Politics

BREAKING: Exxon makes two more oil discoveries offshore Guyana

The ExxonMobil company today announced two new oil discoveries offshore Guyana. In a statement, the company announced the discoveries at the Fangtooth-1 well and the Lau Lau-1 well. The Fangtooth-1 well encountered approximately 164 feet of high-quality oil-bearing sandstone reservoirs, while the Lau Lau-1 well encountered approximately 315 feet of high-quality hydrocarbon-bearing sandstone reservoirs. Exxon […]

PAC Chair accuses Government of further delaying establishment of Public Procurement Commission

Opposition Members on the Public Accounts Committee (PAC) this morning accused the government of not giving priority to the establishment of the Public Procurement Commission (PPC) with PAC Chairman, Jermain Figueira labeling the non-establishment of the Commission an “untenable” situation.   The Public Procurement Commission which monitors public procurement to ensure the principles of fairness, […]