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 Guyana

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updated Sat. May 5, 2018

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A University of Oxford Professor of Economics and Public Policy on Wednesday urged Guyana to guard against lavish spending of oil earnings on consumer items which would result in a re-valuation of the Guyana dollar that would make other traditional exports noncompetitive. “If you spend it throwing a ...
GEORGETOWN, Guyana (CMC) — The 24th Inter-American Congress of Ministers and High-Level Authorities on Tourism (CITUR) began here yesterday with President David Granger urging that the Americas be promoted as a zone of peace. “The promotion of sustainable tourism initiatives and the ...

Guyana's story shares many similarities with the story of the ugly duckling. One of the poorest countries in South America, it has historically been entirely dependent on oil imports. In the past three years though, Guyana has sprung up as one of the hottest oil spots in the region, with ExxonMobil alone ...
Three major oil companies preparing to drill off the shores of Guyana, where a string of discoveries have sparked a rush for crude, are being challenged by a group of citizens who say their dash for oil is illegal. Lawyers acting for the Guyanese campaigners are to lodge the latest challenge in a court in ...
ExxonMobil has handed Danish logistics player Blue Water Shipping a services contract related to its Liza phase one oilfield development off Guyana. The US supermajor has hired Blue Water to provide logistics services, customs handling and local deliveries for the first-phase field development on its ...
"The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on cooperation in Renewable Energy between India and Guyana," an official statement said. The MoU was signed on January 30, 2018 here by Power and New & Renewable ...

GEORGETOWN, Guyana (CMC) — The 24th Inter-American Congress of Ministers and High-Level Authorities on Tourism (CITUR) began here on Wednesday with President David Granger urging that the Americas be promoted as a zone of peace. “The promotion of sustainable tourism initiatives and the ...
The Brooklyn-based Caribbean Guyana Institute for Democracy (CGID) deems the Guyana Bar Association's (GBA) “unfounded attack” on President David Granger to be “irresponsible, malicious, unprofessional and repugnant to the standards of the Bar.” The GBA on Feb. 18, 2018, issued a statement ...
GEORGETOWN – Guyana is marking the 48th anniversary of republicanism today with President David Granger saying that the Caribbean Community (CARICOM) country has lived under the shadow of threats to its territory since Independence in 1966.
“Guyana looks forward to the intensification of cooperation with friendly, foreign states, especially in building capacity for the Defence Force's technical corps to improve the national infrastructure in every part of the country, to defend our territorial integrity, to protect our citizens and to respond to ...
Yet the sudden discovery of all this cash under its seabed holds a lot of risk for Guyana. In some oil-rich countries like Angola and Nigeria, most of the population has gotten no real benefit from their country's petroleum wealth. On this edition of Global Journalist, a look at Guyana's big find - and whether it ...
KITCHENER — A man from Guyana deported from Canada 21 years ago after racking up several criminal convictions — including one for robbery — sneaked back into this country and returned to crime. Sheikh Ally, 47, was sentenced on Thursday to a little more than six years in prison, minus enhanced ...
French supermajor Total announced Monday it has entered the world's new oil hotspot, Guyana, with three exploration licenses under purchase agreements with different sellers, Kallanish Energy learns. The firm had entered into an option agreement for the Orinduik Block, and now has signed deals to ...
Total has entered agreements to acquire interests in two exploration licences, the Canje Block and the Kanuku Block off the coast of Guyana. The development comes after the company reached an option agreement for the nearby Orinduik Block. Once the transaction is complete, Total will hold exploration ...
Minister of Foreign Affairs Carl Greenidge says the government is diligently working to prepare its case on the Venezuela border controversy for the World Court secure in the knowledge that Guyana's western neighbour will have to comply with the ruling of the international legal body. “It's an international ...
While many welcome the United Nations initiative to refer the protracted territorial controversy between Guyana and Venezuela to the International Court of Justice (ICJ or World Court), who will re-adjudicate this long standing international dispute, and determine a binding judicial decree only if Venezuela ...
A number of companies who service the offshore oil and gas industry are in South America this week trying to get a foot in the door in the next oil and gas hotspot. Guyana has approved its third offshore project since oil was discovered in 2015. Oil industry consultant Rob Strong of St. John's, who's in ...

