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Business

BREAKING: Parika Market on fire

Fire was Friday afternoon destroying stalls at Parika Market near the stelling, according to eyewitnesses. The many wooden stalls were being engulfed by flames. The cause of the fire was not immediately known. Stallholders usually sell fruits, vegetables, electronic items, clothing and other items. The Guyana Telephone and Telegraph and the Guyana Post Office Corporation are located nearby the market.

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PPP, APNU+AFC aware of ExxonMobil’s new headquarters deal- Routledge

Even as the National Assembly awaits replies from Natural Minister Vickram Bharrat to an opposition coalition question in the National Assembly about who would be paying for ExxonMobil’s just under US$160 million new headquarters at Ogle and how spending on the project is being monitored, a top company official on Thursday said both major political parties were aware of the ...

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Gas to energy project awaits review with govt- ExxonMobil

ExxonMobil is awaiting the outcome of a review of the multi-million United States (US) dollar gas-to-energy project before making its Final Investment Decision (FID), though preliminary works have started along the route of the pipeline in the West Bank Demerara, a senior official said Thursday. “We are in review process with the Ministry of Natural Resources currently on the Field ...

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Trio charged with laundering GY$4.1 billion after undercover probe

The Guyana Police Force said its Special Organised Crime Unit (SOCU), on Wednesday laid 268 charges of Money Laundering and conspiracy to launder over $4.1B against a Herstelling, East Bank Demerara family after close to three years of investigation. Charged are Kenneth Kellawan Ramnarine, a taxi driver, Damian Brandon Ramnarine, a salesman and Yevette Nalini Saroop, a businesswoman, all of ...

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Schlumberger applies for new permit to store radioactive materials underground near Demerara River

The United States-headquartered oil well drilling support company, Schlumberger (SLB), has applied for a fresh permit to store radioactive material in pits near the Demerara River, but representatives of the company on Tuesday ran into a firestorm of criticism at a public consultation. Schlumberger’s Legal Counsel, Kyle Prescod told reporters after the consultation that after the application to the Environmental ...

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Opposition demands information on gas to shore project

The opposition People’s National Congress Reform (PNCR)-led coalition of A Partnership for National Unity+Alliance For Change (APNU+AFC) wants government to prove that monies being allocated to the gas-to-energy project are properly spent. In a motion sponsored by coalition parliamentarian Ganesh Mahipaul and Jermaine Figueira, they are asking Minister of Natural Resources Vickram Bharrat to provide the National Assembly with all ...

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Afro-Guyanese organisation asks Attorney General for meeting on end of cash support

The International Decade for People of African Descent Assembly- Guyana (IDPADA-G) on Monday formally asked government to hold talks on the withdrawal of a multi-million dollar annual  subsidy which was scrapped last year. Chairman of IDPADA-G, Vincent Alexander said his organisation dispatched a letter to Attorney General Anil Nandlall, as the government representative, asking for dialogue with the aim of ...

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High Court rules that gold miner, GGMC trespassed on Amerindian lands

The High Court has blocked a mining company and the Guyana Geology and Mines Commission (GGMC) from mining or permitting mining respectively in village lands at Jawalla, Region Seven (Cuyuni-Mazaruni) and awarded damages for trespass against the mining company and the regulatory agency. The Jawalla Village Council said Justice Sandil Kissoon awarded the Jawalla Village Council GY$10 million for trespass ...

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Houston residents remind radioactive storage company about High Court decision, amidst plans to hold public consultations

Three persons- who won a High Court case that blocks Slumberger Guyana Inc (SGI) from carrying on radioactive work at its Houston, East Bank Demerara location-have reminded an environmental consultancy that the company could not restart operations unless it is legally permitted to do so by the Environmental Protection Agency (EPA). The caution was issued through their lawyer,  Jamaican Maylene ...

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Ogle Airport wants to borrow a baggage scanner from Timehri Airport

The Eugene F’ Correia ‘Ogle’ International Airport (EFCIA) has formally asked the Cheddi Jagan ‘Timehri’ International Airport to lend it a baggage scanner, according to Public Works Minister Juan Edghill. “We are not sitting on our hands. There is correspondence from the Eugene F. Correia International Airport to the Cheddi Jagan International Airport of which this minister would have seen, ...

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