US$18M bonus was paid for 10-yr extension

first_img– according to Exxon’s country managerIn the wake of the Government finally releasing the contract it renegotiated with ExxonMobil, the oil giant has clarified that the US$18 million bonus it paid to the Government was meant to secure a 10-year extension of the renegotiated contract.Senior Director of Exxon’s Public and Government Affairs, Kimberly Brasington, and ExxonMobil Country Manager Rod Henson at the press briefing on ThursdayExxonMobil Country Manager Rod Henson made this assertion when addressing the media at a press conference on the same day that the contract was released.“The bonus was agreed to, not to gain access to the Stabroek Block, because we had that, but it was to gain this extension,” he told the gathering, which included President David Granger and other cabinet ministers and members of civil society.The bonus first came to light in a leaked correspondence dated September 20, 2016 and addressed to the Governor of the Bank of Guyana with this subject: “Signing bonus granted by ExxonMobil – Request to open bank account”.It shows that Finance Secretary at the Finance Ministry, Hector Butts, had requested that a foreign currency account be opened at the Bank of Guyana in order to receive a deposit in the form of a ‘signing bonus’ to be given by ExxonMobil.The letter stated, “This account should not be treated as part of the Bank’s reserves. Instead, the proceeds should be held in the currency of the deposit, that is United States dollars, and invested in secured interest-bearing securities.”Amidst criticism, Government officials have defended the secrecy by saying the money would be used to pay legal fees in defence of Guyana’s sovereignty, should its case with Venezuela reach the International Court of Justice (ICJ).Fair dealAt a separate press conference later on Thursday, Henson was asked whether the contract was a fair one. He defended the generous terms of the contract while assuring the country it would not take advantage of these terms.The official emphasized that the agreement was a globally competitive one, and warned against setting expectations for Guyana too high; that is, comparing what the country gets to what other, more mature oil producing countries receive.“Absolutely! …it’s a fair deal. I think we’ve been treated fairly, and I think we have treated Guyana fairly. Yes, we had discovered the Liza Field. But we have not fully appraised (it). That was only one field, without proven production. And yes, we have the Skipjack dry hole, in addition to other companies that had unsuccessful exploration attempts.“So I think it’s unreasonable to compare this agreement with other, more mature oil producers like Brazil or countries in West Africa, Canada or the United States. It’s even more so (unreasonable) to cherry pick single elements of the agreement and do so.”Henson noted that it is a common feature in the oil industry to incentivize its oil sector to encourage investment as well as to transfer revenue potential from taxes to profit-sharing. He also urged observers to look at the entirety of the agreement and the conditions at the time it was negotiated. He noted that the 2016 agreement was based on a 2012 model, in turn based on a 1999 contract.“The 2016 agreement that is being released today is based on the 2012 model agreement the Government had. It’s basically the same agreement with limited (changes). It secured a range of additional benefits for Guyana, for work commitments, training, local content, and increased fees and payments.“If we assume IMF’s crude price forecast, which starts at US$50 a barrel, and we assume the production forecast we have for Liza phase 1, Guyana can have between $1.5billion and $2 billion over the first five years of the project. And over the life of Liza Phase 1 only, Guyana can receive over US$7 billion,” he said.last_img read more

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Site-C Meetings Update

first_imgBC Hydro is inviting northeast BC communities, stakeholders and the public to participate, in more Site-C Dam, Project Definition Consultation meetings this month.The next one is scheduled to run from 6 to 9pm tonight at the North Peace Cultural Center and, there will be two more this week.One is scheduled from 6 to 9pm tomorrow night at the Taylor Community Hall and, another on Saturday from 10am to 1pm at the Hudson’s Hope Community Hall.- Advertisement -This is the first round of Project Definition Consultation and there are nine meetings set, for the next three weeks, stretching from Mackenzie to Fort Nelson.For more information you can call this toll free number 877-217-07-77.last_img read more

