Business

Minister of Agriculture Zulfikar Mustapha on Wednesday said every effort would be made to ensure only fisherfolk receive the GY$150,000 one-off cash grant to assist with rising cost of operations. Interacting with fisherfolk at one of the seashores, he said only legitimate persons would be able to draw down the money and even if one person owns several boats, he ...

The ExxonMobil-led Esso Exploration and Production Guyana Limited (EEPGL) will have to be pay a higher fine of US$50 per tonne of carbon monoxide, up from US$30, if it breaches the flaring rules under its Environmental Protection Agency’s (EPA)-renewed five-year permit for the Liza 1 project in the Stabroek Block.  “The permit also goes further to require the Permit Holder ...

The Minister of Health, Dr Frank Anthony is urging Guyanese to call in authorities if they see anyone violating the No Tobacco Law as part of an overall crackdown on the potentially deadly habit by enforcement and education.  Dr Anthony said the government was relying on educating Guyanese about the need to stop smoking in public places but if that ...

Vice President Bharrat Jagdeo on Monday said the Guyana government was yet to decide on whether t0 allow ExxonMobil to participate in this South American nation’s first ever auction of oil blocks set for later this year. He said a team of experts was currently advising the Guyana government on how to proceed with the auction of the blocks located ...

Six months after China Railway was identified as the preferred bidder to open negotiations for the construction of the US$700 million Amaila Falls Hydropower project, that company has told the Guyana government it could not afford a Build Own Operate Transfer (BOOT) model, Vice President Bharrat Jagdeo said Monday. “The negotiations are very difficult and as of April 22nd, they ...

A day after the Guyana Police Force was criticised for robberies and discharge of several rounds in the air during  Friday night’s concert by Jamaican artiste, Skeng, at the National Park, police  Saturday night seized dozens of scissors from patrons at the Jouvert at the same venue. However, no mention was made  about whether marijuana was found in the possession ...

The Guyana Telephone and Telegraph’s (GTT) is moving to phase out its reliance on contracted fibre-optic cable technicians, and employ its own who will be promoted and paid increased salaries based on training and performance, company and union officials said Wednesday. Speaking at the signing of an accord between GTT and the Guyana Postal and Telecommunication Workers Union (GPTWU) in ...

A consortium of Guyanese auditors, backed by a specialised external entity, has been awarded a more than US$700,000 contract to conduct a cost recovery audit of the US$9 billion worth of transactions for the exploration and production of oil in the Stabroek Block, Minister of Natural Resources Vickram Bharrat said on Tuesday. Mr. Bharrat said the consortium has been hired ...

Trinidad and Tobago’s state-owned National Helicopter Services Limited is supporting research work offshore Guyana by the Spanish exploration company, REPSOL, the twin-island nation’s Prime Minister said Sunday. “Our National Helicopter Service, which is the helicopter service that we use here in Trinidad and Tobago in our system, on Saturday confirmed its third- not its first or second but its third ...

Trinidad and Tobago’s Prime Minister  Dr Keith Rowley on Sunday disclosed that the state-owned oil refinery, Petrotrin,  would be available to refine oil from Guyana now that the takeover deal is almost sealed. “The discussion did involve the possibility that if Guyana has oil  and Guyana is interested with someone, who we have selected here or are selecting, then those ...