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Guyanese are being encouraged to qualify themselves in preparation for oil production so that they can work in the sector and take advantage of the benefits which are also open to foreigners. Foreign Affairs Minister Carl Greenidge said on Monday that Guyanese stand a chance of being overlooked for jobs in the sector if they do not […]
Guyana’s Minister of Foreign Affairs, Carl Greenidge on Monday said Venezuela’s relentless claim to this country’s Essequibo region and its accompanying oil rich maritime space was also stalling maritime boundary talks with other neighboring countries with which Guyana share maritime boundaries. Greenidge is confident, however, that much of the issues related to resolving maritime boundaries […]
In wake of today’s announcement by ExxonMobil that the estimate for the Stabroek Block has been increased to 4 billion barrels of oil, former Natural Resources Minister Robert Persaud is urging that there be “less bickering [and] finger pointing” ahead of production. Persaud shared this sentiment in a Facebook post earlier today, where he said […]
IRVING, Texas–(BUSINESS WIRE)– The ExxonMobil oil company today announced that it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases. The increase follows completion of testing […]
-By Ravin Singh- Guyana’s present value of external debt-to-GDP (Gross Domestic Product) is projected to decline to 8 percent over the medium-term, the International Monetary Fund (IMF) has said in its 2018 country report. Although the report was released in May of this year, the Debt Sustainability Analysis was added to the report and published […]
One day after it was revealed that former US President Jimmy Carter intervened to get the Government and the Opposition back at the table to restart discussions on national issues, the Minister of State is assuring that the agenda will be set by the two local leaders. At his post-cabinet press conference today, Mr. Harmon […]
Calling it a “veiled attack” on the Office of the President, the government used its majority in the National Assembly on Thursday to quash a motion brought by the opposition People’s Progressive Party calling for the reestablishment of a Ministry of Labour. The Motion piloted by Opposition MP Gillian Persaud is in keeping with calls by several […]
(DPI) As the Guyana Rice Development Board (GRDB) wraps up its 2018 first crop, results from January to June show an export volume increase of 87,000 tonnes as compared to the same period last year, according to GRDB General Manager, Nizam Hassan. “When we look at the figures compared to the first half of 2017, we saw […]
-by Kurt Campbell- Stalled talks between the Government and the Opposition on several matters of national importance may now move ahead following the intervention of former President of the United States, Jimmy Carter. Opposition Leader Bharrat Jagdeo told media operatives at Parliament today that President David Granger has now committed to leading those talks himself. […]
President David Granger met this morning and consulted with Leader of the Opposition Bharrat Jagdeo at State House on the appointment of the Public Service Commission and the Police Service Commission. The lives of both Commissions ended several months ago and recommendations have since been put forward for new members. The President had his Minister […]
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