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Mathare break Gor Mahia’s 100pc record

first_img0Shares0000Gor Mahia defender Joash Onyango heads the ball away from Mathare United’s Clifford Alwanga during their Kenyan Premier League clash at the Kenyatta Stadium in Machakos on November 6, 2019. PHOTO/Timothy OlobuluMACHAKOS, Kenya, Nov 6 – Daniel Otieno stepped off the bench to glance in a header with three minutes left as Mathare United broke Gor Mahia’s perfect start to the season with a slim 1-0 victory at the Kenyatta Stadium in Machakos on Wednesday.The game seemingly was headed for a 0-0 draw after a wasteful afternoon by both sides, but off a Kevin Kimani corner, the substitute rose highest inside the box to plant a header beyond keeper David Mapigano to hand Mathare victory. With the Mashemeji Derby in sight on Sunday, Gor head coach Steve Polack had made some changes to his squad. Fullbacks Wellington Ochieng and Geoffrey Ochieng were both rested with youngster Lloyd Khavuchi handed his debut on the left while Joachim Oluoch played on the right.Tobias Otieno was also rested in midfield and in his place, Ernest Wendo earned a starting role. Clifton Miheso and Francis Afriyie also earned starting slots with Nicholas Kipkurui and Gnamin Yikpe rested.Gor were sluggish and took a lot of time to settle in the game. But ultimately when they did so, they came close with Ghanaian Afriyie having three chances to break the deadlock in the final five minutes of the game.In the 41st minute, he picked up the ball on the right but his shot went wide. Minutes later, he had the ball in similar territory, but his rasping effort after the Mathare backline failed to clear their lines hit the side netting.Gor Mahia defender Joachim Oluoch piles pressure on Mathare United’s John Mwangi during their Kenyan Premier League clash at the Kenyatta Stadium in Machakos on November 6, 2019. PHOTO/Timothy OlobuluTwo minutes later, he had an effort cleared off the line by David Owino after he took the second bite on the cherry with a shot from the left when his initial attempt was blocked by a combination of keeper Job Ochieng and defender Andrew Juma.Surprisingly, left back Owino had Mathare’s closest chances in the opening half and the slum boys will only blame themselves for failing to have the ball in the net.On the half hour mark, Owino was denied by a brilliant one handed save by Mapigano when Chris Oduor’s cut back found him placed on the edge of the six yard box.Three minutes earlier, he had another great chance when his low effort from inside the area after Mapigano had punched a cross his way went inches wide off target.Salim Ali’s men had an even greater chance in the 11th minute.Gor keeper Mapigano was down on his bum after failing to convincingly clear away a cross and the ball fell brilliantly on Oduor’s feet. He however could not hit the target with his attempted chip arrowing straight to Joachim Oluoch’s head.Gor Mahia defender Joash Onayngo piles pressure on Mathare United’s John Mwangi during their Kenyan Premier League clash at the Kenyatta Stadium in Machakos on November 6, 2019. PHOTO/Timothy OlobuluAfriyie continued his goal poaching in the second half and on the hour mark had a glorious opportunity when picked out by a Kenneth Muguna cross from the right but his touch was just over.Mathare thought they had broken the deadlock in the 66th minute when James Kinyanjui headed in but the first assistant referee’s flag was up for offside on David Owino who had swung in the cross from the left.On the other end, Miheso had a chance to score when an onrushing Andrew Juma missed his tackle. However, the winger’s effort at chipping the ball over the advancing keeper lazily was awry as it flew straight into the custodian’s arms.It was Mathare who would take the game to Gor in the final five minutes and the pressure bore fruit with three minutes left off Otieno’s header.0Shares0000(Visited 116 times, 1 visits today)last_img read more

