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Daily Archives: March 6, 2018

ExxonMobil signals reluctance to renegotiate contract with Guyana; rules out skullduggery in operations

ExxonMobil on Tuesday assured that there would no skulduggery to inflate expenses or steal Guyana’s oil and at the same time appeared reluctant to renegotiate its controversial Production Sharing Agreement with Guyana although larger quantities of oil are being found in the Stabroek Block. In response to a question at Private Sector Commission-organised seminar on Guyana’s oil and gas sector, ...

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Brooklyn DA announces Project Brooklyn CLEAR to offer treatment for individuals arrested with small amount of narcotics

Brooklyn District Attorney Eric Gonzalez, together with New York City Police Commissioner James P. O’Neil and New York City Council Speaker Corey Johnson, Tuesday announced the launch of a pre-arraignment diversion program to assist individuals who suffer from drug dependency and misuse. Under Project CLEAR (Collaborative Legal Engagement Assistance Response), individuals arrested for misdemeanor possession of a controlled substance will ...

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ExxonMobil’s contract will yield more royalties than gold annually

In the face of persistent criticisms of the Guyana-ExxonMobil agreement, Business Minister Dominic Gaskin on Tuesday railed against critics who see the deal as “chicken feed”, instead saying that it would yearly earn the country more than gold. Addressing the opening of a Private Sector Commission- organised seminar under the theme “Oil and Gas in Guyana: Perspectives in Guyana”, Gaskin ...

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500 Guyanese to be employed when construction of manganese plant begins in July

Guyana Manganese Incorporated (GMI) plans to employ more than 500 Guyanese in the construction of its manganese operations in Matthew’s Ridge, a senior company official. Steven Ma, Assistant General Manager of Bosai’s Overseas Department said construction is set to begin in July and  550 locals from the region and across Guyana would be employed during that phase as well as ...

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