Chris Ram: Survey Questionnaire on 2016 Petroleum Agreement
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Mapping the Gas Bubble: Patterson’s Folly
Every Man, Woman and Child Must Become Oil-Minded (Part 65) Introduction Today’s column carries out a commitment I made in a letter earlier this week responding to a statement by Mr. David Patterson, Minister of Public Infrastructure appearing in the last Sunday Stabroek. Patterson reports that a Dutch company will be undertaking an ocean floor…
Tax credits would be a fair and equitable way to distribute our new oil wealth
The proposal by Professor Clive Thomas of the distribution of cash from the projected oil revenue to every Guyanese household caught me by surprise. With the proposed payout, there is every likelihood that the price paid for goods and services will invariably increase, thus reducing the real purchasing power to the beneficiary. Firstly, we need…
Do Guyanese politicians understand the scale of the oil giveaway?
If you owned one of the nicest houses in an exclusive neighbourhood, would you sell your house for a fraction of what other sellers are receiving? Guyana is receiving significantly less money from its oil production than other countries. But some Guyanese politicians hide behind the porous façade of the sanctity of contract while others…
I was accosted by three intimidating men at the gas-to-energy civil works’ landing site
Further to the various public pronouncements about the gas to energy (GtE) pursuant to the Environment Permit (EP) granted to EEPGL, on behalf of the Stabroek Block Partners, and also pursuant to the publications on the gas to power published by the Ministry of Natural Resources and Environment’s website inter alia, I decided to do…
We urge President Ali to renegotiate the contract for the Stabroek Block
We congratulate Dr Irfaan Ali on becoming the 9th Executive President of Guyana. In the history of our nation, this is a transformational moment given our recent discovery of an abundance of energy resources. What he does over the next few years will set the direction of Guyana for decades. We were elated when on…
There must be an independent EIA on the proposed waste management operations at Coverden
We write in solidarity with Cover-den and its community advocates, Penelope Howell and Audreyanna Thomas, who have exposed alleged breaches of the Environmental Protection Act (EP Act) and rule of law in the awarding of an environmental permit to Professional Waste Solutions Incorporated (PWSI) by the EPA to operate an on-shore oil and gas waste…
Guyana deserves higher share of oil profit
The Production Sharing Agreement (PSA) that Guyana has with ExxonMobil is fraught with opportunities for abuse. In fact, these very loopholes could result in a significant dent in the revenue Guyana is supposed to get from the oil find by the operator. This was noted by the International Monetary Fund (IMF) in a report that…
If we reduce our oil production we will save significantly more than donation from Exxon
ExxonMobil’s donations to support COVID-19 programmes in Guyana appear to be the first donation of its kind outside America. The oil major has operations in more populous countries like Brazil (210 million people) and Mozambique (30 million people) but has not made any public announcements of donations to those countries. Yes, it signals our oil…