Business

The Chairman of the Guyana Elections Commission (GECOM), Retired Justice Claudette Singh on Thursday informed President David Granger that that elections management authority would be in a position to conduct general and regional council elections by the end of February, 2020. Opposition People’s Progressive Party elections Commissioner Sase Gunraj confirmed this to News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News. ...

First Lady Sandra Granger on Wednesday lamented the scarcity of data on women in business, even as the United States (US) Ambassador to Guyana, Sarah-Ann Lynch said globally available data highlights the value of women in the development of countries. Addressing the opening of the WeLead Conference on women’s entrepreneurship, an initiative of the non-governmental organisation, WeLead Caribbean, Mrs. Granger ...

Nalco Champion Guyana, Inc. on Monday reinforced its commitment to Guyana and continuing with its long-term plans of establishing a product storage facility in the country.  Last week, Nalco Champion received an Interim Environmental Authorization from the Environmental Protection Agency (EPA) to begin operations at the John Fernandes Ltd. Main Terminal on Water Street. However, the interim authorization came with ...

The Guyana Telephone and Telegraph Company (GTT) says it is making it easy and possible to assist with hurricane relief efforts in The Bahamas. “GTT appreciates that we a part of a wider Caribbean – and that when our regional neighbors need help, we must do what we can, with what we have, to offer assistance,” said Justin Nedd, GTT’s ...

The Executive Director of Guyana’s Environmental Protection Agency (EPA), Dr. Vincent Adams on Monday cited the need for unannounced visits to oil industry operations, even as American and British oil companies discovered more oil offshore the northeast coast of the South American nation. “Unfettered access to the site: There should be no prevention or stiff-arming of government employees or people ...

Country Manager of ExxonMobil, Rod Henson on Monday said if the United States (US)-headquartered Nalco Champion (Guyana) Inc. had decided to sign on to an interim 12-month permit to establish a chemical warehouse in Georgetown, that would have been risky for the projected start of commercial oil production early next year. “There were some conditions in which we could be shut down ...

The Director of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe on Monday announced that ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. This well was being drilled by the Tom Madden drillship. This discovery adds to the previously announced estimated recoverable resource of more than ...

The London-listed Irish explorer Tullow Oil said on Monday that it has made a second oil discovery off the coast of Guyana, after the Joe-1 exploration well successfully opened a new upper tertiary oil play in the Guyana basin. The move follows a “substantial and high value oil discovery” by Tullow Oil in its Jethro-1 exploration well, in the same area of ...

A United States (US)-headquartered company that has been facing resistance in setting up a petrochemical bond to supply oil to ExxonMobil’s production operations offshore Guyana will be moving its operations to Trinidad, sources said. Head of Guyana’s Environmental Protection Agency (EPA), Dr. Vincent Adam’s told News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News that Nalco Champion (Guyana) Inc. last week Friday officially ...

JetBlue on Tuesday announced it is again expanding its large Latin America and Caribbean network with new nonstop service between New York’s John F. Kennedy International Airport (JFK) and Guyana’s Cheddi Jagan International Airport (GEO). Flights will operate daily on JetBlue’s new A321neo aircraft beginning April 2, 2020 with seats available for purchase in the U.S. starting today. “Guyana service ...