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Daily Archives: Thursday, 28 December 2017, 12:59

ExxonMobil gets generous tax concessions; Guyana stands to earn US$7.5 billion in 20 years

Last Updated on Thursday, 28 December 2017, 13:07 by Denis Chabrol ExxonMobil, along with its partners, that is preparing to begin commercial oil production in early 2020 at the Liza 1 Field offshore Guyana have been granted very generous tax concessions, even as both parties are touting the hefty earnings that the country will make in 20 years from one ...

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Updated: NCN’s CEO resigns after “unanimous” board dissatisfaction with his performance

Last Updated on Thursday, 28 December 2017, 8:31 by Denis Chabrol The Chief Executive Officer of the National Communications Network (NCN), Lennox Cornette has resigned just over one year after his controversial appointment, sources confirmed. “Faced with the possibility of a non-renewal of his contract, he took the better decision,” sources said. His contract expires in April, 2018. Cornette’s last ...

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