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News

Guyana set to manage public debt using Commonwealth software

A powerful software developed by the Commonwealth Secretariat is being rolled out in Guyana to transform how the country manages its public debt portfolio of US $3.9 billion, the Commonwealth said Wednesday. At the request of the Government of Guyana, a team from the Commonwealth Secretariat was in Georgetown, the capital city, from 16 to 27 October 2023 to train ...

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Venezuela formally tells World Court referendum on Essequibo will go ahead; rules out seizure of Guyana’s territory

Venezuela on Wednesday vowed to the International Court of Justice (ICJ) that its referendum on December 3, 2023 would go ahead to determine its future approach to Guyana’s Essequibo County but at the same time ruled out the annexation of that territory. “The referendum is an internal domestic matter and is not meant in any way to result. in the ...

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Small miners allocated claims in former Troy Resources concession to boost gold declaration shortfall

Amid a slump in gold declaration during this year, the Guyana government has decided to divide the former Troy Resources Mining concession at Karouni, Region 8 (Potaro-Siparuni) and allocate lots to small-scale miners, Minister of Natural Resources Vickram Bharrat said Tuesday. “We have identified an area within the former Troy Resources property and we are allocating claims to Guyanese small ...

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US fact-finding mission still eager to meet with Guyana govt; denies association with New York-based Guyanese activist

A 13-member delegation of American politicians, business executives and civil society representatives on Tuesday expressed disappointment that President Irfaan Ali’s administration has refused to meet with them on the thorny issue of racial discrimination mainly against Afro-Guyanese, allegations that government has repeatedly dismissed. Team Leader and former Chair of the Georgia Black Caucus, Dee Dawkins-Haigler told a news conference that ...

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US$214 million ExxonMobil’s disputed cost: Bharrat sticks by Gossai ‘I will not discredit him’

Natural Resources Minister Vickram Bharrat on Tuesday said his ministry’s Senior Petroleum Coordinator, Gopnauth ‘Bobby’ Gossai-who was punished for unauthorised negotiation of the reduction US$214 million from ExxonMobil’s cost bank to US$3 million- did so due to inexperience. “I will not attempt to discredit any of my staff; if it was fatal but it was not,” he told a news ...

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Oil production begins at Payara; daily output set to peak at 620,000 barrels per day

ExxonMobil started production on Tuesday at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. The Prosperity floating, production, storage and offloading (FPSO) vessel is expected to reach initial production of approximately 220,000 barrels per day over the first half of next year as new wells come ...

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Guyana submits evidence to World Court that Venezuela plans to seize Essequibo

Guyana on Tuesday submitted clear evidence to the International Court of Justice (ICJ) that Venezuela is planning to seize Essequibo County by force after obtaining a “preordained” popular vote in the referendum on December 3, 2023. Attorney-at-Law Paul Reichler presented a number of Social Media text and video posts by President Nicolas Maduro, Defence Minister Vladímir Padrino López and military ...

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Digital Heritage GY: Reducing “cultural deficit”, enhancing diplomacy through digitization

Guyana’s culture, especially its rich diverse music, is being digitised and for the first time placed in an Online portal for use as a teaching-learning, research and soft diplomacy tool, according to ethnomusicologist Rohan Sagar. “The whole website concept is an academic platform which was designed through Harvard University, and they are all created under the Creative Commons which is ...

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GPHC Doctor robbed at ice pick-point

A Georgetown Public Hospital doctor was early Sunday morning robbed of her Iphone by a man who rushed into her yard shortly after she parked her car, police said. No one was injured during the incident that occurred at about 12:30 am. Investigators did not name the doctor but said she is 29 years old. Police said they were making ...

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