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IRISH DANCE TEACHER ORDERED TO PAY €400,000 TO SEX ABUSE VICTIM

first_imgA woman who was sexually abused by her Irish dancing teacher has been awarded €400,000 by the High Court today.The woman, who is now 41, had taken a civil action against the man over the abuse, which happened over seven years between 1982 and 1989 when she was between 12 and 19 years old.The man denied all the allegations and his lawyers tried to stop her taking the case because of the delay in bringing proceedings. However, the High Court judge found that she should not be prevented from taking the action.He ruled she had suffered a severe psychological injury as a result of the abuse, which had affected her ability to take the case.The court had heard that she is suffering from severe post traumatic stress disorder.It is believed to be the first time this issue has ever been fought and decided in court.In making the award, the judge said it was difficult to overstate the profound and lasting effects of prolonged sexual abuse on a person whose childhood was blighted by this conduct.Neither the man nor the woman can be named until further submissions are made in court on Friday.The man was charged with 24 counts of indecent assault but two trials ended with the jury being unable to agree a verdict.After the second trial, the State decided not to pursue the prosecution any further.Mr Justice Sean Ryan ruled the woman had established on the balance of probabilities that the man had carried out acts of sexual abuse against her.He said her evidence was coherent, consistent, and credible and her account was detailed and candid. He ruled that the man’s evidence was inconsistent and unconvincing.The judge said the man’s proposition that she had concocted the case to get back at the man for spurning her advances was wholly unconvincing and did not accord with logic or with her behaviour.The court heard that what had led to her taking the action against the teacher was the realisation that other girls might be at risk.Two other former dancing students of the man gave evidence on the woman’s behalf. One said that he would hug and kiss students when they went up to give him money after the class.This made them so uncomfortable that they made an arrangement to take turns so that only one girl would have to go up each week and they would give all the money to her. She also outlined a number of other incidents.The second student described how the man had stopped his car in a lay-by when she was alone with him and had tried to kiss her.She also described another incident in which he put his hands on her and said she changed dancing school after that.IRISH DANCE TEACHER ORDERED TO PAY €400,000 TO SEX ABUSE VICTIM was last modified: July 6th, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

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BOY DIES IN TRAGIC DONEGAL FARM ACCIDENT

first_imgAn 11-year-old boy has died after a tragic farming accident in Co Donegal today.The child was killed in the accident involving a tractor near Glenvar, Kerrykeel.The boy is believed to be from the Churchill area. It is believed he was on his uncle’s farm when the accident happened.Gardai and accident investigators are at the scene.“The family are obviously devastated,” said one local man today, “exactly what happened is unclear at this stage.”The boy was hugely popular in the area and his family is very well known. The local man added: “The accident happened around lunchtime and ambulances were called but the wee boy didn’t survive.“There is just widespread shock.“People are just gutted that this has happened here.”A Garda spokesman said the child was alive when he was pulled from under the vehicle.“The boy was freed then removed to Letterkenny Hospital where he died a short while later,” said the spokesman. The area has been sealed off and the Health and Safety Authority says it is investigating the incident.BOY DIES IN TRAGIC DONEGAL FARM ACCIDENT was last modified: July 15th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:BOY DIES IN TRAGIC DONEGAL FARM ACCIDENTlast_img read more

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Bush insists his agenda still on track

first_img White House officials are quietly anxious about the outcome of events over which they have little control. It’s an uncomfortable position for an administration that likes to steer the agenda and has a reputation for protecting its secrets. Now, administration officials are asking reporters what they’re hearing. The most immediate problem is the investigation by Special Prosecutor Patrick Fitzgerald to determine whether there was a concerted administration effort to illegally divulge Valerie Plame’s CIA identity because her husband publicly questioned Bush on the Iraq war. The central figures in the investigation are White House deputy chief of staff Karl Rove and I. Lewis “Scooter” Libby, chief of staff to Vice President Dick Cheney. Both Rove and Libby talked to reporters before Plame was unmasked. “We don’t know what all the facts are,” said White House press secretary Scott McClellan. “All of us would like to know what they are and get to the bottom of this.” While Bush asserted that his agenda was moving ahead, his most ambitious domestic proposals on Social Security and taxes already have been shelved. GOP congressional leaders huddled with the president this week on a legislative agenda that had been pared to only the must-do items of the federal budget, Katrina recovery, Patriot Act renewal and the Harriet Miers nomination. The conclusion of Fitzgerald’s two-year investigation, expected within days, bears down on the White House amid other troubles. WASHINGTON – President George W. Bush, jarred by investigations of White House officials and congressional leaders and an uproar over his Supreme Court nomination, said Thursday there was “some background noise here, a lot of chatter” complicating the work of his administration. But he said, “The American people expect me to do my job, and I’m going to.” Bush’s comments, at a Rose Garden news conference with Palestinian leader Mahmoud Abbas, reflected the administration’s argument that its agenda is moving forward despite a growing list of problems. The president promised to remain focused on seeking peace in the Mideast, invigorating the economy, rebuilding the hurricane-shattered Gulf Coast and protecting it from the new storm approaching this weekend. At the same time, he said, “There’s some background noise here, a lot of chatter, a lot of speculation and opining.” Bush’s pick of Miers, the White House counsel, for the Supreme Court disappointed many of his longtime conservative allies and puzzled some Republicans in Congress. Also, the White House is still reeling from criticism of its slow reaction to the misery caused by Hurricane Katrina in New Orleans. Further complicating Bush’s plans are investigations of former House Majority Leader Tom DeLay, R-Texas, on conspiracy and money-laundering charges in Texas, and Senate Majority Leader Bill Frist for stock transactions. Weary of the CIA investigation and the uncertainty it has brought, presidential aides say they just wish it would end. Officials say they don’t talk about the investigation or its outcome at meetings because they don’t want to give the appearance of colluding against Fitzgerald. They acknowledge there is an expectation that if any White House official is indicted, he will resign. Indeed, officials have been speculating about who would move in to replace Rove or Libby if they were forced out. The consulting firm jointly headed by one possible Rove replacement, GOP strategist Ed Gillespie, has begun considering how Gillespie’s clients might be reassigned if he were tapped for a White House assignment and how to handle the other ramifications of a White House move. Others close to the White House defend it as a place filled with professionals who are getting on with the business of governing amid the distractions. Veteran Republican strategist Charles Black said Rove has taken some time away to prepare for grand jury testimony but otherwise has been as engaged as ever on issues ranging from spending cuts to Miers. “I haven’t noticed, for the most part, anything unusual going on,” Black said. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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Eureka wins 4th straight Lakin in extras

