Oct 02, 2022
…‘Article 13’ cites Clyde & Co report findings Kaieteur News – “The fact that since 2016 the volume of oil being borne out of the same agreement that envisaged a fraction of what is expected production is itself a call for renegotiation. If only the Government cared more about Guyana than its retention of power,”...
Oct 02, 2022
“Simply put, sanctity of contract means, an agreement made freely, knowingly, put fairly by competent parties, must be kept” By Kiana Wilburg Kaieteur News – Though the 2016 Stabroek Block Production Sharing Agreement (PSA) has been heavily criticized for having a gross number of fiscal weaknesses, the PPP/C administration has maintained that no renegotiation will...
Sep 26, 2022
Kaieteur News – With very little representation of oil and gas workers in the sector, labour rights stakeholders continue to highlight the woes of local employees, with specific reference now being made toward petroleum staffers being placed on contracts, and how employers are able to circumvent their responsibility them. In an invited comment the Guyana...
Sep 22, 2022
Kaieteur News – Almost two weeks after American oil major, ExxonMobil reported a ‘one barrel’ spill at the Liza Two operation in the Stabroek Block, the Environmental Protection Agency (EPA) has not come out to tell the nation whether its investigation has confirmed the minor spillage as reported by the company. To this end, the...
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 23, 2022
For many Global South activists and communities, whose realities are already plagued by climate variability and change, the pledges and actions agreed upon at COP26 were too late, inadequate, and exclusive. Depending on who you ask, the United Nations Framework Convention on Climate Change (UNFCCC) COP26 climate conference which took place in Glasgow, Scotland in...
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...
