Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 98 – June 24, 2022 Introduction Last week’s column began a short series on the 2021 financial performance of the three companies – Esso, Hess and CNOOC – which hold 45%, 30%, and 25% respectively of the highly productive Stabroek Block, a find…
Every Man, Woman and Child Must Become Oil-Minded (Part 97) – June 17, 2022 It is more than five months since the 96th. column was published on January 22nd. of this year. That column summarised the court action brought by citizen Glenn Lall seeking declarations against the tax provisions contained in the 2016 Petroleum Agreement….
Every Man, Woman and Child Must Become Oil-Minded (Part 95) This Article was Published on the 30 July, 2021 Introduction Thirty months after its passage and assent by President Granger in January 2019, the only thing active about the Natural Resource Fund Act is that it continues to generate controversy. The Act was passed during…
This Article was Published on July 2, 2021 This final column of this mini-series examining the financial statements of the three Contractors under the 2016 Petroleum Agreement, reviews their balance sheets, sometimes referred to as statement of affairs, as at December 31, 2020. The Table below is designed in a similar fashion as the summary…
Every Man, Woman and Child in Guyana Must Become Oil-Minded This was Published on June 21, 2021 Introduction This column which last appeared on April 17, 2020, is returning for a short series. It will feature the 2020 financial performance of the three companies which signed a petroleum agreement with the Government of Guyana for…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 86 – February 7, 2020 Introduction It has been a week of fast-moving events. This past Monday (February 3), the London-based NGO Global Witness released a report Signed Away in which it made the claim that had Guyana properly negotiated the 2016 Petroleum…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 85 – February 6, 2020 Two days ago, Column 84 set out the main provisions of the 2016 Bridging Deed. That Deed purported to keep alive the 1999 Petroleum Agreement signed by then President Janet Jagan. Effectively, it not only allows the three…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 82 – January 17, 2020 Today’s column returns to the issue of Local Content Policy which appears either to have been drowned out by the excitement of First Oil or in which interest seems to have ebbed – a pattern since the Local…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 81 – January 3, 2020 Introduction This column should have continued my take on Local Content. I will defer this to a later piece so that I do not miss the very focus on this series: the Road to First Oil. Readers will…
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Part 80 – December 6, 2019 Introduction Last week’s column gave a brief overview of the Third Draft of Government’s Local Content Policy which was released to the bemused public by Dr. Mark Bynoe, Director, Department of Energy part of the super Ministry of…