first_imgAfter a back-and-forth contest which needed a pair of extra innings to be resolved, the Eureka High baseball team earned its fourth-straight Charles Lakin Tournament championship, beating McKinleyville 6-4 Friday night at the Arcata Ball Park.David Vagle gave Eureka a 6-4 lead in the top of the ninth inning — a lead which it would hold on to for the win — after sending a deep shot into left field which dropped, giving enough time for Drew Nylander to score the lead-taking run. McKinleyville …last_img read more

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Akali-BJP MLAs demand farm loan waiver in House

first_imgLegislators of Shiromani Akali Dal and the BJP on Wednesday wore black gowns to the Punjab Assembly with slogans demanding farm loan waiver pasted on their outfits.MLAs of both the parties raised slogans inside the House demanding that the Congress government implement complete loan waiver for farmers. Soon after the question hour, SAD-BJP MLAs stormed the Well of the House and continued shouting slogans in support of their demand even after repeated requests by Speaker K.P. Rana to take their seats. The House was adjourned for thirty minutes.Later, Chief Minister Amarinder Singh said that the government will table all reports of the various commissions set up by it in the Assembly. Capt. Singh told reporters that while the report of the Narang Commission – set up to probe illegal sand mining – was ready to be presented in the House during the current budget session, the reports of the Justice (retd.) Ranjit Singh Commission constituted to investigate the sacrilege cases and Justice (retd.) Mehtab Singh Commission probing false cases registered during the SAD-BJP regime would be tabled in the Assembly once they are finalised. He also announced waiver of the State government’s 50% share in the GST on the langar (community kitchen) at the Darbar Sahib (Golden Temple) in Amritsar. A similar waiver was also announced on langar/prasad for Durgiana Mandir and Valmiki Tirath Sthal. The Chief Minister attacked the SAD and BJP for not opposing the imposition of GST before the GST Council. Pointing out that this was not the first time the subject came up for discussion in the House, he said, “It is obvious that the SAD is only trying to gain political mileage from the issue as it is not doing anything to force the BJP-led government at the Centre to waive off the GST on langar.”last_img read more

