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by Samuel Sukhnandan The Department of Energy today denied breaching any procurement process with its planned sale of Guyana’s portion of first oil by invited bidding. Last week, the government dispatched an invitation to selected refiners around the globe inviting them to bid for 3 million barrels of Liza Blend crude. The revelation has some […]
One year after the crash of a Fly Jamaica plane at the Cheddi Jagan Airport that resulted in the company going out of business, the airline has started official moves in Jamaica to file for bankruptcy. Fly Jamaica is seeking protection from creditors as it tries to restructure and explore a possible sale. The airline […]
President David Granger today declared a new evolution of Guyana as a nation where he will be pushing to ensure that all teachers are trained. Speaking at the 85th Graduation ceremony of the Cyril Potter College of Education this morning, President Granger told the graduating teachers that as Guyana enters a new age of development, […]
The US Embassy today announced a US$500,000 project to promote transparency and good governance in the extractive industry as Guyana gears up for first oil. Funding for the project falls under the United States Agency for International Development and is aimed at building capacity for the administration and governance of Guyana’s extractive resources and address gaps […]
The services of several Guyanese Ambassadors and High Commissioners whose contracts have not been renewed, may not be required for any other service at the Foreign Ministry. Foreign Secretary of the Ministry of Foreign Affairs Carl Greenidge was asked about the issue today at the weekly press conference of the People’s National Congress Reform. With […]
US Congressman Gregory Meeks who represents New York’s 5th District which covers the borough of Queens, is expected to make a visit to Guyana. According to sources familiar with the plans to visit Guyana, Congressman Meeks was expected this weekend but his visit might have been delayed because of the ongoing impeachment hearings taking place […]
Approximately 3000 house lots have been allocated annually since 2015, but the Government plans to increase that number to 5000. Chief Executive Officer of the Central Housing and Planning Authority Lelon Saul told reporters earlier this week that an increase in the allocation of house lots will help to significantly reduce the current backlog of […]
The decision to place Guyana’s revenue from oil in the United States Federal Reserve Bank has been defended by the Finance Minister. Finance Minister Winston Jordan supported by the Central Bank Governor Dr. Gobin Ganga both agreed that placing the finances from the Natural Resources Fund (NRF) in US reserve is the best move. Their […]
Republic Bank is reassuring customers that the problems and issues related to its recent system upgrade will all be rectified by this weekend. In a statement, Republic Bank is now indicating that 82% of its Point of Sale Terminals are now operable, facilitating customers’ payments at merchants, while the bank continues to address those outstanding […]
As anticipation continues to mount for the production of oil in Guyana, the ExxonMobil company appears to be pushing for first oil before the end of this year. The revelation was made on Wednesday by ExxonMobil’s Senior Director of Public and Government Affairs, Deedra Moe. During an appearance on the 94.1FM Jumpstart Morning show, the […]
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