With the production of 500,000 barrels a day for 300 days a year at US$40 a barrel, the annual income would be US$6 billion. The cost of production of oil varies widely, depending on whether it is onshore or offshore and if offshore, how far away and how deep. To give some idea North Sea […]

Since the victory of the APNU+AFC coalition in 2015, the colour of APNU, green, in which the President is often dressed, is being promoted everywhere. It first started with school buses and school boats. Now it is reported that school benches at some locations are being painted green. These were followed by the new, imposing, […]

There was a signing bonus. It was known but denied by several Ministers of the Government. There should be consequences but the precedent has long been established that ministerial responsibilities are not recognized and therefore consequences do not flow from their actions or omissions. Unless there is a mass upsurge, which is unlikely, this uniquely […]

General Secretary of the PPP, Home Affairs Minister Clement Rohee, declared at his press conference last week that the PPP has no problem with shared governance and the ‘winner does not take all’ principle. After all, he said, the PPP established its Civic component in pursuit of the realization of ‘winner does not take all.’ […]