Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 114 – November 17, 2023 Introduction The Kaieteur News this past Wednesday reported that Minister of Natural Resources Vickram Bharrat as stating that the Government has written ExxonMobil directing that it relinquish portions of the Kaieteur and Canje Oil Blocks. There are two…
President Irfaan Ali ring-fencing is an important concern that has engaged the attention of the Guyanese people; but Guyanese policymakers do not want to take any action to establish ring-fencing in each of the oil projects that are currently extracting and exporting oil from Guyana. When there is no ring-fencing, the people of Guyana are…
Dear Editor, The protection of the public from untruths, half-truths, misrepresentations, and distortions dictates that I make an exception to my unwillingness to engage in any place or in any capacity. As shown in the examples set out in this letter, multiple-part responses in the print and social media to repeated assertions about financial shenanigans…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 110 – October 20, 2023 Introduction Today’s column begins the review of Trotman’s book From Destiny to Prosperity – the names of two of the first three Floating Storage and Production Offshore vessels (FPSO) in the petroleum operations conducted by the Contractors in…
…says Exxon given green light to ruthlessly exploit oil at the expense of our environment Kaieteur News – Former Head of the Environmental Protection Agency (EPA), Dr. Vincent Adams views the recent High Court ruling on the flaring of gas during oil production offshore Guyana as a travesty of justice against the people of Guyana. Flaring…
Recently, the World Bank, using the Gross National Income (GNI) per capita measure, reclassified Guyana as a high-income country. GNI is the sum of all income earned by a country, irrespective of where the income was earned. The justification for this elevation into the highest GNI category is largely based on the impact of foreign…
…Jagdeo does not own the country’s resources Kaieteur News – President of local watchdog organization, Transparency Institute Guyana Inc (TIGI) Frederick Collins is calling on the Government of Guyana (GoG) to release the reports submitted by ExxonMobil, outlining the impacts of the COVID-19 Pandemic on their operations. The quarterly reports were a prerequisite to the extension…
A letter entitled “Notions that the level of borrowing is reckless are far-fetched” penned by Mr. Bhagwandin was published earlier this week in Stabroek News (August 8, 2023). The backdrop to this letter is as follows. The National Assembly approved, last week, a new debt ceiling to facilitate greater borrowing. Guyana’s domestic public debt ceiling…
The sheer organisational magnitude and efficiency of ExxonMobil as an industrial power was shown in the MARAD Notices to Mariners numbers 106 and 107 (2023) dated 12 June but only published on July 13 in your paper. These Notices cover the near-shore laying of the pipe for the Gas-to-Energy project; previous MARAD Notices covered the…
Dear Editor, ExxonMobil will have its annual shareholder meeting on Wednesday May 31st, 2023. During this meeting, shareholders will vote on a number of resolutions raised. These resolutions were outlined in its 2023 Proxy statement, a copy can be found here: https://investor.exxonmobil.com/company-information/annual-reports-proxy. Shareholder resolution #10 is concerned with Guyana and seeks additional reporting on worst-case spill…
