CNOOC Joins the Trillion Dollar Club
Road to First Oil: Every Man, Woman and Child in Guyana Must Become Oil-Minded —…
CNOOC Joins the Trillion Dollar Club
Road to First Oil: Every Man, Woman and Child in Guyana Must Become Oil-Minded — Column 186 — May 23, 2026 CNOOC Joins the Trillion Dollar Club Part 2: Hess in context — and CNOOC joins the party Introduction Last week’s column closed on a single fact: Hess Guyana’s accumulated surplus at 31 December 2025…
Beyond Stratospheric – 2025 Returns for Hess
Road to First Oil: Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 185 – May 16, 2026 Beyond Stratospheric – 2025 Returns for Hess Introduction Hess Guyana Exploration Limited – a branch of Hess Guyana Exploration Ltd., a Cayman Islands-incorporated company and 30% stakeholder in the Stabroek Block – is once…
Disagree with Appeal Court devastating overturn of crucial oil spill Parent Co Guarantee
While looking ahead to a likely appeal to the Caribbean Court of Justice, Guyanese and Caribbean citizens must be worried sick about the Appeal Court’s devastating overturn of Justice Sandil Kissoon’s May 3, 2023 sage landmark Decision requiring Stabroek Block operator, ExxonMobil (Exxon) Guyana Limited (EMGL) to provide a Parent Company Guarantee (PCG) from its…
Pres. Ali ‘hijacked’ the term “energy balance”
I am an energy technologist who has conducted energy audits and surveys. The term ‘energy balance’ used to be reserved for applications of the 1st law of thermodynamics (also known as the law of conservation of energy). I succeed as an energy auditor when I reconcile the amount of energy supplied with the amount of energy used…
Independence, Sovereignty and Exxon
The Road to First oil: Every Man, Woman and Child Must Become Oil-minded – Column 184 May 9, 2026 Independence, Sovereignty and Exxon One day after the nationalisation of the bauxite industry, then President Forbes Burnham observed that Independence gave Guyana a new flag and wardrobe, but “not a new economy.” Fifteen years later, during…
End the Tax and Oil Profit Giveaway
In keeping with the 2016 PSA, Article 15.4, the published reports by the consortium (EMGL, Chevron and CNOOC) for the period 2020 to 2024 show that Guyana paid from its oil receipts US$5.2 billion in taxes for the consortium (KN https://kaieteurnewsonline.com/2026/04/26/oggn-writes-berkshire-hathaway-inc-on-chevrons-guyana-operations/). Published reports also show that for the period 2020 to 2024, Guyana only received US$6.3…
Dutch Disease Avoided. The Resource Curse Has Arrived.
Road to First Oil: Every Man, Woman and Child Must become Oil Minded – May 2, 2026 Column 183: Dutch Disease Avoided. The Resource Curse Has Arrived. The Thirteenth Parliament of Guyana, elected on 1st September 2025, has held three business sessions in eight months. And that figure is generous. It includes the Budget and…
Open letter to EIA /Acorn International (Consultants) re experience at the EIA meeting at the Umana Yana on Tuesday 28th April, 2026 pursuant to launch of Longtail Project
30th April, 2026 The Management Acorn International Dear Acorn, Re: Open letter to EIA /Acorn International (Consultants) re experience at the EIA meeting at the Umana Yana on Tuesday 28th April, 2026 pursuant to launch of Longtail Project I wish to thank the organizers for inviting me and helping to satisfy the legal requirements which…
