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The Guyana Revenue Authority is not budging from its decision to flag US$214.4 million in the costs submitted by the Exxon company in the cost oil audit. Controversy erupted recently when it was made public that the disputed figure had been reduced to US$3million by the Ministry of Natural Resources. The Government said it launched […]
The Ministry of Natural Resources on Thursday night laid full blame for the oil audit controversy at the feet of the Head of the Petroleum Unit, Bobby Gossai. The controversy erupted after information became known that the Ministry of Natural Resources through the Petroleum Unit had slashed the US$214 million in questionable oil costs to […]
The award of an $865 Million contract for the construction of a Pump Station at Belle Vue, West Bank Demerara, has been coming under scrutiny, with the APNU+AFC Opposition claiming that the company awarded the contract did not meet the requirements set out by the same Tender Board. The company that won the bid is […]
With the Guyana Power and Light company facing an increase in demand for electricity, the Government wants companies that utilize a high volume of electricity to go back to self generation. Last week, GPL announced that it has noticed a greater demand for power, with the current peak demand surpassing the usual numbers. Over the […]
The Guyana Police Force and the Ministry of Labour are probing the death of a young worker at a construction site in the city. The 18-year-old construction worker identified as Javid Shaw, was working on the steel beams of a Lamaha Street building when he fell, hitting the concreted yard below. Emergency crews were called […]
The Guyana National Bureau of Standard has seized a number of items from several business owners for improper labeling and poor quality. Among the items seized by the GNBS were almost 5,000 packs of cigarettes that carried improper labelling, as well electrical fittings and equipment. The GNBS said it commenced monitoring electrical fittings and equipment […]
The Centre for Local Business Development will be rolling out a series of outreaches in Region 10 (Upper Demerara-Berbice) with the aim of helping small and medium size businesses tap into the booming oil and gas industry, as well as other sectors. The outreach will be conducted from October 3-6, and while it will be […]
The Guyana Government, which has found itself in an embarrassing situation over the cost audits of the Exxon company, plans to launch an investigation into a meeting between ExxonMobil and staff attached to the Ministry of Natural Resources Petroleum Unit. The Vice President, Bharrat Jagdeo claims that the meeting was unauthorized. During a Press Conference […]
The Food and Agriculture Organisation of the United Nations is supporting the Guyana Rice Development Board’s efforts to advance technology in the rice industry. A new project using drones to assist small farmers with their rice farming and monitoring has been launched. The project forms part of China South-South Cooperation Programme. The project commenced with […]
-by Svetlana Marshall- With the country facing a growing shortage in skilled and semi-skilled workers, the Georgetown Chamber of Commerce and Industry (GCCI) believes the Government needs to put the requisite systems in place now to allow for the large-scale importation of workers to address the shortage. In an interview with News Source, President of […]
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