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Daily Archives: April 27, 2018

GuySuco’s Board of Directors must be “competent in sugar”- Harmon; NICIL is not responsible for GuySuco, says Holder

Minister of Agriculture, Noel Holder said the National Industrial and Commercial Investments Limited (NICIL)- the holding company for government’s assets- might not have been properly advised about who is responsible for naming a board for the Guyana Sugar Corporation. “Perhaps, someone didn’t tell NICIL their role,” he said. That Board, under the Chairmanship of Head of NICIL’s Special Purpose Unit ...

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GDF purchasing aircraft

Four fixed wing aircraft, including Skyvans that are no longer manufactured are being purchased for the Guyana Defence Force (GDF) to move troops and assist in search and rescue, Minister of State Joseph Harmon said Friday. “I don’t believe that they are making new Skyvans these days and they are very good factory-tested quality aircraft,” he told a post-cabinet news ...

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Latest ExxonMobil exploration well offshore Guyana virtually dry

United States (US) oil giant, ExxonMobil, on Friday announced that its latest exploration well offshore Guyana has not yielded oil in commercial quantities- the second out of a total of eight wells drilled at the Stabroek Block so far. The announcement was made by ExxonMobil’s Vice President and Secretary, Jeff Woodbury during its first quarter 2018 earnings call. “The Soribrum ...

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Suspected gun-toting serial robbers arrested

Two suspected serial robbers were Thursday night arrested after allegedly robbing a cyclist at Belfield, East Coast Demerara. East Demerara Divisional Commander, Senior Superintendent Edmond Cooper told Demerara Waves Online News that immediately after the man reported that he was robbed of a gold ring and a gold chain, police patrols were alerted. Cooper said the suspects were intercepted at ...

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