Attorney General of Guyana, Mohabir Nandlall, is currently on a visit to New York. On July 2nd, he appeared at two meetings – one at Villa Russo to an audience of 60 and second, at Royal Restaurant on Rockaway Blvd. in Queens, NY to an audience of 150. At the Villa Russo meeting, I asked…
Dr. Tulsi Dyal Singh writes: I spoke about the flaws in the PSA at length at my Moray House talk three years ago. In fact, I tried to console the audience with a riff based on that old primary school poem, “If”. (SN July 5th). I don’t know what Dr. Tulsi Dyal Singh said about…
With your permission, permit me to explain how total revenue, total cost, and profits are identified in the Guyana oil business, and in particular Liza One. In this regard, knowing the selling price (P) and the average total cost (ATC) of a barrel of oil signals the first decision point of any investment. The average…
From: https://www.kaieteurnewsonline.com/2018/06/06/local-content-is-not-ads-publications-catering-and-taxi-services/ On Monday, Opposition Leader Bharrat Jagdeo called for the Government to publish the list of 309 companies ExxonMobil said it used last year to support its operations. Instead, the Government released, yesterday, a list of what it said were registered companies used by the oil giant for the first quarter of 2018. That list…
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…
Dear Friends and Supporters, Much has happened in the last few months! In October, the Acting Chief Justice ordered the three oil companies to be joined to the action. The good news is that they may not recover any costs against the litigant Mr Gaskin. Our lawyers have since put in the affidavits in reply…
I am most elated by VP Jagdeo’s hullabaloo surrounding the arrival of the capping stack in Guyana, since it finally brings attention to the constant raising of my dreaded concern about the Government’s dangerous tripling of the stack’s deployment time to 9 days from the 3 days decided upon by the Coalition Government and Exxon,…
I offer the following clarifications to apparent misunderstandings by President Mohamed Irfaan Ali in his encounter with BBC ‘Hard Talk’ journalist Stephen Sackur (KN, ‘Bring it in – President Ali’s seminal defence of Guyana’s road map’, 01 April 2024) and by General Secretary Bharrat Jagdeo in his weekly Press encounters (DPI, ‘Guyana will remain a…
Global Witness may say that Guyana could lose US$55B from the controversial Stabroek Block agreement between Government, ExxonMobil, Hess and CNOOC. But Chartered Accountant Nigel Hinds is of the view that the anti-corruption watchdog and its partner, Open Oil, were being modest. Hinds says that Guyana stands to lose as much as US$108B.In an interview…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 70 – July 19, 2019 Introduction Following up on last week’s column we have set out below a Table summarizing the Profit and Loss Statement of Mid-Atlantic for each of the years 2013 (part-year) to 2018 extracted from the company’s audited financial statements…
