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Monthly Archives: June 2018

Guyana verifies oil exploration data, as experts stress need for robust system

Last Updated on Saturday, 23 June 2018, 6:18 by Denis Chabrol Guyana has been receiving seismic data and verifying the amount of oil being discovered and the wells that are not commercially viable, the Commissioner of the Guyana Geology and Mines Commissioner, Newell Dennison said. “We are sufficiently competent to see if what they are saying in terms of what ...

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Finance Minister wary of losing revenue if gasoline price is lowered

Last Updated on Friday, 22 June 2018, 23:11 by Denis Chabrol Finance Minister, Winston Jordan says he is wary of losing revenue, including much needed foreign exchange, if government gives into calls for fuel prices to lowered. Government’s Department of Public Information (DPI) quoted Jordan as saying that government is considering “creative solutions” to avoid adverse impacts on Guyana’s balance ...

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Prime suspects arrested for missing Corentyne businessman, charred remains found

Last Updated on Friday, 22 June 2018, 20:32 by Denis Chabrol Berbice police have unearth what they believe are the burnt remains of a Corentyne businessman who went missing two months ago and two suspects remained in custody on Saturday, Divisional Commander, Assistant Commissioner, Lyndon Alves said. “We have what are the charred remains,” he told Demerara Waves Online News. ...

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Former policeman, accomplice jailed for armed robbery

Last Updated on Friday, 22 June 2018, 18:06 by Denis Chabrol A former policeman and his accomplice have been jailed for a gunpoint robbery committed on a gold miner at the Mackenzie Market last year December. The former policeman, 38-year old Timothy Waldron, was Thursday found guilty of the offence, jailed for five years and fined GY$100,000. His sentencing came ...

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Finance Minister sues PPP’s Juan Edghill for “malicious prosecution”

Last Updated on Friday, 22 June 2018, 17:50 by Denis Chabrol Minister of Finance, Winston Jordan has sued opposition People’s Progressive Party (PPP) parliamentarian, Juan Edghill for malicious prosecution and is claiming GY$200 million in damages. The Finance Minister said Edghill’s private criminal charge of misconduct in public office on April 23, 2018 was done maliciously and resulted in harm ...

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Next Tuesday is CCJ ruling on presidential term limit

Last Updated on Saturday, 23 June 2018, 12:12 by Denis Chabrol The Caribbean Court of Justice (CCJ) will next week Tuesday decide whether Guyana’s presidential term limit is unconstitutional. The regional court announced that at 2PM on June 26, 2018 the judgment will be delivered in The Attorney General of Guyana v Cedric Richardson. “The CCJ will also give its decision ...

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Solar power, small hydroelectricity stations useless for industrialisation; Amaila; other mega hydro-power plants needed to push traditional sectors instead of rely on oil

Last Updated on Thursday, 21 June 2018, 17:54 by Denis Chabrol Guyana’s Private Sector Commission (PSC) on Thursday said it was engaging government on its Green State Development Strategy (GSDS), but at the same time poured cold water on government preference for solar energy and small hydro stations because they would be unable to  supply cheap energy for manufacturing. The ...

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Civil Defence Commission to visit flood-affected areas in South Rupununi

Last Updated on Thursday, 21 June 2018, 13:39 by Denis Chabrol The Civil Defence Commission (CDC), which is responsible for natural disasters, will be visiting and assessing flood-affected areas in South Rupununi, government said Thursday Director of the CDC, Lieutenant Colonel Kester Craig said the commission and the Region’s Democratic Council of Region Nine are monitoring the Takatu and Ireng ...

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ECO (Atlantic) processing data on Orinduik Block located nearby Exxon’s Longtail well

Last Updated on Thursday, 21 June 2018, 12:32 by Denis Chabrol Eco (Atlantic) Oil & Gas Limited (LON:ECO, TSX-V:EOG) has noted Exxon Mobil Corp’s (NYSE:XOM) eighth discovery offshore Guyana as it provided an update on its own operations in the region. The AIM-listed oil and gas producer said Exxon’s Longtail-1 well, located at the Stabroek Block which is adjacent to Eco’s own ...

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PAHO experts inspecting GGMC for mercury

Last Updated on Thursday, 21 June 2018, 14:29 by Denis Chabrol Experts from the Pan American Health Organisation (PAHO) have begun inspecting the headquarters of the Guyana Geology and Mines Commission and Guyana Gold Board for traces of mercury that have sickened several employees in recent months. GGMC Commissioner, Newell Dennisson confirmed that the inspectors began work on Wednesday and ...

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