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Security guard allegedly points cocked gun at Minister Broomes during parking lot brawl

The Guyana Police Force was Monday continuing to probe an alleged brawl between Junior Minister of Natural Resources, Simona Broomes and two security guards that led to one of the security guards allegedly  cocking his gun and pointing it at her, police sources said. Investigators are expected to review surveillance video footage captured by cameras at the Massey Supermarket Parking ...

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North West District hydro-power station to satisfy 8 percent electricity demand at cheaper rates

The construction of a 20 kilowatt hydro-power station at Hosororo, North West District (NWD) is scheduled to begin next month and, when completed,  will produce electricity at 21 United States cents per kilowatt hour (kWh), 29 cents less than diesel-generated power, the Guyana Energy Agency (GEA) said Saturday. Construction is expected to finish by April, 2019. Chief Executive Officer of ...

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ExxonMobil not funding political parties; Country Manager withdraws “hogwash” comment

ExxonMobil’s Guyana Country Manager, Rod Henson on Friday declared that his company was not funding local political parties, and he was asked to withdraw description of a line of questioning by an opposition representative as “hogwash”. Appearing before a bi-partisan parliamentary committee on Natural Resources, Henson was asked by opposition member Pauline Sukhai whether the United States (US) oil giant ...

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Proposed increases in teachers’ salaries, allowances trigger govt headache

Hefty salary increases and other benefits that have been recommended by a High-Level Task Force that examined demands by the Guyana Teachers Union (GTU) have triggered renewed warnings against unrealistic expectations from an oil economy, Finance Ministry sources said. The draft report, which has been already dispatched to President David Granger and is expected to be considered by the Cabinet, ...

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Conservation International says “absolute independence” guaranteed in US$10 M deal with ExxonMobil

The United States-headquartered environmental organisation, Conservation International (CI), on Friday assured that although it took a US$10 million grant from ExxonMobil Foundation for capacity building in oil-rich Guyana, its independence was still intact. “As a science-based organization in a unique position to help Guyana achieve its green development goals, Conservation International determined that this effort will achieve its goals while ...

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Conflict of interest concerns about Conservation International- ExxonMobil US$10 million deal

Guyana’s parliamentary committee on natural resources committee on Friday heard accusations conflict of interest being levelled against Conservation International because it  has taken funds from ExxonMobil, a charge that was flatly rejected by the oil company. Committee Chairman, Odinga Lumumba said he was very disturbed that the United States (US)-based environmental watchdog was engaged in a conflict of interest deal ...

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ExxonMobil yet to decide on constructing gas pipeline

ExxonMobil is yet to decide on whether it would construct and manage a gas pipeline to bring natural gas ashore for Guyana Power and Light to generate electricity at a lower cost, even as the company reiterated that it is better to re-inject all of the gas to extract more oil. Country Manager for ExxonMobil, Rod Henson said there were ...

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Special Purpose Unit scolds Jagdeo on GY$30 billion bond for Guysuco; investors to inspect estates next month

The Special Purpose Unit (SPU) of the National Industrial and Commercial Investments Limited (NICIL) on Thursday lashed out at Bharrat Jagdeo, saying that as a former President and former Finance Minister he should know that the GY$30 billion bond for the sugar industry at 4.75 percent interest rate was a good deal. The SPU further dismissed Jagdeo’s criticisms that the ...

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Norway’s payments to fund solar farms in Guyana ; Jagdeo raises questions

Norway’s outstanding US$80 million payments to Guyana for the preservation of standing forests will be used to fund the purchase of solar farms to supply 100 megawatts to the national grid, State Minister Joseph Harmon said Thursday. He said the decision was reached in talks himself, Minister of Public Infrastructure David Patterson, Minister of  aural Resources Raphael Trotman and Laura ...

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