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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 […]
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 […]
High Court Judge, Navendra Singh, has ordered the removal of several vendors and their structures from outside the Demico House Hotel and Restaurant at Stabroek. The Judge’s decision was handed down this morning and follows the Court action that was filed by Banks DIH Limited, which is the parent company for Demico House. The action […]
United Airlines has started its schedule service between Houston, Texas and Georgetown. With the airline serving more than 150 destinations worldwide, it intends to push the ease of connectivity through the Houston hub for the Guyana market. At a reception to celebrate the start of the airline’s service to Guyana, United’s Senior Vice President of […]
The Corum Group company has announced that it has acquired the rights for the opening of the popular P.F Changs restaurant in Guyana, as well as in Jamaica, Barbados and the Cayman Islands. The first restaurant is set to open its doors in Guyana in May on High Street, Kingston in Georgetown. The popular Asian […]
Several food items were confiscated and removed from various stalls at the Bourda Market this morning during an exercise conducted by the Public Health Department of the Mayor and City Council. The exercise was led by City Hall’s Solid Waste Director, Walter Narine, who expressed concern over expired items being sold to citizens. He also […]
The Guyana Bank for Trade and Industry has announced that it recorded $3 Billion in profits in 2023. The bank said its improved performance was driven by prudent cost management and a focus on improving operational efficiency. Chairman of the Board of Directors, Robin Stoby said he is pleased to report that the bank has […]
Republic Bank Guyana has expanded its services to the Williamsburg, Berbice community with the opening of a new branch on Saturday. The new facility replaces the Rose Hall branch, and represents an investment of $1.2 Billion. According to the Chairman of Republic Bank, Nigel Baptiste, the bank will continue to make investments in Guyana as […]
The hopes of Acting Police Commissioner Clifton Hicken, and Acting Deputy Commissioner Calvin Brutus of setting up sandpit operations on the Soesdyke-Linden Highway have been dashed with the Vice President Bharrat Jagdeo telling reporters today that “it is not going to happen.” According to the project documents published by the Environmental Protection Agency (EPA), both […]
The Guyana Office for Investment has jumped into the fray over the construction of the Georgetown Seafront Resort and Convention Centre, which is to be built along Carifesta Avenue on land that is being claimed by both the Guyana Government and the Georgetown City Council. Two weeks ago, the Government of Guyana signed a Memorandum […]
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