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Daily Archives: June 27, 2018

Guyana can be game changer for Trinidad’s state-owned oil refinery

Reproduced from Trinidad Newsday newspaper Guyana and its eight oil finds can be a game changer for state-owned Petrotrin and TT, says National Gas Company (NGC) Chairman Gerry Brooks. He was speaking during a presentation at the Chamber of Industry and Commerce’s Business Outlook breakfast meeting held on Wednesday at the Chamber’s offices, Westmoorings. Brooks said Guyana’s eight finds equated ...

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No threatening levels of mercury found at GGMC – PAHO/WHO team

The Pan American Health Organisation/ World Health Organisation (PAHO/WHO) team assessing the claims of mercury exposure at GGMC has found no threatening levels of mercury at the complex. Last Saturday the WHO/PAHO team orally briefed the Ministers of Natural Resources, Raphael Trotman, and Public Health, Volda Lawrence, on their findings. “The team did say though they are not here to ...

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Public Service Credit Union settles hefty bills during period covered by now discharged temporary Court order

When the original Management Committee of the Guyana Public Service Cooperative Credit Union (GPSCUU) was granted an interim order by the High Court on June 19, 2018, a number of payments, including a multi-million dollar pay-out to a lawyer, were made from the financial organisation’s coffers. Records seen by Demerara Waves Online News show that a prominent attorney-at-law signed a ...

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Eco bullish on Orinduik Block and Total farm-in

Gil Holzman, President & Chief Executive Officer of Eco Atlantic Oil & Gas says the oil explorer is excited at the prospects of its Guyana offshore block based on recent seismic data and is confident French conglomerate Total will exercise an option to farm in to the concession. In January 2016, Eco Atlantic signed a Petroleum Agreement and is party ...

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Japan funds renewable energy projects for Guyana, CARICOM headquarters

Japan is funding a US$17 million renewable energy project in Guyana that would see an improvement of the capital’s electricity generation system and the introduction of a solar energy system at the locally-based headquarters of the Caribbean Community (CARICOM). Foreign Affairs Minister, Carl Greenidge made the announcement at the signing of the agreement for the the introduction of renewable energy. ...

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Govt takes back control of Public Service Coop Credit Union; multimillion dollar queries surface

Government’s interim management committee on Wednesday took back control of the Guyana Public Service Cooperative Credit Union, after the High Court threw out previous orders. The original management committee, which has come under wide-ranging scrutiny for the way it has been running the affairs of the financial institution, had secured an  interim order to remove the government-appointed interim management committee. ...

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