(Vice News, 23.Jun.2022) — Allegations of widespread and organized state corruption have always dogged the Indo-dominated People’s Progressive Party (PPP) whenever it is in government in the Caribbean Community headquarter nation of Guyana, but a damning undercover investigation by American media outfit Vice-News appears to have confirmed deeply entrenched fears […]
Tag: PPP/C
Guyana Gov’t Working on Ensuring Prosperity
(DPI, 23.Dec.2021) — December 20, 2019, marked a new, historic era for Guyana and its people. It was the day when ExxonMobil began producing light sweet crude offshore Guyana in the world-renowned Stabroek Block. Since then, not only has Guyana benefitted from billions of dollars in revenue and investment from […]
Forestry Commission To Be Fully Operational Again
(DPI, 4.Jan.2021) — Minister of Natural Resources Hon. Vickram Bharrat has said the capacity of the Guyana Forestry Commission (GFC) has been strengthened and the entity would soon be fully operational again. Under the APNU+AFC Administration, the regulatory body was plunged into economic distress, leaving a trail of uncertainty in […]
Guyana Says Getting Better Oil Deal
(Energy Analytics Institute, 10.Nov.2020) — The government of Guyana, the newest petro-state in the Latin America and Caribbean region, announced it has made strides in extracting better benefits from oil contracts signed with oil and gas companies exploring offshore including Exxon, Hess and CNOOC, and in particular starting with the […]
Guyana And Suriname To Benefit From Joining Forces
(Energy Analytics Institute, 24.Aug.2020) — Neighboring Guyana and Suriname in South America have been well off investor’s radars until recently. The countries are now regular headlines due to offshore crude oil discoveries, which hold much prospect to change fortunes for both governments and citizens alike if managed properly and by […]
Intl Team To Undertake Payara Contract Review
(Guyana Ministry of Natural Resources, 15.Aug.2020) — The Ministry of Natural Resources recently announced the review of the Esso Exploration and Production Guyana Limited’s (EEPGL) Payara contract and, in the interest of transparency and accountability, would like to highlight the following facts relating to the review. The current review has […]
Guyana Pushes Exxon For Gas-generated Electricity
(DemeraraWaves, 14.Aug.2020) — The Guyana government plans to open negotiations with United States (US) oil giant ExxonMobil to purchase natural gas to push industrialisation and provide cheap electricity to the nation as well as entrench local content requirements to ensure Guyanese are not paid lower salaries than in other countries, […]
Guyana’s President Ali Swears In 19 Ministers
(Stabroek News, 6.Aug.2020) — Nineteen ministers were added to the administration of President Irfaan Ali yesterday and among them are some veterans who have served in previous PPP/C’s administrations and also quite a few new faces. There were some notable omissions as well as surprise inclusions when the new individuals […]
Guyana Elects Mohamed Irfaan Ali President
(Energy Analytics Institute, 2.Aug.2020) — Guyana’s Election Commission (GECOM) announced 2 August 2020 that Mohamed Irfaan Ali, the leading candidate from the People’s Progressive Party/Civic (PPP/C) had won the country’s president elections which took place on 2 March 2020. Ali beat out incumbent David Granger and his A Partnership for […]
A Tale Of Two Neighbours: Guyana And Suriname
(Jamaica Observer, 26.Jul.2020) — Recent electoral events in Guyana and Suriname, which border each other on the north-eastern coast of the South American continent, display a remarkably different approach to democracy that could be the determining factor in catapulting Suriname’s development and prosperity well ahead of Guyana’s. The two countries […]
Situation In Guyana Goes From Bad To Worse
(Forbes, 18.Jul.2020) — As I wrote earlier this month, the future of the nascent oil and gas industry in the South American nation of Guyana is standing on shaky ground amid the ongoing controversy related to this year’s national elections. The situation only grew worse this week as U.S. Secretary […]
Visa Curbs On Guyanese “Undermining Democracy”
(US Treasury, 15.Jul.2020) — On 2 March 2020 the Co-Operative Republic of Guyana held national elections, but it has still not declared a winner. All international observers of the vote count agreed that the manner in which votes were tabulated departed from established procedures. They unanimously agreed that a result […]
Vote Standoff Prolongs Guyana Uncertainty
(Argus, 13.Jul.2020) — Guyana’s political stalemate is prolonging uncertainty over the future management of the South American country’s fledgling oil sector, and raising the prospect of US sanctions. The declaration of the winner of the 2 March presidential and parliamentary election has once again been delayed by a standoff between […]
Guyana Awaits New Oil Authorities
