Politics

ExxonMobil Guyana recorded $982.4 Billion in after tax profit in 2025; Increased expenditure lowers profit

ExxonMobil Guyana Limited recorded $1.2 trillion in profit before tax in 2025, the company’s Vice President and Business Services Manager John Colling disclosed today. According to the Financial Statements, ExxonMobil Guyana generated more than $1.7 trillion in revenue in 2025. However, its operating expenditure totaled approximately $498.4 billion, resulting in a profit before tax of […]

Mahipaul wants Government’s planned overhaul of former President’s Act to be sent to Special Select Committee

Describing the decision by the Government to repeal the Former Presidents (Benefits and Other Facilities) Act of 2015 as “unconscionable,” Opposition Member of Parliament, Ganesh Mahipaul said the move to provide former Presidents with uncapped benefits is an insult to taxpayers. Mahipaul’s comments came hours after the Attorney General, Anil Nandlall, disclosed that the Government […]

Government continuing negotiations as Karpowership company seeks increased rates

The Government of Guyana today said it is negotiating the best possible deal in the interest of Guyana, before moving forward to renew the contract with Turkish-associated Karpowership. The previous two-year agreement for two power ships expired last week and the company is demanding increased, standardized rates and has issued threats of immediate power disconnection […]

Government begin consultations on regulations to protect children from ills of internet and social media

The Government has launched consultations to establish a regulatory framework aimed at protecting children from certain content available on worldwide web and social media. According to Attorney General, Anil Nandlall, the move is to protect children from the ills of social media. He said while the internet has some positives that can help in the […]

1 5 6 7 8 9 943