By News Source Guyana on October 18, 2023
Business, News, Politics
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 […]
By News Source Guyana on October 17, 2023
News, Politics
The ExxonMobil company is not supportive of many of the new measures contained in the updated draft Production Sharing Agreement, which the Government intends to use for all future oil contracts. At a press conference today, the President of ExxonMobil Guyana, Alistair Routledge, told reporters that his company does not intend to sign onto the […]
By News Source Guyana on October 17, 2023
Crime, News, Politics
A move by the Guyana Police Force, to include the word “Policia”, the Spanish name for Police, on the Force’s vehicles is not finding favor with former Security Minister Khemraj Ramjattan. At a press conference today, the Opposition legislator lashed out at the GPF over the move, calling it ill-advised and abhorrent. Ramjattan said the […]
By News Source Guyana on October 17, 2023
News, Politics
By Svetlana Marshall Maintaining that no agreement was reached with the Government on the US$214M in “unjustified claims” flagged by IHS Markit in the conduct of the Stabroek Block Cost Recovery Audit, President of ExxonMobil Guyana Limited, Alistair Routledge, today said the Government, through the Guyana Revenue Authority (GRA), has reengaged the UK based audit […]
By News Source Guyana on October 17, 2023
Caribbean & International, News, Politics
The Opposition APNU and AFC today expressed grave concern over the influx of Venezuela migrants who have been moving into the country, without any proper screening being done. During a press conference today, Opposition Leader Aubrey Norton, said the issue is now at crisis level. Mr. Norton said it is estimated that as many as […]
By News Source Guyana on October 17, 2023
Caribbean & International, News, Politics
There is growing concern among officials about the spreading of Venezuelan propaganda on the border controversy in Guyana. In the past few days, reports have surfaced about the movement of Venezuelan military troops in villages close to a section of the border the country shares with Guyana. Those claims were triggered by a voice note […]
By News Source Guyana on October 16, 2023
News, Politics
The preparation works for the construction of the new US$260M bridge across the Demerara River is moving apace, according to the Ministry of Public Works’ Permanent Secretary, Vladim Persaud. Persaud made the disclosure as he appeared before the Public Accounts Committee (PAC) at the Public Buildings today to respond to a number of issues raised […]
By News Source Guyana on October 16, 2023
News, Politics
President Irfaan Ali departed for Ottawa, Canada this morning, where he will join other CARICOM leaders for the Canada-CARICOM Summit. The Summit, which is being held under the theme “Strategic Partners for a Resilient Future”, aims to strengthen bilateral cooperation between Canada and the Region. The President held discussions with the Canadian High Commissioner to […]
By News Source Guyana on October 16, 2023
News, Politics
With the Rose Hall estate factory grinding sugar again after six years, the estate appears to have already surpassed its production target. The sugar estate which reopened at the end of September 2023, has already produced in excess of 130 tonnes of sugar. During a visit to the Berbice region over the weekend, President Irfaan […]
By News Source Guyana on October 15, 2023
Crime, News
A night out partying for a Mon Repos couple ended tragically this morning when 42-year-old Kimal Khan was shot dead on his motorcycle, as he waited for the traffic light to change on the Ogle Access Road, East Coast Demerara. The incident took place just after midnight as the motorcyclist and his 21-year-old girlfriend were […]