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Author Archives: Denis Chabrol

Seamen feared dead after trawler sinks at sea

At least three seamen are feared dead after the trawler they were working on went down in the Atlantic sea off the coast of Guyana, one of the seamen’s wives said Sunday. Among those believed to have perished is 44-year old Harold Anthony Damon of Agricola, Greater Georgetown. Mrs. Tonszadel Beckles-Damon told Demerara Waves Online News/ News-Talk Radio Guyana 103.1 ...

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Guyanese-Trinidadian joint venture focussing on agriculture exports

A joint venture logistics company between Roraima Airways and the Trinidad-headquartered RAMPS Logistics have teamed up to form the majority Guyanese-owned Arapaima Logistics which has already sealed a deal to ship 10,000 coconuts to the United States (US), officials said Saturday. “It is one of our mandates to engage the agriculture sector. And let’s start bringing the agricultural products from ...

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Man fatally shoots son-in-law

Police were Saturday searching for a 44-year old man who allegedly shot dead his 25-year old son-in-law in East La Penitence. Dead is  Leon Gittens of 118 Cowan Street, Kingston. The Guyana Police Force said the shooting incident occurred at midnight February 18, 2022 at Lot 211 Freeman Street, East La Penitence. “Investigations revealed that Gittens – who shared an ...

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Frontera investing over US$100 million in further Corentyne Block oil exploration

The Canadian company, Frontera, the major partner in the joint venture with CGX Energy, late Wednesday night announced that it would be spending more than US$100 million on the drilling of a second exploration well in the Corentyne Block. “Frontera and CGX anticipate spending $110-$130 million on Guyana exploration primarily to drill Wei-1, our second high impact exploration well in ...

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Gas-to-shore project won’t immediately produce value-added products

The more than US$1 billion gas-to-shore project would not immediately produce ammonia and urea because the amount of available gas would be just sufficient to power the electricity generation plant that would be built at Wales, West Bank Demerara, the Ministry of Natural Resources said. ‘There is no commitment yet from Exxon to bring additional gas at this point in ...

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AFC wary of govt selling crude directly but Natural Resources Minister says nothing to fear

The opposition Alliance For Change (AFC) and the Guyana government have disagreed over whether the administration should sell its share of oil directly or hire another crude marketer. Amid the AFC’s criticism that the government does not have the capacity to do so on its own and that Guyana would not save by cutting out the marketer, Minister of Natural ...

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New fuel exporters should form renewable energy fund

Barbados’ Prime Minister, Mia Mottley, on Tuesday proposed that new fossil fuel exporters like Guyana set aside at least 10 percent of their revenues into a fund for renewable energy, an idea that President Irfaan Ali said would require detailed study. “We believe that we should propose an accord among the new energy exporters to invest more than 10 percent ...

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AFC says opposition should sit on wealth fund board, despite concerns about passage of law

The Alliance For Change (AFC) on Monday said it was keen on nominating an expert to be a member of the Board of the Natural Resource Fund (NRF) to scrutinise spending of the oil money, while maintaining that the new NRF Act was badly structured and rammed through the House. “Good politicians that like good governance then realise that, although ...

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USAID report recommends APNU+AFC, PPP “power sharing” to manage oil wealth

A Democracy and Governance Assessment prepared for the United States Agency for International Development (USAID) says Guyana’s two major political parties need to engage in power-sharing in order to manage the country’s oil wealth efficiently. Dated August 2021, the assessment cited the for the two major political parties to abandon the current majoritarian political model in which the party with ...

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Civil society organisation concerned about govt’s ‘party card’ reason for removing Jadoopat from transparency initiative

Article 13- a Guyanese, the  pro-inclusionary democracy organisation, on Sunday took the Guyana government to task for removing Dr Rudy Jadoopat as the Coordinator  of the Guyana Extractive Industries Transparency Initiative (GYEITI) on the fake grounds that he is a member of the Alliance For Change (AFC). The non-governmental organisation indicated that it was perplexed at the Ministry Natural Resources ...

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