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Sania Mirza-Elena Vesnina lose French Open women’s doubles final

first_imgSania Mirza missed out on winning her second Grand Slam title as she and her partner Elena Vesnina lost the French Open women’s doubles final to unseeded Czech pair of Andrea Hlavackova and Lucie Hradecka in Paris on Friday.Unforced errors cost the seventh seed Indo-Russian pair dearly as they lost the summit clash 4-6 3-6 in one hour and 21 minutes at Court Suzanne Lenglen here.It was a good opportunity for Sania to add a women’s doubles title to her already Australian Open mixed doubles trophy, which she won along with compatriot Mahesh Bhupathi in 2009 but it turned to be an off day for the Indian and her partner Vesnina.Nevertheless, Sania did create a history of sorts by becoming first Indian female tennis player to reach the women’s doubles final.Vesnina struggled with her first serve throughout and Sania’s feeble shots at the net only helped the cause of the Czech pair.Even the Czech players, especially Andrea, struggled with the first serve in windy conditions but the Indo-Russian pair committed more unforced errors.A strong show by Lucie turned out to be the real difference between the two teams as she did not drop her serve even once and had good control over her strokes.Sania prevented a first set rout when she held serve in the seventh game when they were down 1-5. They made it 4-5 after breaking Andrea in the eighth game, raising hopes of a comeback.But Lucie served out the first set in the 10th game when the Russian hit a backhand long on the second set point.advertisementLucie had committed a double fault on first set point but an unforced error by Sania gave the opponents a second chance which they converted thanks to Elena’s long backhand.The second set too started badly for Sania and Elena as the Russian dropped her serve to hand a mini lead and then she could not held her serve even once.Sania raised her game in the second set and created opportunities but Elena had a poor day.They had a chance to turn the tables when they broke Andrea in the fourth game and had two breakpoints against the same player in the eighth game to make it 4-4 but Lucie yet again played well and denied the rivals a comeback.Lucie hit a volley winner to win the match on second match point.Elena and Sania split euro 165000 as prize money while the winners took home euro 330,000.- With PTI inputslast_img read more

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3rd Test: James Anderson takes 100th wicket vs India with last ball of Day 1

first_imgJames Anderson bowled 22 overs on Day 1 of the third Test against India at Trent Bridge and was rewarded with his last ball of the day when he dismissed Hardik Pandya to take his 100th wicket against India.Anderson, placed second, is now just five wickets away from equalling Sri Lanka legend Muttiah Muralitharan’s record of the most wickets by a bowler against India in Test cricket.Anderson now has more than 100 wickets against two nations, with Australia (104 wickets) being the first.Our aim was to put England bowlers under pressure: Ajinkya RahaneAnderson, the No. 1 Test bowler, also recently became the first Englishman since Ian Botham in 1980 to breach the 900-point mark in the ICC Test Player Rankings.Anderson, who ripped through the Indian batting line-up at the Edgbaston and Lord’s Tests, became the seventh England bowler to achieve the landmark after Sydney Barnes (932), George Lohmann (931), Tony Lock (912), Ian Botham (911), Derek Underwood (907) and Alec Bedser (903).India vs England, 3rd Test: Kohli, Rahane highlight strong Day 1 for IndiaAnderson in the last match at Lord’s, also became the first bowler to claim 100 Test wickets at the iconic venue.With England 2-0 ahead in the five-match series, Joe Root decided to launch another assault on India’s brittle top order after winning the toss.Also read – Rishabh Pant creates history on Test debut at Trent BridgeAt the start of the day, the wicket and conditions were conducive for some swing bowling – through the air and off the seam. But, as the day progressed, conditions became much better to bat on.advertisementAnderson and Stuart Broad bowled a tad short and the ball didn’t swing much in the first hour of play as India were well placed at 43-0. But then Chris Woakes struck with three wickets in the morning session to reduce the tourists to 82-3.India vs England 3rd Test Day 1 at Trent Bridge: As it happenedKohli, who has shone amid his side’s batting ruins, once again dug deep and ably assisted by Ajinkya Rahane in a superb 159-run fourth-wicket partnership, to bailed out India from another perilous situation.The pair batted throughout the afternoon session when the ball stopped jagging around, compiling by far India’s best partnership of the series until Rahane was snapped up after tea for 81 by Stuart Broad, courtesy of Alastair Cook’s outstanding left-handed slip catch.Kohli, having compiled his 18th Test fifty, carried on confidently and looked set for his 23rd Test hundred, and second of the series, until he was tempted to drive at a rare Rashid turner which Ben Stokes gobbled up at slip. The Indian captain went back to the dressing room on 97 after having faced 152 deliveries.India put up 307/6 at stumps, their first score over 300 in this Test series, with Rishabh Pant batting on 22. It is also India’s third-highest score outside Asia after being asked to bat.last_img read more

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