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...
Mar 25, 2023
Kaieteur News – Fears over the lack of full protection in the form of adequate insurance, should there be an oil spill in Guyana’s Exclusive Economic Zone (EEZ) is being raised again, since in the proposed draft Production Sharing Agreement (PSA) governing the new oil blocks, it exposes Guyana to significant financial risks. The issue...
Mar 20, 2023
Kaieteur News – With only one day left before the Environmental Assessment Board (EAB) hosts a special hearing into the appeals made by citizens, regarding a decision made by the Environmental Protection Agency (EPA) to exempt a 300 megawatt gas-fired power plant from a detailed impact assessment, Environment and Democracy advocate, Simone Mangal-Joly has appealed...
Mar 17, 2023
Kaieteur News – According to the draft Production Sharing Agreement (PSA) released on Tuesday for deep water and shallow water blocks, the People’s Progressive Party Civic (PPPC) Government is proposing to implement a suite of international guidelines that oil companies must follow when preparing Field Development Plans. These plans outline the steps a company will...
Mar 17, 2023
– says two weeks for public input inadequate Kaieteur News – The draft document of the new model Production Sharing Agreement (PSA) that was released on Tuesday should be subject to the necessary parliamentary processes which will allow for Guyanese to have an adequate review of the contract that will govern future oil deals. This...
Mar 14, 2023
Dear Editor, S.11 (5) of Guyana’s Environmental Protection Act declares that every environmental impact assessment shall contain the following information: – (b) an outline of the main alternatives studied by the developer and an indication of the main reasons for his choice, taking into account the environmental factors. One therefore expects to find studies of...