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Daily Archives: Tuesday, 14 November 2023, 23:06

Small miners allocated claims in former Troy Resources concession to boost gold declaration shortfall

Last Updated on Tuesday, 14 November 2023, 23:06 by Denis Chabrol Amid a slump in gold declaration during this year, the Guyana government has decided to divide the former Troy Resources Mining concession at Karouni, Region 8 (Potaro-Siparuni) and allocate lots to small-scale miners, Minister of Natural Resources Vickram Bharrat said Tuesday. “We have identified an area within the former ...

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US fact-finding mission still eager to meet with Guyana govt; denies association with New York-based Guyanese activist

Last Updated on Tuesday, 14 November 2023, 21:57 by Denis Chabrol A 13-member delegation of American politicians, business executives and civil society representatives on Tuesday expressed disappointment that President Irfaan Ali’s administration has refused to meet with them on the thorny issue of racial discrimination mainly against Afro-Guyanese, allegations that government has repeatedly dismissed. Team Leader and former Chair of ...

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US$214 million ExxonMobil’s disputed cost: Bharrat sticks by Gossai ‘I will not discredit him’

Last Updated on Tuesday, 14 November 2023, 20:45 by Denis Chabrol Natural Resources Minister Vickram Bharrat on Tuesday said his ministry’s Senior Petroleum Coordinator, Gopnauth ‘Bobby’ Gossai-who was punished for unauthorised negotiation of the reduction US$214 million from ExxonMobil’s cost bank to US$3 million- did so due to inexperience. “I will not attempt to discredit any of my staff; if ...

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Oil production begins at Payara; daily output set to peak at 620,000 barrels per day

Last Updated on Tuesday, 14 November 2023, 9:14 by Denis Chabrol ExxonMobil started production on Tuesday at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. The Prosperity floating, production, storage and offloading (FPSO) vessel is expected to reach initial production of approximately 220,000 barrels per day ...

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Guyana submits evidence to World Court that Venezuela plans to seize Essequibo

Last Updated on Tuesday, 14 November 2023, 7:05 by Denis Chabrol Guyana on Tuesday submitted clear evidence to the International Court of Justice (ICJ) that Venezuela is planning to seize Essequibo County by force after obtaining a “preordained” popular vote in the referendum on December 3, 2023. Attorney-at-Law Paul Reichler presented a number of Social Media text and video posts ...

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