Aug 07, 2022
…delaying energy transition – environmental activist Oil companies “wringing humanity dry” for massive profits Aug 07, 2022 News …delaying energy transition – environmental activist Kaieteur News – Oil companies are recording massive profits due to high oil prices stemming from the imbalance in the supply and demand chain. Stakeholders are nonetheless holding operators responsible for...
Jul 08, 2022
…Every Man, Woman and Child in Guyana Must Become Oil-Minded Part 100 By Christopher Ram Introduction By a strange coincidence, this 100th column features the 2021 financial statements of Esso Exploration and Production Limited, the designated Operator and holder of a 45% interest in the Stabroek Block under the 2016 Petroleum Agreement. Esso signed its...
Jun 28, 2022
Kaieteur News – …resulted in country getting far less Kaieteur News – The Production Sharing Agreement (PSA) has been described as lopsided and unfair by Guyanese leaders from both sides of the political divide and continued perusal of that contract illustrates numerous ways in which the country has agreed to lose money. This was also...
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...
