Ten months after Guyana’s first ever bid round yielded six companies for eight offshore oil blocks, government on Wednesday announced that negotiations have concluded and the companies were poised to sign the production sharing agreements (PSAs) and pay the signature bonuses. The signature bonus would be US$10 million for shallow waters and US$20 million for deep waters. Natural Resources Minister, ...
Read More »Author Archives: Denis Chabrol
OPINION: Is Exxon bigger than Guyana’s parliament, possibly the judiciary also?
by GHK Lall There is gratitude that the Clerk of the National Assembly, Mr. Sherlock Isaacs, corrected himself. This immediately opened a new chapter of disagreement re whether private companies could be summoned before parliament. The highest house of the Guyanese people is not a place for frivolity or facetiousness. Thus, the thinking is that when a private company is ...
Read More »OPINION: Five observations about the WPA
By Dr. Randy Persaud, Professor Emeritus The WPA has been around since the 1970s. In the early days it played a useful role in helping the PPP remove the authoritarian People’s National Congress. One of the WPA stalwarts, Dr. Walter Rodney, was assassinated by the state in June 1980. The COI into Rodney’s death directly pointed fingers at the then ...
Read More »High Wine poured on “Wormie”, set alight
A gold miner of Imbaimadai Landing (Region Seven-Cuyuni Mazaruni) was Tuesday night nursing second degree burns in the Georgetown Public Hospital after he was doused with High Wine and set alight during an argument with another miner, police said Tuesday. Police said they regarded the incident as an attempt to murder 44-year-old James “Wormie” Thomas. The prime suspect has since ...
Read More »Cause of fire that left nine homeless identified
An unattended electric stove was the cause of Monday evening’s fire at Kwakwani, Berbice River that left nine persons homeless, the Guyana Fire Service (GFS) said Tuesday. “The fire was caused by a lit electrical stove that had been left unattended. Naked flames from the stove ignited a window curtain, which rapidly spread to other combustible materials within the house,” ...
Read More »British manufacturers encouraged to use Guyana as gateway to Caribbean, other markets, says Go-Invest chief
-BritCham Guyana to be launched at Lord's cricket ground
Read More »Guyanese companies team up to deploy Spain-headquartered FERMAX “cutting-edge security solutions”
Vista Services Inc. has announced that it has become the exclusive distributor of Fermax Video Access Control Systems in Guyana. “This strategic partnership marks a significant milestone in our commitment to providing cutting-edge security solutions for households and businesses across the country,” VSI said in a statement. Under the leadership of Managing Director Orson Ferguson, Vista Services Inc. said it ...
Read More »OPINION: Guyana: from next Dubai to a new Qatar, a few thoughts
by GHK Lall I like it. As a Guyanese, how can I not like Guyana as the ‘new Qatar’. From Guyana being the ‘next Dubai to the ‘new Qatar’ certainly has the sound of music to it. But to be either, I must warn that it is not a frolic across the hills. The hills may be ablaze with promise ...
Read More »Businessman arrested with foreign, local cash, high-powered gun, ammo
Police have discovered an AK-47 assault rifle and a large sum of foreign currency and Guyanese dollars allegedly in possession by a businessman at his home at Eccles, East Bank Demerara, the Guyana Police Force said Monday. Arrested at about 6:25 p.m. was 42-year-old Weston Pickering of Lot 2 Somerset Court Housing Scheme, Herstelling, East Bank Demerara. After the man ...
Read More »Guyana gov’t formally complains to US about Rickford Burke
asks FBI to prosecute him for false report Burke demands that government produce the evidence The Guyana government has asked the United States (US) for assistance to institute a series of charges in both countries against New York-based Guyanese political activist, Rickford Burke for several offences he has allegedly committed on social media. “These authorities have been invited to explore ...
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