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ExxonMobil to proceed with Liza Phase 2 offshore exploration

IRVING, Texas – ExxonMobil said Friday it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals. Liza Phase 2 will produce up to 220,000 barrels of oil per day and further capitalize on the significant development potential of the Stabroek Block, where ExxonMobil estimates producing more than 750,000 barrels of oil per day ...

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Guyana Goldfields CEO to go as miner settles proxy fight with founder

Reproduced from Mining.com A bitter battle for control of Canada’s Guyana Goldfields (TSX: GUY) between the miner and dissenting shareholders led by founder and ousted chairman, Patrick Sheridan, has been finally settled this week, costing the company’s head his job. As part of the agreement, the Toronto-based miner is appointing two new independent directors to the board — Alan Pangbourne ...

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CJIA not legally bound to IATA on new security fee; airport failed to avoid travellers’ inconvenience

The Cheddi Jagan International Airport (CJIA) on Saturday said it has no legal obligation to the International Air Transport Association (IATA) to provide information about the new airport security fee. The airport authority further laid the responsibility to end the long passenger delays squarely in the hands of IATA to put in place the pay codes. “Three months have passed ...

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Two arrested for shooting death of driver-mechanic

Police on Wednesday said they arrested two suspects in connection with the gunning down of  a driver-mechanic at Kuribrong Trail, Potaro River, on Easter Monday. “Two suspects are in custody assisting with the investigation. The autopsy is scheduled for tomorrow (Wednesday),” police said. A gold miner, Elon Thomas, who the assailants believed had witnessed the shooting incident, fled from his ...

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IATA protests Guyana formula, increased airline fees

The International Air Transport Association (IATA) on Tuesday publicly protested the refusal of the management of the Cheddi Jagan International Airport (CJIA) to hold talks about the adverse impact of increased departure fees on airlines and passengers. The global air transport body says CJIA’s continued refusal to cooperate with IATA on both the proper calculation and implementation of such fees ...

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City Council seemingly tolerates vending by waste dumpsters; pickup strategy needed – PSC official

Even as the Georgetown City Council and the Private Sector Commission (PSC) grapple with the garbage disposal problem facing the commercial sector of the town, City Hall appears to be unmindful of vendors selling outside Stabroek Market alongside a foul-smelling garbage collection site which potentially threatens produce contamination and poses a health risk. This situation had been brought to the ...

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Several TV, radio stations broadcasting illegally – GNBA

The Guyana National Broadcasting Authority (GNBA) on Thursday indicated that several television and radio stations were broadcasting illegally and threatened to take legal action which could see operators being fined, imprisoned and their equipment seized. GNBA Chairman, Leslie Sobers told Demerara Waves Online News that a number of the stations have been on air without licences for years, while others ...

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ExxonMobil makes 13th oil discovery offshore Guyana

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said Thursday it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block. Yellowtail-1 is the fifth discovery in the Turbot area, which ExxonMobil expects to become a major ...

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Jagdeo says fundraising helping pay top US lobbying firm; shuts down media persistence on deal

General Secretary of the People’s Progressive Party (PPP), Bharrat Jagdeo on Wednesday defended his party’s decision to hire a United States (US) public relations lobbying firm, Mercury Public Affairs, for $34 million to make out a solid case for free and fair elections in Guyana, saying that he was not concerned at all about its blemishes. “All the PPP wants ...

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Money changer shot dead

A money changer was Tuesday morning shot dead outside Ashmin’s Store, High Street, Stabroek, Georgetown. Dead is 57-year old Prince Phillip Alleyne of 88 Grove Public Road, East Bank Demerara. Police said at about 10:35 Alleyne was shot and robbed by two men on a motorcycle both dressed in Muslim garb and armed with a handgun each. Alleyne was escorted ...

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