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Author Archives: Denis Chabrol

CGX Energy to restructure debt ahead of future oil exploration in de-risked Guyana basin

The cash-strapped Canadian oil exploration company, CGX Energy, continues to borrow monies from its shareholder to stay afloat, and indicated that future oil exploration offshore Guyana would depend on restructuring its multi-million debts to several companies. Now that American oil-giant, ExxonMobil, has found more than two billion barrels of oil offshore Guyana, CGX Energy hopes that will be an incentive ...

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Copa-Turkish Airlines agreement opens Guyana to Africa, Eurasia and Far East

(AVIATIONPROS.COM) May 01–PANAMA CITY, Panama — An agreement to operate joint flights was signed on Friday between Star Alliance members Copa and Turkish Airlines, and is a major game changer for the travel industry of Latin America and the Caribbean. This is especially important to Guyana, a country very much isolated from global hubs. Now travelers can fly Copa Airlines from ...

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Should charges be laid against former and current government officials for conditions of service? – Anil Nandlall

I have been charged for stealing books, the subscriptions for which were paid for by the Government of Guyana, which I specifically requested as a condition of my service as Attorney General and Minister of Legal Affairs and which was granted by the President of the Republic of Guyana. The market value for these books is about $420,000. Sometime in ...

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AFC appoints Cummingsburg Accord Review Committee

On the eve of the second anniversary of the historic May 11, 2015 General and Regional Elections, the Alliance For Change has announced the appointment of a special Cummingsburg Accord Review Committee (CARC). The AFC has already identified several deficiencies including how to deal with representation at the local government level and the absence of a dispute resolution mechanism although ...

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Police called in at GPSU’s headquarters as vote counting delay enters third day

Police were Sunday called in at the Guyana Public Service Union’s headquarters in Georgetown to quell disruption of the counting process, the Elections Officer Herman De Souza said. However, supporters of the Change Team led by Gregory Gaspar said their concerns were triggered by the absence of statements of poll, voters lists and tally sheets that are all critical to ...

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US$30 million loan being redirected from road to housing development

Parts of a loan fund raised originally for a road rehabilitation programme by the previous administration is now being re-shifted to the housing sector for its expansion, Finance Minister Winston Jordan announced. The Government Information Agency (GINA) reported that Jordan said government is working with the Inter-American Development Bank (IDB) to re-programme the housing sector’s over US$30 Million from a ...

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Counting of GPSU’s votes drags on, raising concerns about voter fraud

Counting of less than 3,000 votes in Thursday’s election for a new executive of the Guyana Public Service Union (GPSU) is yet to be completed, sparking off allegations of voter fraud in one of the most keenly contested elections for the first time in years. Supporters of the Change Team are said to be keeping vigil outside the GPSU’s headquarters on Regent ...

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