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Director, Department of Energy, Dr. Mark Bynoe this morning announced that United States oil giant ExxonMobil has made its 10th discovery offshore Guyana at the Pluma-1 well. This latest discovery has increased the estimated recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. “This is great news for Guyana…the country is […]
Retired Chancellor of the Judiciary, Justice Cecil Kennard, held no punches back in his recommendations following his completion of a Commission of Inquiry into the affairs of the Georgetown City Council. In his report, which was obtained by News Source, Justice Kennard said the Guyana Police Force and the State Asset Recovery Agency should be […]
The outgoing Mayor of Georgetown, Patricia Chase-Greene, today threw her full support behind her party comrade and successor, Ubraj Narine, but also offered him some advice and warning. Ms. Chase-Green told the incoming Mayor that having served on the Council for over two decades, with two and a half of those years as the Mayor, […]
Pandit Ubraj Narine received the full support of his party, the APNU, and was today elected as the new Mayor of Georgetown, just after being sworn in as a Councillor. Councillor Alfred Mentore, who is also from the APNU, will serve as the Deputy Mayor. The two will officially take office from January 1, 2019. […]
Opposition Leader and former President, Bharrat Jagdeo, today lashed out at PNC Chairman Volda Lawrence over statements she made at a party internal meeting that members of her party should get jobs and that she hires party members. Although Lawrence did not indicate what jobs she was referring to, Mr. Jagdeo used his press conference […]
The Berbice Bridge Company has moved to the High Court in an effort to reverse the move by the Government to take control of the operations of the Bridge. Earlier this month, the Government through the Minister of Public Infrastructure took over the operations of the bridge over public safety concerns in keeping with the […]
Chairman of the People’s National Congress Reform, Volda Lawrence, today said she stands by her views on the issue of jobs and unemployment in the country. In a statement she said measures are being put in place for the young and industrious to be afforded the opportunity of becoming self employed or gaining meaningful employment. […]
APNU Member Waneka Arrindell was today re-elected as the Mayor of Linden moments after the new Linden Council was sworn into office. Arrindell edged her party colleague, Deron Adams for the top spot on the Linden municipality. The two were nominated for the post and the Council voted that the ballot be done secretly for […]
Guyana and the United Kingdom are working to build relations and cooperation for the emerging oil sector in Guyana. Guyana’s High Commissioner to the UK, Frederick Hamley Case and the British High Commissioner to Guyana, Greg Quinn, are leading a delegation to the Scottish city of Aberdeen, which is aimed at building relationships to support […]
The Ministry of Finance has indicated, that along with the Government and the Bank of Guyana, it will be carefully considering several issues that would be related to the move by Republic Bank to acquire Scotiabank, as announced earlier today by the two banks. In a statement today, the Finance Ministry said the agreement raises […]
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