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Business

ExxonMobil racks up US$10 million flaring fine; installs new flash gas compressor, increases Liza Destiny’s daily output

ExxonMobil on Tuesday said it has replaced a troublesome flash gas compressor aboard the oil production vessel, Liza Destiny, that has cost the company more than USD$10 million in fines for excess flaring, and said the old one is being overhauled to the latest standards for standby use. Vice President of ExxonMobil Guyana , Mike Ryan said the new flash ...

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US govt invites Ali, Jagdeo to meet with Secretary of State, Congressional leaders

President Irfaan Ali and Vice President Bharrat Jagdeo left Guyana for the United States (US) to meet with American Secretary of State, Anthony Blinken and other top elected leaders and decision-makers, the Office of the President here said. “At the invitation of the US Government, the delegation will meet with high-ranking US Government officials, including the Secretary of State and ...

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President announces steel, cement, financial stimulus for home builders

President Irfaan Ali on Friday night announced free ‘steel and cement’ packages as well as no down-payment and reduced interest rates to persons who would like to build their own homes. He told the opening of the 2022 International Building Expo that persons who would like to construct a house for GY$6 million and lower, the government “will support home ...

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Govt willing to work with private sector to lower airfares to US, Canada

President Irfaan Ali on Wednesday floated the idea of convincing the private sector to explore the leasing of aircraft to transport persons to and fr0m the United States (US) and Canada because existing carriers are charging exorbitant airfares. “There are a number of opportunities now; a number of wet leases available… Why we don’t put our heads together- private sector- ...

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Investigate alleged Chinese money laundering ring- Pres Ali

President Irfaan Ali on Monday said the relevant authorities should investigate claims by Chinese individuals in Guyana that they are involved in a money laundering scheme called “flying money” as reported by the United States-based Vice News. He said the news documentary clearly contained confessions by a number of persons that they could move large amounts of cash through the ...

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Norton asks youths to “desist” from robbing people during protests; warns of hidden motive to create ethnic tension

Opposition Leader Aubrey Norton has urged supporters to be cautious about protest marches whose aim is to spark off attacks on Indo-Guyanese, in the wake of last month’s assault and robbing of vendors at the Mon Repos Market, East Coast Demerara by a group of persons who marched from Golden Grove to protest the police killing of a resident. Addressing ...

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US-based Mount Sinai Health System institution to improve Georgetown Hospital’s quality of service

The globally recognised New York-headquartered Mount Sinai health system will next week dispatch a team to Guyana to begin overhauling the quality of service at the country’s primary healthcare institution, the Georgetown Public Hospital Corporation (GPHC), officials said Friday. Health Minister Dr Frank Anthony said a team from Morning Side Hospital would be partnering directly with counterparts at the GPHC ...

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US oil company-funded Guyana Health Initiative to benefit Caribbean

An almost US$32 million Guyana Health Initiative being funded by Hess Corporation is set to also benefit the rest of the Caribbean in the treatment of cancer and diseases of the heart and blood vessels, Health Minister Dr Frank Anthony announced on Friday. He explained that a Cardiovascular Centre for Excellence and an Oncology Centre would be established jointly with ...

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