important issues raised in Joel Bhagwandin’s [JB] letter in SN – March 26, 2023 that are very important for Guyana, as the new oil economy unfolds. Principles related to ownership rights and corporate funding determine future incomes earned from such ownership rights. Future tax payments are also related to the classification of corporations…