December 22, 2024
Headlines

Resource ownership.

With no ring-fencing Guyanese are denied their rightful share of the oil revenues

With no ring-fencing Guyanese are denied their rightful share of the oil revenues

News Editor010 mins

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…

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distribution between EEPGL and Guyana

This distribution between EEPGL and Guyana is palpably inequitable and it must be changed now

News Editor07 mins

    Dear Editor, Reference is made to your article captioned ‘Exxon’s subsidiary registered $577b profit in 2022’ (SN 6/18/23) and I would like to make a few observations. First, the published data in this and another article (https://www.kaieteurnewsonline.com/ 2023/03/09/the-average-cost-per-barrel-of-oil-produced-by-exxon-is-questionable-unacceptable/). show that EEPGL has been able to extract a total of 168.8 million barrels of oil during…

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