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Business

Guyanese team was on standby to assist Tobago with oil spill response

A Guyanese multi-sectoral team was on standby to assist Tobago with an oil-spill clean response following an incident there involving a barge and a tug, Foreign Secretary Robert Persaud said Saturday. He said Guyana had planned to join an effort by sister Caribbean Community (CARICOM) nations to mitigate the impact of the oil spill that has severely affected marine biodiversity ...

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West Indies star bowler, home village of Baracara to benefit from GTT deal

West Indies’ newly-minted star bowler, Guyanese Shamar Joseph and children in the east Berbice community of Baracara are set to benefit significantly from GTT now that he has signed on to be that telecommunications provider’s brand ambassador, company officials said Friday. GTT’s Chief Commercial Officer, Kerchelle Jn. Charles said, through the three-year agreement, Mr Joseph would receive business mentorship and ...

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GTT increases Internet speeds

On the heels of record successes for Fibre in 2023, Guyana’s largest, fastest and most reliable network,  GTT, on Friday announced new rewards for its customers; and said Guyanese can look forward to an even more exciting future.   Last year, GTT saw a major expansion in its Fibre footprint across Guyana, ensuring that 2 out of every 3 homes now ...

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GTU lays down conditions for calling off strike; Private Sector Commission ready to play a role

A day after Vice President Bharrat Jagdeo said the Ministry of Education is responsible for all negotiations with the Guyana Teachers’ Union (GTU), the union on Friday called for a formal invitation to talks on increased wages and salaries. GTU President, Dr Mark Lyte made a stirring appeal on his Facebook Live as he headed to Georgetown for what is ...

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Georgetown Chamber confident gas-to-shore project is feasible

The Georgetown Chamber of Commerce and Industry (GCCI) on Wednesday said it relied on “publicly available” information about the gas-to-shore project to assess its feasibility and was confident that government would not have to subsidise its operations to keep its promise to cut electricity rates by 50 percent. “We have not seen that that will be the case,” Senior Vice ...

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Update: Subcontractor’s Health and Safety aide dies in hole at Vreed-en-Hoop Shorebase; was not wearing safety gear- Labour Ministry

The Ministry of Labour’s Occupational Safety and Health (OSH) Department  on Sunday said it has launched an investigation into a fatal accident that resulted in the death of a Health and Safety aide who was working with a subcontractor at Vreed-en-Hoop Shorebase. The company and the Labour Ministry said the accident occurred at 6:40  Saturday evening at the shorebase construction ...

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Venezuela warns ExxonMobil against oil search offshore Essequibo

Venezuela has reacted sharply to ExxonMobil’s plans to drill  exploration wells offshore the Essequibo Region, but records show that this is not the first time that the company has done so. ExxonMobil had drilled Ranger, Tarpon and Tanager wells that are west of the Essequibo River with no response by the Nicolas Maduro administration. Tanager was plugged because it is ...

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Stevedore supervisor dies in accident on John Fernandes Limited wharf

The Ministry of Labour  said it was investigating a fatal accident which occurred at approximately 7:38 AM Tuesday morning, at the John Fernandes Limited Port Facility on Water Street, Georgetown. The Labour Department said 64-year-old Trevor Jones, a stevedore foreman of Mandela Avenue, East Ruimveldt, was walking behind a super reach stacker as it was reversing when the accident occurred. ...

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ExxonMobil to search for oil offshore Essequibo Region

ExxonMobil plans to explore for oil offshore the Essequibo Region where Venezuelan gunboats had six years ago chased seismic research vessels in oil concessions that had been granted by Guyana, President of ExxonMobil Guyana, Alistair Routledge said Tuesday. “The Liza field, the last time I looked, takes you pretty close to that (equidistant) line. We plan to drill two exploration ...

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Sugar refinery for abandoned Enmore sugar estate- Pres Ali

President Irfaan Ali on Monday announced that a sugar refinery would be built at the Enmore Estate, East Coast Demerara which was closed in 2018. Addressing the Private Sector Commission’s (PSC) annual corporate dinner, he said an unnamed investor was about to decide on the construction of the refinery. “We have an investor, who is in the final stage of ...

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