Stay updated with breaking news from Raphael Trotman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ominously, both the US and the UK are deeply involved in Venezuela's escalating face-off with neighbouring Guyana.
Guyana has the opportunity to finally give the Stabroek Block the respect it deserves when ExxonMobil relinquishes it in 2026.Once the license expires, Guyana will be able to break the hold of the Production Sharing Agreement (PSA), widely criticized for its lopsided terms, on very valuable offshore acreage.
This month, makes eight years since Guyana is without an updated legislative and regulatory framework that is essential for the protection of the oil industry against mismanagement and corruption. One of the key regulatory architectures that remains in limbo is the Petroleum Commission Bill that would pave the way for the appointment of an independent regulator.
Following the ruling of Justice Gino Persaud on March 24, 2023, that President Mohamed Irfaan Ali violated the Constitution of the Cooperative Republic of Guyana when on June 16, 2021, he unlawfully suspended the members of the Police Service Commission, Attorney General, Mohabir Anil Nandalall, SC, MP, made a statement on the National Communications Network (NCN) where he sought to justify the unconstitutional action of the President.
A feeble, non-sensical and shabby defence of Speaker Manzoor Nadir was made (KN March 30, 2023) by a murky individual on behalf of an obscure entity called the ACG (Association of Confused Guyanese). The writer(s) state: ‘First, the allegations made by Roopnarine have no factual basis’.