Opinion
The withdrawals from the NRF, the new Demerara bridge and more
Today’s column will simulate two scenarios of expected money inflows into and outflows from the Natural Resource Fund. All simulations are based on the NRF Act of 2021. The Act allows for higher early withdrawals from the Fund. Several justifications for high initial withdrawals were outlined by government officials. First, the dire shortage of the…
President should make a public appeal to Exxon for contract renegotiation
As the Energy Conference gets underway, Guyana continues to experience the phenomenon of blackouts. Only last week the national grid ran into trouble and they had to bring in experts to diagnose the problem. They had to shut down the five dual-fuel power generating sets at GPL’s Garden of Eden power plant, to prevent a…
Canada Has A Golden Opportunity To Condemn Corruption At Guyana Energy Conference But Will It?
The Canadian High Commissioner to Guyana, Mark Berman, is one of the featured speakers at the inaugural Energy Conference & Expo to be held in the oil-rich South American CARICOM nation from February 15th to 18th, 2022. This is a pivotal opportunity for the Canadian ambassador to state Canada’s commitment to companies needing to pay taxes…
Guyana’s right to tax any economic activity should not be denied
The developed world is turning a blind eye on matters of tax fairness in the process of exploitation of Guyana’s petroleum oil resources. Under the current oil contract that a Guyana Minister was ‘told to sign’, Guyana gets an effective zero per-cent of profits tax after the Minister pays the contractors’ share of profit tax….
OGGN 2022 Winter Magazine
https://www.oggn.org/wp-content/uploads/2022/02/OGGN-2022-Winter-Magazine.pdf You can also view as a flip book, see link below. The full screen for the magazine is at the bottom right when you scroll your mouse there. The zoom for the magazine is also at the bottom right. https://www.flipsnack.com/77957A99E8C/oggn-2022-winter-newsletter.html
Chris Ram on why the oil companies can’t rely on the stability clause to protect them from paying taxes – Moray House Trust Clip
This clip is part of a longer presentation from Moray House Trust that can be found at this link: https://www.youtube.com/watch?v=coCJ8FVRUuk
Mr. Darren Woods, this is what Guyanese want you to know, and what Guyanese want you to tell us
The Exxon Head, Mr. Darren Woods, is listed as a presenter at the February 10, 2022 Energy Conference. Mr. Woods is probably coming to Guyana, and is likely to get a very warm welcome from the Oil Renegotiation Movement. Exxon is a partner in development in an unequal, unfair relationship. What we want Mr. Woods…
Movement for renegotiation of Exxon deal gaining momentum
As Mr. Glenn Lall of Kaieteur News and the other independent paper, the Stabroek News, feature stories on the bad deals we have with our oil and gas contracts, more and more people are understanding that both the PNC and PPP have sold out our oil, leaving us with “larwah” compared to what Exxon and…
The Natural Resource Fund Act: ZOOM Panel Discussion – January 29, 2022 – Moray House Trust
You are warmly invited to join the first Moray House Trust panel discussion of 2022: Title: The Natural Resource Fund Act Speakers: Tarron Khemraj, Mike McCormack, Christopher Ram Moderator: Alissa Trotz Date: Saturday 29th January 2022 Time: 5.00 PM Guyana — …