President David Granger Friday night said he expected increased jobs and assured that oil revenues would be spent wisely, shortly after ExxonMobil announced that it earlier in the day began commercial oil production from the Liza field offshore Guyana. “The petroleum sector will stimulate increased employment and expand services,” he said in an address to the nation. He announced that ...

IRVING, Texas – ExxonMobil Friday announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. Production for Liza Phase 1 to reach full capacity of 120,000 barrels of oil per day in the ...

The Guyana Manufacturers and Services Association (GMSA) recommends that the country’s entitled portion of refined oil be sold locally at a cheaper price in order to lower the cost of electricity especially to businesses. GMSA President, Clinton Williams noted that many of the “long-standing jeopardies” are closely linked to the high cost and unreliability of electricity, resulting in poor performance ...

The two policemen, who beat and burned a teenager who allegedly burgled their home, were Friday released on a total of GYD$800,000 bail. The police prosecutor, Inspector Matthew did not object to bail. Constables Daniel Bernard, 24, and Isaiah Bernard, 26, of La Parfaite Harmonie, West Bank Demerara pleaded not guilty to two joint charges when they appeared before Magistrate ...

General Secretary of the People’s Progressive Party, Bharrat Jagdeo on Thursday said if his party wins the March general elections, his government will block the company selected for a trial sale of Guyana’s first three million barrels of oil. “Now let me make it clear that any company that ties up an arrangement now, we have made a decision that ...

Lawyers, accountants, real estate agents, used car dealers and registered charities were Wednesday highlighted as “most vulnerable” to money laundering, even as the Guyana government boasted of making headway in reducing the country’s “high” risk for financial crimes. National Risk Assessment (NRA) Coordinator, Alicia Williams said a 2016-2017 National Risk Assessment found that, “the most vulnerable sectors were the attorneys-at-law, ...

Minister of Public Security, Khemraj Ramjattan said his first reaction when he learned that a policeman allegedly burned a teenage intruder suspect with hot water was “jail him”. “I said ‘jail him, immediately, lock him up’ and I understand they put them in chains too because this is so atrocious,” he told News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News. ...

Head of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe Wednesday night said the architects of Guyana’s local content policy would not be swayed by politicians who seek to galvanise support from among ordinary people at election time. Bynoe indicated that local content policymakers were under constant political pressure to generate jobs and other opportunities in a ...

Government has been given the green light to continue managing the Berbice Bridge Company Incorporated (BBCI), government’s Department of Public Information reported. This comes as Chief Justice Roxanne George issued a ruling on Wednesday that deemed the administration’s supervision of the bridge as lawful. BBCI had moved to the courts to overturn the Government’s decision but this was stopped as ...

Four people, including a pregnant woman, were killed Wednesday in a collision between a minibus and a lorry that transports bottled beverages, Region 5 Divisional Police Commander, Superintendent Yonette Stephens said. The Guyana Police Force said the accident occurred at about 11:10 a.m. and involved minibus BRR 5478 driven by Seechan Chandilall of lot 102 Bath Settlement, West Coast Berbice, ...