Business

ExxonMobil on Thursday said it made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon bearing sandstone reservoirs. In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality ...

A New and United Guyana (ANUG) political party on Tuesday slammed the Irfaan Ali-led administration for doling out billions of dollars in actual cash seemingly without any accountability. “Money should not be taken from the State coffers in the haphazard way that we have seen,” ANUG said in a statement. That party, which is part of a joinder seat with ...

Businesses in Guyana are from  Monday asking customers for vaccination cards or negative PCR tests, in keeping with the government’s latest measures. Republic Bank (Guyana) says it will “enforce” the new measures. This means that those customers who are not vaccinated, must make an appointment to see a Republic Bank representative.  On the date of the appointment, persons must walk ...

Two enforcement agents of the Guyana Revenue Authority (GRA) were Thursday night shot and injured during a shootout with smugglers in the Mahaica Creek. Commissioner General of the GRA, Godfrey Statia says they the two did not sustain life-threatening injuries. He says the smugglers are known and the GRA will be going after them. Mr. Statia says the suspected smugglers ...

The Guyana Telephone and Telegraph (GTT) has scaled back the use of Huawei mobile communications equipment, amid persistent claims by the United States (US) that that Chinese company has embedded espionage gadgets in some of its equipment. “We have minimised the use of Huawei equipment on our network,” GTT’s Chief Executive Officer, Damian Blackburn told a news conference on Thursday. ...

The Guyana Telephone and Telegraph Company (GTT) on Thursday announced that it is upgrading and expanding its fibre-optic Internet services to businesses and homes at a cost of GYD$2 billion The announcement was made at a news conference by GTT’s Chief Executive Officer Damian Blackburn. He says on top of the GY$17 billion that has already been spent on fibre-optic ...

The Guyana Teachers’ Union, Guyana Public Service Union and their umbrella Guyana Trades Union Congress on Tuesday  asked the High Court to quash government’s vaccination policy that they say amount to coercion to take the jab against the viral disease. Also named as applicants are GPSU Vice President Dawn Gardner, GTU General Secretary Coretta Mc Donald and GTUC General Secretary ...

Guyana’s private sector is being integrated into the fight against corruption, but the enforcement of international conventions and domestic laws will depend on solid evidence and strong prosecution, officials said Monday. Minister of Governance, Gail Teixeira told the opening of an anti-corruption workshop being held by her ministry in collaboration with the United Nations Office on Drugs and Crime (UNODC) ...

A Superbet outlet at Bladen Hall, East Coast Demerara was Thursday night robbed of GY$220,000 cash by two men who also robbed three other persons at the same location of cash and valuables including a car valued GY$2.6 million. Investigators were informed that the two men, one of whom was dressed in a camouflage outfit, attacked the cashier at gunpoint ...

A Guyanese man and three Venezuelans were Wednesday arraigned for the murder of two Guyanese men at a mining camp at Blackwater, Region Seven. Those charged with the murder of Suresh Bachan and Steven Niles are 22-year old Nicholas ‘Wild Buck’ Caesar of Yarrowkabra Village, Linden Soesdyke Highway, and Venezuelans 25-year old  Juan Oscar Calderon ‘Gordo’ Lopez; 24-year old Jose ...