Business

ExxonMobil on Tuesday reconfirmed that Guyana will pump up its first barrel of oil in March 2020, even as the Guyana government continued to fend off criticisms of the 2016 production sharing agreement. Vice President of ExxonMobil Development Company, Lisa Walters said work was well advanced by several companies in Singapore, Brazil and the United States Gulf Coast to ensure ...

IRVING, Texas–(BUSINESS WIRE)–The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said Tuesday. Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production startup in 2020. The company and its co-venturers have so far discovered estimated recoverable resources of more than 3.2 billion ...

Disagreement surfaced Monday afternoon over whether the High Court decided that a fraud case against former Deputy General Manager of the Guyana Rice Development Board, Madanlall Ramraj has been stayed, with Guyana’s Solicitor General, Kim Kyte saying that the State complied with Justice Navindra Singh’s order to produce a report. “No stay was granted. We complied with the Order. The ...

High Court Judge, Navindra Singh on Monday quashed fraud-related charges against former Deputy General Manager of the Guyana Rice Development Board (GRDB), Madanlall Ramraj. Defence Lawyer, Anil Nandlall emerged from an in-chamber hearing with the judge to whom he showed the heavily obscured contents of the report titled “Guyana Rice Development Board Forensic Audit Report for the period November 1, ...

A convict, who was found in an semi-conscious condition in a cell at the Georgetown Prison along with three other prisoners, died on Sunday at the Georgetown Hospital. Acting Director of Prisons Kevin Pilgrim said Shawn Thom had been placed in a cell with three other prisoners after he had stabbed another inmate on May 25, 2018.  He said Thom ...

Representatives of several African groups from across Guyana on Sunday agreed by majority to call for the country coordinating mechanism for the Decade for People of African descent to be scrapped and a new body established over concerns about its formation and decision-making. When the vote was taken, 36 persons showed their hands for the mechanism officially named the International ...

A Canadian airborne intelligence, surveillance and reconnaissance company has demonstrated to Guyanese security and environmental agencies its cabilities to  help combat illegal fishing, drug trafficking and other illegal activities, official said Friday night. PAL Aerospace, which Friday night signed a memorandum of understanding with Roraima Airways, has  shown the Guyana Defence Force, Guyana Police Force, Guyana Civil Aviation Authority, Customs ...

Two of three officers of the Guyana Revenue Authority (GRA) were shot and injured while preparing to intercept a car with smuggled chicken and alcoholic beverages, the agency said. The GRA did not say how serious were the injuries and whether anyone was hospitalised. Police have been called in and  the Authority said several persons have been arrested. A number of ...

A minibus driver and conductor on Friday pleaded guilty to a string of offences after police nabbed them in response to a Facebook video that showed the vehicle was overloaded with schoolchildren. A Guyana Police Force spokesman said the driver, Leon Jaggernaught, 38 of Laluni Highway and conductor Joshua Khan, 22, of 560 Golden Grove East Bank Demerara pleaded guilty ...

The Inter American Development Bank (IDB) is set to fund the construction of the first Photovoltaic (solar farm) in Bartica, Region Seven. Regional Chairman Gordon Bradford said the solar farm could be up and running by March 2020. On Monday, the Chairman and bank representatives visited the 14-acre plot of land at Daag Point, Bartica to assess the proposed site. ...