During the period between the passing of the vote of no confidence in the previous Government on 21 December 2018 and the swearing in of the President Irfaan Ali on 2 August 2020, we had carried a total of 40 articles on the election-rated matters, including the outcomes of the various court cases that were filed.
After a much deserved two months’ break, we resume our column today by commencing a review of the Auditor General’s report on the audit of the public accounts of Guyana for the fiscal year ended 31 December 2022.
Last week, former Nigerian oil minister, Diezani Alison-Madueke, appeared in court in London charged with receiving bribes in the form of cash, luxury goods, flights on private jets and the use of high-end properties in Britain in return for awarding billions of dollars in oil contracts.
If we are to meet the 1.5-degree limit and protect ourselves from climate extremes, climate champions, particularly in the developing world, need solidarity.
In a recent interview with the Stabroek News, outgoing United States Ambassador Sarah-Ann Lynch stated the United States government does not involve itself in negotiations on behalf of its private sector and that it acts only as a facilitator to ensure companies know what investment options are available in foreign territories.
Last Monday, the Guyana Revenue Authority (GRA) issued a media release in which it stated that it has offered no objection to the IHS Markit report that identified US$214.4 million in pre-contract recoverable costs that the Government has reasonable grounds for disputing.
Last Monday, voters in Ecuador approved of two referendums to ban oil drilling in the Yasuni nature reserve in the Amazon Basin, and mining in the Choco Andino forest outside Quito, the capital.
In the Hawaii island of Maui, at least 93 persons have died and hundreds of persons reported missing, as a result of wildfires that began last Tuesday.
Last week, Singapore’s Transport Minister, S. Iswaran, and a hotel tycoon, Ong Beng Seng, were arrested on allegations of corruption, following a probe by the Corrupt Practices Investigation Bureau.
The United States has banned former Panamanian President Juan Carlos Varela Rodriguez from entering the country because of his “involvement in significant corruption”.
For four consecutive days during last week, the Earth recorded its hottest days, with the global average temperature reaching 62.92 degrees Fahrenheit.
The Petroleum Activities Bill 2023
On 20 June 2023, the Ministry of Natural Resources released the draft Petroleum Activities Bill 2023 for public comment, with a 14-day period for doing so.
The disclosure last week of a sitting Minister of the Government and Member of Parliament (MP) accused of raping and sodomising a 16-year old girl from the indigenous community, has sent shockwaves throughout the length and breadth of Guyana and beyond its borders.
In last week’s article, we highlighted the importance of insurance coverage and/or financial guarantee for environmental damage that may be caused by the petroleum operations of ExxonMobil’s subsidiaries – Esso Exploration and Production Guyana Ltd (EEPGL), Nexen and Hess.