Marcelle Thomas

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Deodat Sharma

Audit office to review sale of first oil cargoes

The Audit Office of Guyana will be auditing the sale of the first three million barrels of Guyana’s oil to ensure that it is transparent as government’s explanation of the process does not make sense, Auditor General Deodat Sharma has said.

Raphael Trotman

Mismanagement, corruption claims spark GGMC probe

-Trotman awaiting final reports before taking action A complaint to President David Granger of mismanagement and corruption at the Guyana Geology and Mines Commission (GGMC), in which top officials have been fingered, has sparked a probe and Minister of Natural Resources Raphael Trotman is awaiting the final report to inform further action on the claims.

Governor of the Bank of Guyana Dr. Gobind Ganga displays the agreement with Finance Minister Winston Jordan after the signing. (Ministry of Finance photo)

Ministry, Central Bank sign pact for oil revenues fund

The Ministry of Finance and the Bank of Guyana (BoG) yesterday signed a pact which brings closer the operationalisation of the Natural Resource Fund, which is to receive oil revenues, a move hailed by government as demonstrative of its transparency in the management of the oil and gas sector.

Dr Cletus Bertin
(stlucianewsonline photo)

GPL taps CARILEC’s help to ease generation woes

The Guyana Power and Light Inc. (GPL) is receiving assistance from the Caribbean Electric Utility Services Corporation (CARILEC) to address its current power generation problems and the results will be seen soon, according to Executive Director of CARILEC Dr Cletus Bertin.

Clearing of trees continued yesterday at the Hicks 1 Extension where employee Ryan Taylor, a geologist died last month. The area were Taylor got covered by rubble is about five metres right of the excavator.

Troy Resources to decide future of operations on Sunday

The Board of Australian gold mining company, Troy Resources Ltd will on Sunday decide the future of its Region 7 operations, even as Chief Executive Officer Ken Nilsson said that they would need about US$5M per month to sustain it and hinted at a possible short-term scaling down.

Dr Vincent Adams

Sites being scouted for modern landfills

With increased oil and gas activity necessitating the treatment and disposal of hazardous waste, the Environmental Protection Agency (EPA) is working to identify sites around the country for the development of state-of-the art landfills while it prepares for closer scrutiny of ongoing operations.

Director of the Department of Energy Dr Mark Bynoe

Exxon to get first oil lift

ExxonMobil will take the first three liftings of crude oil from the country’s huge offshore deposits and Guyana will receive its share in its ground-breaking petroleum endeavour beginning around March next year.

Dr Vincent Adams

Guyana joins int’l oil regulators group

Guyana has joined the International Offshore Petroleum Environment Regulators (IOPER), an international regulators group whose help it will be seeking as it accelerates preparations for crucial oversight of the oil and gas sector as the expected start of production has been moved to next month. 

Robert Badal

Badal has plan to fix GPL, end blackouts

Presidential candidate of the Change Guyana political party Robert Badal says that under his government, Guyana will be ‘blackout’ free and voters should judge him on his record as Chairman of the Guyana Power and Light Company (GPL).

From left are Carol Corbin, Sukrishnalall Pasha, President David Granger, Ivor English, Nanda Kishore Gopaul and Emily Dodson after the swearing in ceremony in 2016. (Ministry of the Presidency photo)

Life of procurement commission expires today

The life of the current Public Procurement Com-mission (PPC) expires today and despite the Constitution providing for two commissioners to be granted four-year terms to allow for transitioning, this has not happened.

Robert Badal and Nigel Hinds

Badal pledges business-friendly governance, no secret deals

Fair treatment of all businesses and no taxes on start-ups until they begin to turn a profit is a key pledge of the soon-to-be-launched Change Guyana political party, whose presidential candidate Robert Badal is asking voters to trust his experience and leadership as a businessman.

Robert Badal

Badal says no coalescing with APNU+AFC or PPP/C

Disputing that he is a supporter of any of the parties in the governing APNU+AFC coalition, Change Guyana presidential candidate Robert Badal said that his party will not coalesce with either APNU+AFC or the PPP/C but has not ruled out  joining with smaller parties.

Robert Badal and Nigel Hinds

Badal, Hinds launching ‘Change Guyana’ party

Surprising the Alliance for Change (AFC), which he once supported, businessman Robert Badal plans to run for the presidency of Guyana with chartered accountant Nigel Hinds as his Prime Ministerial (PM) candidate in a soon-to-be-launched party called Change Guyana.

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