PARIS -- Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements come after entering into an option agreement for the nearby Orinduik Block. Subject to the approval of relevant authorities, Total will thus own ...
GEORGETOWN, Guyana (CMC) – Prime Minister Moses Nagamootoo says the Guyana government will soon embark upon a nationwide civic education campaign aimed at getting citizens to understand the border dispute with Venezuela that is now likely to be a matter before the International Court of ...
The border controversy has existed in its second incarnation since just before the independence of Guyana (formerly British Guiana) from Britain in 1966. At that time, the then Venezuelan Government reopened the “full, perfect, and final” settlement of the border dispute by an arbitral panel of distinguished ...
When concerns were raised about the launch of an entity that had not been approved by the CLE, a number of Attorneys General had mediated in a verbal dispute between Williams and Armour, resulting in the withdrawal of a release that had stated that the Council had not approved a Guyana law school.
Traces of petroleum have been recorded in Guyana since the 1750s, back when Dutch explorers were mapping the country. Wells drilled in 1916 produced some natural gas that powered local utilities for several decades, while Shell and the California Oil Company made exploratory drills in the 1950s and ...
GEORGETOWN, Guyana (CMC) — Two teenagers were rescued by officials from the Guyana Defence Force (GDF) on Friday as they attempted to commit suicide. In a statement, the GDF said the teenagers were spotted and rescued as they were preparing to jump into the deep waters at the mouth of the ...
PrEP is an option to these high risk groups, a drug taken before infection that significantly reduces the chances of catching the virus. If Guyana is successful, it will be the third country in the Caribbean to introduce PrEP, after the Bahamas and Barbados. In TT, however, Health Minister Terrence Deyalsingh ...
Raymon Reifer was on song in Providence, combining his fourth five-for with a maiden century, to help Guyana victory by an innings and 81 runs. Much of that result was the consequence of a poor first innings for Trinidad & Tobago who, after winning the toss, were bundled out for 135. There were five ...
Georgetown, Guyana – Plans are currently being put in place for the staging of Guyana's Wedding Expo 2018 which will be held March 23 through 25 at the Roraima Duke Lodge, Kingston. The official announcement was made Wednesday (January 17, 2018) at a ceremony at Duke Lodge which ...
President David Granger says that Guyana is looking forward to sharing experiences and expertise with the Republic of Georgia. The Head of State made these remarks when he accredited David Solomonia on Wednesday as the new Non-Resident Ambassador of the Republic of Georgia to Guyana.
The split between winners and losers in the frontier exploration campaign off Latin America's northeast coast—focused around Guyana, Suriname and French Guiana—is becoming clearer. Indisputably on the winning side is ExxonMobil and its junior partners, Hess and China's Cnooc, in Guyana.
Guyana's government on the weekend hailed the latest offshore oil and gas find as the largest to date and suggested that life in that country, which hosts the 15-nation Caribbean trade bloc's secretariat, will certainly see a major transformation after the first barrel is pumped from the seabed in the first ...
Guyana's Minister of Natural Resources, Raphael Trotman said while there is no perfect contract, the government is comfortable with the terms and conditions spelt out in the Stabroek Petroleum agreement between itself and ExxonMobil and prefers a long-term, stable relationship with one exploration ...
In light of the existing weather, Minister of State Joseph Harmon is assuring that the National Emergency Monitoring system remains activated on a 24-hour basis with the ten administrative regions being actively monitored. The Minister, who was speaking during his post-cabinet press conference, said ...
Officials from the Civil Defence Commission (CDC), National Drainage and Irrigation Authority (NDIA) and Region Three, visited Canal No. 1 on Thursday and begun delivering assistance to some 200 families, whose homes and farmlands were extremely affected by the recent heavy rainfall. Director ...
Guyana's government has released details of its contract with ExxonMobil for developing offshore oil resources and it shows that the country stands to gain around $7.6bn from just one field – the Liza 1 – once commercial operations are up and running, according to Guyanese and Caribbean media ...
Guyana is still mulling where to refine its portion of oil to be extracted from a Liza well offshore, Minister of Natural Resources Raphael Trotman said. He said a Cabinet sub-committee was yet to decide on whether to take up an offer by Trinidad and Tobago to refine Guyana's oil at the state-owned refinery, ...
