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Daily Archives: Thursday, 26 October 2023, 19:05

Salary deduction for Natural Resources Ministry official’s “negligence” in ExxonMobil US$214 million cost bank

Last Updated on Thursday, 26 October 2023, 19:05 by Denis Chabrol The Ministry of Natural Resources has deducted 15 days’ pay from the salary of Senior Petroleum Coordinator, Gopnauth ‘Bobby’ Gossai after internal probe found that he engaged ExxonMobil without authorisation in the reduction of US$214 million in the cost bank of an audit of Stabroek Block expenses from 1999-2017. ...

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Govt asks High Court to order value of land compulsorily acquired from Stuart Hughes

Last Updated on Thursday, 26 October 2023, 18:31 by Denis Chabrol The State has asked the High Court to decide 0n the value of 1.9 acres of compulsorily acquired land at Canal Number 1, West Bank Demerara along the path of the gas-to-shore pipeline after the then owner repeatedly refused GY$2.5 million in compensation plus rem In court papers seen ...

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MP Patterson demands GY$25 million for immigration blocking his departure from Guyana

Last Updated on Thursday, 26 October 2023, 17:38 by Denis Chabrol Opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) parliamentarian, David Patterson is demanding that the State pays him GY$25 million as compensation for breach of his constitutional rights because he was blocked by the immigration department from leaving Guyana to travel to the United States (US). Attorney-at-Law, Nigel ...

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Guyanese company among several win oil blocks offshore Guyana

Last Updated on Thursday, 26 October 2023, 16:08 by Denis Chabrol The wholly-owned Guyanese company, SISPRO Inc, is among several major international oil companies that have won bids to explore for oil offshore Guyana, Vice President Bharrat Jagdeo announced on Wednesday. “This is a very risky sector and I’m extremely pleased that the locals have been able to organise themselves ...

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More oil discovered at Lancetfish-2

Last Updated on Thursday, 26 October 2023, 9:36 by Denis Chabrol ExxonMobil, the operator in the Stabroek Block, has reportedly found more oil at the Lancetfish-2 appraisal well, the Ministry of Natural Resources said Thursday. Government described the find as a “significant discovery”.  “The Lancetfish-2 discovery in the Liza Petroleum Production License area has unveiled an estimated 20 meters of ...

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