(Argus, 9.Jul.2020) — Changes are coming to the management and policy of Guyana’s fledgling oil sector, after a regional court cleared the way for declaring a victory for the opposition in a 2 March parliamentary election. In a pending declaration by the elections commission (Gecom), the People’s Progress Party (PPP) […]
Guyana Oil Find Raises Stakes In Fraud Case
(Stabroek News, 27.Jun.2020) — Allegations of mass vote fiddling in the former British colony of Guyana may lead to the country’s discredited government being ostracised unless a court hearing next week can resolve a bitter dispute over election results. The political stakes in Guyana have risen massively since May 2015 […]
The Oil Nation Aiming To Emulate Guyana’s Success
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being of its constituents. In terms of swift decision-making and efficiency, 20th century empirical data would rather tilt towards dictatorships with […]
Guyana Election Data Shows Opposition Leader Ali Wins
(Reuters, 8.Jun.2020) — Preliminary data published by Guyana’s elections commission shows that opposition candidate Irfaan Ali has won a recount of votes in March’s presidential election following accusations the tally was manipulated. President David Granger had claimed victory despite observer groups and diplomats from the United States and the European […]
Coalition Says GECOM “Put On Notice”
(GINA, 7.Jun.2020) — The APNU+AFC Coalition today again expressed concerns over the state of affairs of Guyana Elections Commission (GECOM) and cautioned that the elections body cannot use any “fraudulent” votes to declare “credible” results of the March 2, polls. With the recount process coming to an end moments ago, […]
Guyana Political Stalemate Drags On
(Argus, 15.May.2020) — Fledgling oil producer Guyana’s political stalemate is dragging on amid slow progress in a closely watched recount of votes from a disputed 2 March parliamentary election. The electoral outcome is critical to the country’s future oil policy, six months after ExxonMobil kicked off deepwater production on the […]
Guyana Poised To Become A Rich Country
(Miami Herald, 13.May.2020) — The discovery of oil off its Atlantic coast is poised to transform a largely underdeveloped Guyana from one of South America’s most polarized and poorest nations into possibly one of its richest. But an ongoing post-electoral crisis involving allegations of fraud in its high stakes March […]
Guyana’s Oil Dream: A Tale Of Smoke And Mirrors
(Jamaica Gleaner, 17.Apr.2020) — Picture soaring sky-scrapers with glistening glass windows adorning cathedrals of steel that dominate the illuminated skyline. This image encapsulates the dreams of many developing countries which seek to achieve unparalleled development, especially upon discovery of vast resource deposits. Expectations for these nations are initially high, with […]
Political Battle Could Jeopardize Oil Boom
(Oilprice.com, 6.Apr.2020) — Amidst the torrent of news on the adverse impacts of COVID-19, recent developments in Guyana stand out as something of a countercurrent. In times when the entire world seems to be bracing for an impending economic catastrophe, Guyana is paralyzed by a political impasse that not only […]
Joint Statement From Int’l Observers In Guyana
(The Carter Center, 13.Mar.2020) — The international observer missions from the Commonwealth, the European Union, and The Carter Center issue the following statement: The international election observation missions in Guyana are deeply concerned about the continued lack of transparency in the ascertainment of results for Region 4. The order of […]
Guyana Extends Search For Agent To Sell Govt’s Oil
(Reuters, 11.Mar.2020) — Guyana has extended the initial deadline in its search for an agent to market its share of oil produced by an Exxon Mobil-led consortium to March 24, the Department of Energy said on Wednesday. Guyana has no domestic refining capacity or national oil company and must sell […]
As Guyana Elections Remain Up In The Air
(News America, 8.Mar.2020) — As tension continues in Guyana one week after its general elections and a top court upheld an injunction blocking the elections commission from proclaiming a winner amid fraud accusations, a non-profit environment and rights campaign group, is accusing the World Bank of engaging in conflict of […]
Oil Bonanza Plunges Guyana Into Political Crisis
(The New York Times, 5.Mar.2020) — The discovery of an enormous oil deposit off the coast of Guyana was meant to catapult this tiny country into the top echelons of petroleum producers and put its citizens on the path to better lives. Instead, it has deepened the historical tensions shackling […]
Guyana Holds Crucial March Election
(Aljazeera, 2.Mar.2020) — Guyana’s economy is expected to be transformed by oil and gas discovered off the poor South American country’s shores. Voters in Guyana will head to the polls on Monday in a crucial election that will decide which party oversees an oil boom that is expected to transform […]