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Daily Archives: February 26, 2016

ExxonMobil spuds Guyana appraisal

(UPSTREAMONLINE.COM).-ExxonMobil has spudded its highly anticipated appraisal of the Liza oil discovery off Guyana. The US supermajor has also begun seismic work on the adjacent Canje block after completing a farm-in deal. Drillship Stena Carron has spudded the Liza-2 appraisal after sailing to ExxonMobil’s Stabroek block off Guyana from the Canary Islands, where it had been idle for more than ...

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Opposition slams tax waiver for artistes, increased income tax threshold

Steps Friday by government to legalise the eligibility of regional and international artistes for tax waivers and the hike in the income tax threshold came in for sharp criticism by the opposition People’s Progressive Party Civic (PPPC). In opening debate on amendments to the Income Tax Act, Finance Minister Winston Jordan said the law would remove discretion in granting tax ...

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Gov’t moves to tighten Re-migrant Scheme

The APNU+AFC administration has taken steps to clog certain holes that have been identified in the Re-migrant Scheme administered by the Ministry of Foreign Affairs and Guyana Revenue Authority (GRA). The Customs Amendment Bill 2016 was passed in the House on Friday with the support of the Opposition People’s Progressive Party (PPP) paving the way for a new slew of ...

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Ilegal miners, police and GGMC end standoff at Konawaruk

Police Friday managed to quell unrest by illegal gold miners at Konawaruk after police and mines officers ordered them to stop extracting the precious metal at concessions owned by Tesouro Resources. The illegal miners had cut down trees and blocked a road at Konawaruk to prevent the entry and exit of vehicles and supplies to legal operations in the area. ...

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Illegal guns could skyrocket with higher license costs – Rohee tells House

As the Parliamentary debate on the increases to firearm licenses commenced in the National Assembly on Friday, People’s Progressive Party (PPP) Members of Parliament pleaded with the government to reconsider the “draconian” increases to firearm licenses. With the amendments to the Firearm License legislation, the fee for a shotgun license is to be raised from $2000 to $5000; the cost ...

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“Luster and polish” expected as Sheila Veersammy sworn in as new PPP MP

Longstanding member of the People’s Progressive Party (PPP) and General Secretary of the Woman’s Progressive Organization (WPO) Sheila Veersammy was moments ago sworn in as the new PPP MP replacing Clive Jagan. Jagan announced his retirement recently after he had fallen ill and the PPP was mandated to select another person from its lists of Representatives to fill his vacant ...

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Felix, Scott back in Parliament

Ministers of Government and Technocrat Members of Parliament Winston Felix and Keith Scott are now clear to return to the National Assembly after the Chancellor of the Judiciary ruled in favor of the state at a hearing on Friday morning. Both Scott and Felix were banned from Parliament based on a ruling by Former Chief Justice Ian Chang. The CJ ...

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