In keeping with a recent undertaking, the Government of Guyana yesterday released the Petroleum Agreement entered into on its behalf by Mr. Raphael Trotman with American oil companies Esso Exploration and Production Guyana Limited and Hess Guyana Exploration Limited and CNOOC NEXEN ...
ExxonMobil, along with its partners, that is preparing to begin commercial oil production in early 2020 at the Liza 1 Field offshore Guyana have been granted very generous tax concessions, even as both parties are touting the hefty earnings that the country will make in 20 years from one field alone.
Brazil maintains that the settlement of the Guyana/Venezuela Border is final and must be respected, according to Foreign Minister Carl Greenidge. Following his attendance at the recently concluded MERCOSUR Summit held in Brazil, Greenidge said Guyana's South American neighbour has been updated ...
When herpetologist Andrew Snyder's flashlight landed on something bright blue in the rainforests of Guyana, South America, he stopped and took a closer look. It turned out to be a blue tarantula of the Ischnocolinae subfamily, a species most likely unknown to science. "It was very exciting to say the least," ...
Guyana and Brazil on Thursday inked two agreements aimed at forging ahead with plans to construct a road link between the two countries and combating drought in the Rupununi region. The agreements were inked during President David Granger's official State-visit to neighbouring country where he met ...
TORONTO -- Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, is pleased to announce that Eco (Guyana) Oil and Gas (Barbados) Ltd. (Eco Barbados), a wholly owned subsidiary of the Company, has agreed to acquire ...
Guyana is considering the Trinidad and Tobago model of the Electronic Single Window (ESW) to fast-track the processing of imports and exports instead of waiting days, under a project being facilitated by the Inter-American Development Bank (IDB). With financing from South Korea, the hemispheric bank ...
Noting that persons have been expressing concern about what Guyana did not get in the contract but are losing sight of the achievements, he said ExxonMobil was the only company worldwide that was willing to invest billions, prepared to take the economic risk at a time when global oil prices had ...
Brazil maintains that the settlement of the Guyana/Venezuela Border is final and must be respected, according to Foreign Minister Carl Greenidge. Following his attendance at the recently concluded MERCOSUR Summit held in Brazil, Greenidge said Guyana's South American neighbour has been updated ...
FILE - In this July 30, 2011, file photo, the broken fuselage of a Caribbean Airlines Boeing 737-800 sits in the grass after it crashed at the end of the runway at Cheddi Jagan International Airport in Timehri, Guyana. A federal judge... HARTFORD, Conn. (AP) — A federal judge is considering whether an ...
When herpetologist Andrew Snyder's flashlight landed on something bright blue in the rainforests of Guyana, South America, he stopped and took a closer look. It turned out to be a blue tarantula of the Ischnocolinae subfamily, a species most likely unknown to science. "It was very exciting to say the least," says the PhD ...
A taxi driver is due to appear in court later this week after the Guyana police said they found more than 145 pounds of cocaine in a cooking gas cylinder on Sunday. The authorities said that they found the drugs after carrying out a search of the man's vehicle at his home in the Boodhoo's Housing Scheme, ...
Guyana's President David Granger has pardoned five women who have completed part of their prison sentence for non-violent offenses. The Ministry of Public Security says the prisoners have each served a portion of their respective sentences for offences ranging from larceny, fraud and giving false oath.
Guyana-born Mark Denny, 47, has spent the past three decades behind bars for a brutal rape and robbery he didn't commit. But last week he received the greatest gift of all — his freedom. The Brooklyn District Attorney's Office said Wednesday morning that it had moved to vacate Denny's conviction and ...
GEORGETOWN, Guyana (CMC) — A still-born girl with two heads was delivered at the New Amsterdam Hospital in Guyana over the last weekend, according to a government statement issued here late Tuesday night. It said that the birth created history in the Ancient County and that the baby, which ...
“New Chairman of the Council of Legal Education (CLE) Reginald Armour of Trinidad and Tobago is relying on a report of a Review Committee which included former Chancellor Carl Singh, to now say that the CLE never gave permission to Guyana to establish its own Law School after decades in the ...


 

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