Last Updated on Friday, 16 December 2022, 17:03 by Denis Chabrol The High Court on Friday ruled that the France-headquartered Schlumberger, a global provider of products and services to ExxonMobil’s operations in Guyana, must stop storing, using and possessing radioactive materials at its facility at Houston, East Bank Demerara. Justice Nareshwar Harnanan, in handing down his decision, agreed with the ...

Last Updated on Friday, 16 December 2022, 16:21 by Denis Chabrol ExxonMobil will next year have to relinquish 20 percent of the Stabroek Block offshore Guyana and that area would eventually be auctioned, Vice President Bharrat Jagdeo said on December 9. “Exxon has this huge area and so next year I think they have to relinquish 20 percent of that,” ...

Last Updated on Friday, 16 December 2022, 11:08 by Denis Chabrol President Irfaan Ali Thursday night encouraged overseas-based Guyanese and local investors to pool their monies to invest in condominiums in upscale areas. “We have a lot of liquidity that exists in the Diaspora. This is a challenge to the Diaspora. I challenge you today. You can’t do it individually, ...

Last Updated on Friday, 16 December 2022, 8:30 by Denis Chabrol President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker on Thursday appealed t0 government to scrap the excise tax on new vehicles to allow ordinary Guyanese and the country as a whole to benefit in several ways. While acknowledging that Guyana’s roads are congested, the Chamber ...