By News Source Guyana on April 12, 2024
News, Politics
1500 persons from the West Demerara were today allocated house lots by the Central Housing and Planning Authority. The lots are the first to be issued in the new Wales Housing Development Scheme on the West Bank of Demerara. During the Housing Ministry’s ‘Dream Realised’ event to distribute the house lots today, Housing Minister Collin […]
By News Source Guyana on April 12, 2024
Business, News, Politics
The Guyana Government has approved a Petroleum Production License to the Stabroek Block operator, ExxonMobil, for its sixth development offshore Guyana, at Whiptail. The US$12.7 billion development is expected to produce 250,000 barrels of oil daily, bringing daily production to 1.3 million by the end of 2027. A release from the Ministry of Natural Resources […]
By News Source Guyana on April 11, 2024
News, Politics
By Svetlana Marshall Vice President Bharrat Jagdeo has laid blame at the doorsteps of the ExxonMobil company and its local contractor, Guyana Shore Base, for the delays being experienced in the execution of the Gas-to-Energy Project, which has resulted in calls for arbitration by the project contractors – CH4-Lindsayca. However, during a press conference today, […]
By News Source Guyana on April 11, 2024
News, Politics
The management of the Guyana Power and Light company (GPL) has been summoned to appear before the Parliamentary Sectoral Committee on Economic Services next month, in wake of the ongoing power supply problems that have been hitting the country. Chairman of the Parliamentary Committee on Economics Services, Opposition Member of Parliament, Shurwayne Holder, today said […]
By News Source Guyana on April 11, 2024
News, Politics
A commitment by the Guyana Power and Light (GPL) to install additional equipment to inject additional power to the national grid by this Saturday has been welcomed by the Government, although Vice President Bharrat Jagdeo still has a question mark over the commitment. During his weekly Press conference today, Mr. Jagdeo said the Power Company […]
By News Source Guyana on April 11, 2024
News, Politics
With the construction of the US$759M Power Plant and Natural Gas Liquids (NGL) Plant at Wales facing considerable delays, Opposition Member of Parliament, David Patterson, is concerned that Guyana could find itself paying ExxonMobil millions of US dollars for a pipeline long before benefiting from the Gas-to-Energy Project. ExxonMobil is currently building the gas pipeline […]
By News Source Guyana on April 11, 2024
News, Politics
A post-mortem examination carried out on the body of 70-year-old Clinton Chase, who was found dead in front of his La Penitence home has revealed that the elderly man was shot multiple times. Chase, who was deported from the United States just over a decade ago, was last seen alive riding his motorcycle in area […]
By News Source Guyana on April 11, 2024
News, Politics
The Guyana Government has signed an agreement with French company OCEA S.A. for the procurement of an offshore patrol vessel at the cost of €39.5 Million. The Ministry of Finance in a statement said the move is part of the Government’s strategy to boost its national defence and security capabilities through the Guyana Defence Force […]
By News Source Guyana on April 11, 2024
News, Politics
Opposition Leader Aubrey Norton is of the view that the move by the Government to approach the Caribbean Court of Justice to effectively block an order mandating oil company ExxonMobil to provide a guarantee that it will cover the full cost in case of an oil spill here, is wrong. High Court Judge, Sandil Kissoon […]
By News Source Guyana on April 10, 2024
Business, News, Politics
Two of the contractors hired by the Government to construct the US$759M Power Plant and Natural Gas Liquids (NGL) Plant at Wales as part of the Gas-to-Energy Project have filed for arbitration over costs overruns of US$90M, according to a report published by the Reuters News Agency. The report did not identify the names of […]