The oil companies, Hess & Exxon, recently reported earnings in the 2Q2023 that were significantly below the profits they earned in 2Q last year. However, they were very optimistic about the future because of their big bet on Guyana. By 2027, they are projecting to be pumping 1.2 million barrels of oil per day. With…
MARAD Notice to Mariners number 114 dated July 31 2023 was published through the Department of Public Information on 03 August. The Notice covers the arrival and deployment of another of Jan De Nul’s dredgers. Jan De Nul is the 15 percent shareholder in the VEHSI shore base alongside the 85 percent shareholding of NRG…
A priest once said with reference to a local bigwig in Guyana, an impoverished country perched on the northern shoulder of South America: “first you get on, then you get honest.” That is, you need to acquire wealth before you can be philanthropic. Little of that culture of philanthropy appears to have survived among the…
Your editorial ‘IACHR resolution’ on 30 July 2023 summarises the resolution about the dreadful long-running case of illegal mining at Chinese Landing. The Inter-American Commission on Human Rights had previously addressed the complaint about similar problems at Isseneru. The two documents are well worth reading for the careful histories of events, and summaries of the very dubious…
I do not see a problem with a group of people like OGGN (Oil & Gas Governance Network) working to get a better, fairer deal for Guyana from Guyana’s oil. The Democratically Elected PPP/C Government seems to be hypersensitive to constructive criticism leading to some supporters getting riled up at the slightest criticism. This is…
I am not clear on what grounds the General Secretary of the People’s Progressive Party was speaking on 27 July 2023 about issues which are proper to the mandates of the Ministry of Natural Resources and the Ministry of Amerindian Affairs and Ministry of Legal Affairs, as well as agencies EPA, GGMC and GLSC. I…
Reference is made to the letter entitled “The legitimacy of the Oil and Gas Governance Network (OGGN) is highly questionable” (Stabroek News, July 27, 2023). In the summer of 2017, OGGN was created as a legitimate non-profit organization located in Hollis, New York, United States of America. The Internal Revenue Service (IRS) of the United…
The drivel (for want of a euphemistic word) of the letter writer, Joel Bhagwandin, does not deserve a response because of lack of substantive information; but to allow it to be sustained in the public domain may give it credence. OGGN is a bona fide non-profit organization. Its members are impeccably clean – IT Specialist,…
According to the last count, there are seven countries that have jettisoned their national currency and adopted the American dollar as their legal tender. There are also four countries that have adopted the euro as their currency. These are examples of complete dollarization or euroization. Closer to home, Panama and El Salvador of Central America,…
All Guyanese should read the SN letter of March 28th titled, “Bhagwandin’s disclosure about the Vreed-en-Hoop shore base raises more questions than answers provided” by Isiah Francis. Francis was responding to Joel Bhagwandin’s article of March 26th in which he spilled the beans on the shorebase project. His article titled, “Vreed-en-Hoop shore base is not…
