Opinion
When OpenOil and Global Witness take into account the ‘critical’ Paris Agreement they drop their estimate of Guyana’s revenue down to $40 billion over 20 years
The full Global Witness report has now been published. Does anybody still take seriously the estimate of US$168 billion to Guyana from oil production? Or the extra US$55 billion that Exxon is supposed to give up because Global Witness say Exxon can afford it – ignoring the real world where Exxon answers to its shareholders not…
It remains the case that this is a rotten deal with Exxon that must be changed
Guyanese are trapped in an unprecedented and appalling Petroleum Agreement with Exxon (Exxon, Hess and Nexen). It is arranged and recorded in exploitative and egregious language. What has been forced on this nation by APNU+AFC is inexcusable, unjustifiable and indefensible; and we are further insulted by calling the sellout “an Agreement”, one that needs unlimited…
Bridging Deed sells both patrimony and soul (3rd. Instalment)
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 85 – February 6, 2020 Two days ago, Column 84 set out the main provisions of the 2016 Bridging Deed. That Deed purported to keep alive the 1999 Petroleum Agreement signed by then President Janet Jagan. Effectively, it not only allows the three…
It is time for those in GGMC to start spilling the beans
Newell Dennison and others in GGMC should start spilling the beans on all these suspicious actions by politicians and companies, which may have defrauded the ordinary people of billions of US$. Such actions of disclosure might be viewed as very patriotic, and might be remembered for steering Guyana away from its nasty exploitative past with…
Oil: We Still Speak Negotiation!
One of the most pressing concerns in our modern time is climate change. This past year has shown the disastrous and potentially catastrophic effects of global warming throughout our planet, including polar icecap melting and coastal flooding. Carbon sink also known as carbon sequestration is in jeopardy because of non-sustainable deforestation. More important is the…
Exxon on voters’ minds
I have been traveling around the country conducting a tracking poll on election-related matters, including on peoples’ trust in GECOM and its Chair, as well as on political figures. I also have been querying voters on popular media personalities and readership of newspapers and columns as well as their interest in news reports and commentaries….
What the coalition gov’t should say about the Global Witness report
Would it not be refreshing to see the following as a press release from APNU or the coalition government in relation to the recently published report by Global Witness? “…. APNU press release in relation to the recently published Global Witness report on Guyana. Guyana is starting its oil & gas industry from scratch, and…
Bridging Deed sells both patrimony and soul (2nd. Instalment)
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 84 – February 4, 2020 This Column regards the Bridging Deed conceived by some artful legal mind as going to the heart of the 2016 Petroleum Agreement – one of the first major economic acts of the Granger Administration. The handmaiden for the…