https://i0.wp.com/demerarawaves.com/wp-content/uploads/2024/03/UG-2024-5.png!

News

Guyana “vigilant” but not worried about impact of Chad’s US$76 billion fine on Exxon’s plans

ExxonMobil ‘s  fine of US$76 billion by a court in the northern central African nation of Chad earlier this month is not expected to affect plans by the American oil giant to begin commercial production in Guyana by 2020. Minister of Natural Resources said it is clear that the company would have to earn money to pay the fine for ...

Read More »

International expert to help close in on gold smuggling

The Guyana government says it is securing foreign assistance to close in on gold smugglers, even as it chases a target of 600,000 ounces for this year. Minister of Natural Resources, Raphael Trotman said the international law enforcement expert would be coming to Guyana “to both advise and to help us with some interdictions.” “I don’t think that there are ...

Read More »

British think-tank to advise Guyana on feasibility of oil refinery

The United Kingdom’s (UK)  leading think-tank  is helping Guyana decide whether it will be feasible to build an oil refinery here and, if so, what is the best model, Minister of Natural Resources, Raphael Trotman announced Friday. He said the New Producers Group of Chatham House- the Royal Institute of International Affairs- is expected to tell government by year-end whether ...

Read More »

Diphtheria outbreak in Venezuela triggers vaccination in western Guyana

Guyana is about to begin vaccination against Diphtheria on the border with Venezuela, following an outbreak in that western neighbour where the political and economic crisis has caused a prolonged massive shortage of basic items including medicines. “The Ministry of Public Health is taking preventative measures to reduce the risk of Diphtheria crossing the border from Venezuela where an outbreak ...

Read More »

WESTFORD FRAUD TRIAL: Ministry of the Presidency’s Chief Accountant unaware of GYD$600 million worth of evaluations

by Abigail Semple A trial into the alleged theft of more than GYD$600 million from the Guyana government on Thursday heard the Chief Accountant testofy that he recognised the signature of then Public Service Minister, Dr. Jennifer Westford on documents requesting monies for various evaluations between August, 2011 and April, 2015 that might not have been held. Chief Accountant within the Ministry of ...

Read More »

Young woman accused of burning down house in Mahdia

A 25-year-old mother of one was on Thursday remanded to prison after she appeared before Magistrate Judy Latchman on $2.9M arson and property damage charges. It is alleged that on October 9, 2016 at 7 Miles Mahadia, Naomi Williams unlawfully and maliciously set fire to a house valued at $1.6M, property of Phillip Narine. In the process, Williams also caused ...

Read More »

Foreign experts to help re-program GPL’s management

Fifteen foreign advisers are to be hired to help strengthen the Guyana Power and Light’s (GPL) management and reduce losses currently pegged at GPL’s Chairman of the Board of Directors, Robert Badal said that the US$7.4 million component of the Public Utility Upgrade Programme would be used to hire seven engineers and other training experts from Manitoba Hydro International with global experience. ...

Read More »

Integrity of new Oil and Gas Association boss under microscope

Less than one week after the Guyana Oil and Gas Association (GOGA) was formally launched, the future of it President and Chief Executive Officer, Bobby Gossai Jr. hangs in the balance after reports surfaced that he was named in a recent government-sponsored forensic audit. GOGA said in a statement that it was unaware of the “specific contents” of the Audit ...

Read More »

Gafoor’s Industries decides its future after two fires

Baffled at two recent fires at Gafoor’s Industries’ Houston, East Bank Demerara that resulted in almost US$20 million dollars in losses, management has already decided its next move if there is third blaze. Managing Director, Sattaur Gafoor declined to divulge the decision. He said one of the major concerns in the aftermath of the second fire is whether the insurance ...

Read More »