Sep 18, 2024
Former Finance Minister questions final cost of pipeline; -repayment terms -cost to maintain pipeline -source of funds to repay debt -who owns pipeline -whether repayments have commenced Kaieteur News – Former Minister of Finance, Winston Jordan is of the firm view that a fiasco, 10 times grander than the US$200M Skeldon project, is playing out...
Dec 28, 2023
Kaieteur News – While the PPP/C administration has expressed its intention to ensure transparency is one of the main hallmarks of the oil sector, observers say there is still much work to be done regarding disclosure of key documents. Industry experts have lamented the need for ExxonMobil Corporation’s Field Development Plans (FDPs) for its projects...
Mar 29, 2023
Dear Editor, Further to my letter of February 11, 2023, regarding our country’s lack of an independent Environmental Assessment Board (EAB), it is disappointing that rather than address the issues of conflicts of interest with government duties, you have doubled down and appointed a board with two of three members having direct conflicts of interest...
Mar 29, 2023
By Davina Bagot Kaieteur News – As Guyana joined the rest of the World in observing International Women’s Day yesterday, a group of ladies took to the streets with their placards, demanding government secure full liability coverage for ExxonMobil’s oil and gas operations offshore. Scenes from the protest outside the President’s Office yesterday The grassroots...
Mar 29, 2023
Dear Editor, In his speech at the sod turning ceremony for the construction of a new stadium at Palmyra, President Irfaan Ali said that ‘hypocrites’ is the ideal term to define Guyanese who have been critical of his government’s management of the oil and gas sector and its stewardship of the environment. The President spoke...
Mar 29, 2023
…Citizens must demand full disclosure of true interest rate, stop Govt. from approving more projects with same conditions Kaieteur News – ExxonMobil has to date invested close to US$40 billion to develop the resources discovered in the Stabroek Block and because of the lopsided oil contract it inked with the Government of Guyana in 2016,...
Mar 29, 2023
Kaieteur News – Two citizens, Elizabeth Deane-Hughes and Vanda Radzik on Monday moved to the High Court challenging a permit issued by the Environmental Protection Agency (EPA) to Esso Exploration and Production Guyana Limited (EEPGL) for the pipeline that will transport natural gas to Wales. The pipeline is a component of the Guyana Government’s Gas-to-Energy...
Mar 28, 2023
chlumberger Guyana Inc’s application for the operation of a source storage and calibration building, which includes radio-active source storage, at Houston, East Bank Deme-rara, is still being reviewed by the Environmental and Protection Agency (EPA). Schlumberger Guyana Inc told Stabroek News last week that there was no update on the application process. EPA Head Kemraj...
Mar 26, 2023
…VP Jagdeo shirking responsibility in oil sector – Chis Ram Kaieteur News – Though Guyana’s blossoming petroleum sector is in desperate need of pruning to ensure the fruits satisfy the needs of the local populace, the country’s leaders have not been hearkening to their respective roles. This much can be said, particularly about Vice President...
Mar 26, 2023
Kaieteur News – The 2016 Production Sharing Agreement (PSA) that the Guyana government inked with oil major, ExxonMobil allows the company to pay back accumulated interest on loans it took to develop the resources in the Stabroek Block, without the prior approval of the Minister in charge. This newspaper highlighted in an article published two...
