EEPGL a ploy to plunder oil

EEPGL a ploy to plunder oil

Utilizing data reported by the International Monetary Fund (IMF), the Bank of Guyana (BoG) and Kaieteur News (KN), I will show that EEPGL has already recouped their investment; that they are earning significant profits; and that Guyana’s share will remain at meager levels for our non-renewal resource, unless the PSA is renegotiated. According to the…

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Appealing Judge Kissoon's ruling

Appealing the ruling of Judge Kissoon is tantamount to surrendering to ExxonMobil

Former EPA chief Dr. Vincent Adams has said many times that Full Liability Coverage (FLC) as enshrined in the permits, equals insurance plus a parent company guarantee to cover “any” costs above insurance. In mathematical parlance: Full Liability Coverage = Insurance + Parent Company Guarantee for all remaining costs. Parent Company Guarantee is simply a…

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