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Daily Archives: Friday, 28 September 2018, 23:50

Guyana crafting rules to calculate oil companies’ costs; independent auditors might be hired

Last Updated on Friday, 28 September 2018, 23:50 by Denis Chabrol As debate continues over whether Guyana might have lost millions of United States (US) dollars to ExxonMobil in the development of Liza Phase One,  government here on Friday announced that steps were being taken to reduce controversies in calculating costs. This announcement was made by Head of the Ministry ...

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GECOM still haggling over backers’ requests for removal

Last Updated on Friday, 28 September 2018, 22:19 by Denis Chabrol Even as two Guyana Elections Commissioners prepare to leave for Canada on Saturday to observe the printing of ballot papers and other election materials, the seven-member body was up to late Friday haggling over how to deal with a number of requests by backers of candidates. “The issue is ...

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Including forestry, gold in sovereign wealth fund is bad business; remove permanent tax waivers from future oil agreements- Charles Ramson Jr.

Last Updated on Friday, 28 September 2018, 17:56 by Denis Chabrol British-trained oil and gas resource person, Charles Ramson Jr. on Friday called for the removal of other natural resources such as forestry and gold from the proposed sovereign wealth fund, and the erasure or amendment of permanent tax  from Guyana’s future Production Sharing Agreements (PSAs). Just back from a University ...

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Guyanese carpenter wins US$245 million Lotto in the United States

Last Updated on Friday, 28 September 2018, 10:10 by Denis Chabrol Reproduced from New York Post It’s goodbye, Staten Island, aloha, Hawaii, for this $245.6 million Powerball winner. “I’ve always wanted to go to Hawaii,” newly minted multimillionaire Nandlall Mangal said Thursday. But other than that, he has no plans. “I’m sure my life is gonna change a lot,” he ...

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