Investors’ interest in Guyana will soar with Exxon’s new estimate of 4 billion barrels

The Government of Guyana is pleased with the announcement today by ExxonMobil and its partners, Hess Guyana and CNOOC Nexen Petroleum, of an increase...

More than 4 Billion oil-equivalent barrels at Stabroek Block-ExxonMobil

The ExxonMobil controlled Stabroek Block offshore Guyana now has in excess of four billion oil-equivalent barrels. ExxonMobil announced on today that it has increased...

Slashed budgets hinder SARA’s anticorruption efforts –Director

The State Asset Recovery Agency (SARA) is unable to carry out many of its anti-corruption initiatives due to the slashing of its 2018 budget...

Failure to increase Berbice Bridge tolls could jeopardise NIS $3.3B – Ram

The financial situation at the Berbice Bridge Company Incorporated (BBCI) has moved from bad to worse, says Chartered Accountant, Christopher Ram. For one of...

Govt approves $17.3M for Emancipation day celebrations

The Ministry of Social Cohesion, with responsibility for Culture, Youth and Sport, has been allocated $17.3Million for the hosting of this year’s Emancipation activities. Minister...

Budget to host LGE is $1.2B not $2.9B – GECOM clarifies

The Guyana Elections Commission (GECOM) has clarified that the sum allocated to host the upcoming Local Government Election (LGE) is actually $1.2B, and not...

Getting Bankers’ information is major stumbling block in money laundering probes – Ramjattan

Getting access to bankers’ books in several money laundering probes has been prohibited by the court. However, access to these records are essential in...

GRA cuts ties with Head of Customs over allegations of corruption, underperformance

Amidst allegations of corruption and detailed reports of underperformance, the Guyana Revenue Authority (GRA) has opted to not renew the contract of the head...

“Berbice Bridge issue is government’s problem now, we’re done,” – Jagdeo

“They are in power now, so let them figure out how they’re going to deal with it. We in the PPP, we’re done. We’ve...

PPP’s poor planning responsible for Berbice Bridge financial conundrum– Nigel Hughes

Attorney-at-law and political commentator, Nigel Hughes believes that the current state of affairs at the Berbice Bridge Company Incorporated (BBCI), is a manifestation of...

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