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Nalco Champion Guyana, Inc. reiterates commitment to Guyana’s oil and gas development

Nalco Champion Guyana, Inc. on Monday reinforced its commitment to Guyana and continuing with its long-term plans of establishing a product storage facility in the country.  Last week, Nalco Champion received an Interim Environmental Authorization from the EPA to begin operations at the John Fernandes Ltd. Main Terminal on Water Street. However, the interim authorization came with certain stipulations that ...

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GTT facilitates help for those in hurricane-ravaged Bahamas

The Guyana Telephone and Telegraph Company (GTT) says it is making it easy and possible to assist with hurricane relief efforts in The Bahamas. “GTT appreciates that we a part of a wider Caribbean – and that when our regional neighbors need help, we must do what we can, with what we have, to offer assistance,” said Justin Nedd, GTT’s ...

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Need for unannounced visits to oil operations – EPA Chief

The Executive Director of Guyana’s Environmental Protection Agency (EPA), Dr. Vincent Adams on Monday cited the need for unannounced visits to oil industry operations, even as American and British oil companies discovered more oil offshore the northeast coast of the South American nation. “Unfettered access to the site: There should be no prevention or stiff-arming of government employees or people ...

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ExxonMobil says interim permit for chemical warehouse was too risky

Country Manager of ExxonMobil, Rod Henson on Monday said if the United States (US)-headquartered Nalco Champion (Guyana) Inc. had decided to sign on to an interim 12-month permit to establish a chemical warehouse in Georgetown, that would have been risky for the projected start of commercial oil production early next year. “There were some conditions in which we could be shut down ...

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ExxonMobil makes 1st Tripletail-1 well discovery offshore Guyana 

The Director of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe on Monday announced that ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. This well was being drilled by the Tom Madden drillship. This discovery adds to the previously announced estimated recoverable resource of more than ...

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British oil company finds more oil offshore Guyana

The London-listed Irish explorer Tullow Oil said on Monday that it has made a second oil discovery off the coast of Guyana, after the Joe-1 exploration well successfully opened a new upper tertiary oil play in the Guyana basin. The move follows a “substantial and high value oil discovery” by Tullow Oil in its Jethro-1 exploration well, in the same area of ...

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Guyana’s environmental protection rules force out Nalco chemical warehouse possibly to Trinidad

A United States (US)-headquartered company that has been facing resistance in setting up a petrochemical bond to supply oil to ExxonMobil’s production operations offshore Guyana will be moving its operations to Trinidad, sources said. Head of Guyana’s Environmental Protection Agency (EPA), Dr. Vincent Adam’s told News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News that Nalco Champion (Guyana) Inc. last week Friday officially ...

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BREAKING: JetBlue flying to Guyana from next April

JetBlue on Tuesday announced it is again expanding its large Latin America and Caribbean network with new nonstop service between New York’s John F. Kennedy International Airport (JFK) and Guyana’s Cheddi Jagan International Airport (GEO). Flights will operate daily on JetBlue’s new A321neo aircraft beginning April 2, 2020 with seats available for purchase in the U.S. starting today. “Guyana service ...

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OPINION: Clashing Guyanese and American priorities

By GHK Lall The US Ambassador could not have been clearer in where, from the perspective of her responsibilities and country, the priority of interests focuses. Though couched in the careful and studied language favored by diplomats, there could – and should – be no mistaking the position of strength from which she spoke, and the thrusts embedded in those. ...

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Spending oil money impossible before elections – Finance Minister

Due to the failure of the opposition People’s Progressive Party (PPP) and the Private Sector Commission (PSC) to nominate representatives to sit on an oversight committee to manage Guyana’s Natural Resources Fund (NRF), also known as the Sovereign Wealth Fund, Finance Minister Winston Jordan says government will be unable to spend the monies until after general elections. He said if ...

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