Last Updated on Thursday, 30 June 2016, 8:07 by Denis Chabrol IRVING, Texas–(BUSINESS WIRE)–Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels. “We are excited by the results of ...

Last Updated on Wednesday, 29 June 2016, 22:37 by Denis Chabrol The Rotary Club of Demerara, a well-established service organisation known for promoting service above self in Guyana, presented veteran Guyanese Business Executive Ramesh Dookhoo with the prestigious Paul Harris Fellow Award at its annual ‘Handing-Over’ Dinner  on Tuesday, June 28, 2016 at the Pegasus Hotel. The Paul Harris Fellow ...

Last Updated on Wednesday, 29 June 2016, 18:53 by Denis Chabrol As part of its drive to improve on school attendance in Lethem, the Lethem Town Council plans to introduce a school bus service. Mayor of Lethem, Carlton Beckles, said that the Municipality will be purchasing two new 32-seater buses to start the new school year. “The president has charged ...

Last Updated on Wednesday, 29 June 2016, 18:58 by Denis Chabrol Guyanese basketball players can now enjoy a basketball court which meets international standards and for the first time, the Caribbean Basketball Confederation (CBC) games will be held in Guyana. The Ministry of Culture Youth & Sport upgraded court at the Cliff Anderson Sports Hall valued at GYD$20M. This amount includes ...

Last Updated on Wednesday, 29 June 2016, 18:08 by Denis Chabrol With Guyana expected to apply to the global transparency watchdog for extractive industries in November for membership, the newly-formed civil society organisation, Policy Forum Guyana, says effective monitoring of open and accountable management of Guyana’s natural resources will require a drastic changes in the existing system. “If we are ...