Jun 26, 2022
…says was not done but contract does not explicitly rule out recovery Kaieteur News – Oil producing countries across the world have been robbed of their lawful benefits due, through skullduggery involving taxes and royalties to be paid to the tune of billions of US dollars. As such, when the matter of whether Esso Exploration...
Jun 24, 2022
– Guyana bears the burden Kaieteur News – With the revelation that Royalty being paid to Guyana by ExxonMobil Guyana is in fact being recouped by the US-based, operator of the Stabroek Block, it would be apposite to note that the country was warned about the misleading nature of the Production Sharing Agreement (PSA) at...
Jun 20, 2022
By Melinda Janki Melinda Janki is an attorney-at-law practising in Guyana and an international lawyer who has worked in over 20 countries. The Renewable Energy Institute in England recently came up with the marvellous idea of a “solar-mechanical energy-generating wheelbarrow system” by which a wheelbarrow would generate electricity as it was rolled along. The rationale...
Jun 17, 2022
Kaieteur News – By Davina Bagot Every Man, Woman and Child Must Become Oil-Minded (By Christopher Ram) (Part 97) It is more than five months since the 96th column was published in the Stabroek News on January 22nd of this year. That column summarised the court action brought by citizen Glenn Lall seeking declarations against...
Jun 12, 2022
Kaieteur News – – Meanwhile Guyana Govt. goes to court to ensure oil company gets tax free ride Kaieteur News – US President, Joe Biden on Friday last, lambasted ExxonMobil Corporation, his country’s largest oil and gas producer, for not assisting with easing supply shortages which have unleashed economic pains on the pockets of American...
Jun 12, 2022
Kaieteur News – Kaieteur News – Oil is a tricky business and Guyana has found itself in a conundrum where it is foregoing more than it earns, meaning the oil business is essentially running at a loss for the country. According to the Production Sharing Agreement (PSA), Guyana has agreed to, under the taxation provisions,...
Jun 06, 2022
By Elizabeth Deane-Hughes Elizabeth Deane-Hughes has been a non-practicing Attorney since the late 1990s. She is very passionate about ensuring that the nascent gas sector starts up with proper regulations and legal instruments in place. She dreams of going back to her farm and creativity when these faulty GTE pipeline EIA/EIS are withdrawn or repudiated....
Feb 17, 2022
A F. started this petition to Government of Guyana Deep-water oil/gas drilling is dangerous. Drilling offshore Guyana threatens Guyana, the Atlantic Ocean and the entire Caribbean . Guyana is one of the world’s few carbon sinks . But Exxonmobil has found 10 billion barrels of oil offshore Guyana. Burning that oil could release over 4...
Nov 10, 2021
-questions mount on govt’s decision With government still to adequately explain why it allowed auditing of over US$9B in ExxonMobil’s expenses to fall into default, Chartered Ac-countant Christopher Ram flayed its nonchalant attitude saying it could have asked Canada for help. “And if the Government was so interested in auditing those costs, it could have...
Oct 03, 2021
Kaieteur News – The unbelievably exorbitant tax giveaways in the 2016 Stabroek Block Production Sharing Agreement (PSA) have more detrimental effects on Guyana’s actual take than what meets the eye. The International Monetary Fund, the World Bank and even the Inter-American Development Bank have said for years that Guyana petroleum deal with ExxonMobil and its...
