Marcelle Thomas

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Dr. Vincent Adams

Payara clause could allow Exxon to flare gas for free – Adams

A clause in government’s environmental permit for the upcoming Payara Well may give ExxonMobil carte blanche to flare continuously for free thus dimming any hope of Guyana collecting on the US$30 per tonne of carbon dioxide equivalent (CO2 eq) fine it has imposed for flaring over 60 days, former EPA Director Dr.

An artist’s rendering of the new Demerara Harbour Bridge

Two-year deadline for new Demerara bridge seen as unworkable

With a rigid two-year construction completion date among the over 250 technical and financial questions raised by pre-qualified bidders for the New Demerara River Bridge (NDRB) project, the Ministry of Public Works will tomorrow morning host a pre-bid meeting to iron out the issues, ahead of the August 3 deadline for bid submissions.

Members of the Guyana Rastafari Council during a recent peaceful protest opposite the Chambers of the Attorney General (Orlando Charles photo)

Rastafarian Council presses for movement on weed bill

By Marcelle Thomas and Readawne Henery Faced with a renewed protest by members of the Rastafarian community for movement on the removal of custodial sentences for the possession of small amounts of marijuana, Attorney General Anil Nandlall yesterday urged patience.

Draft amendments for Condominium Act completed

Persons who have purchased duplexes or condominiums from the state would soon be able to access the titles to their properties as the draft amendments for the Condominium Act have been completed and are currently with stakeholders for analysis, Attorney General Anil Nandlall has announced. 

The land under preparation

Trial phase underway for big poultry feed project

Upbeat about being part of a project to produce corn and soya bean locally for livestock feed, Chief Executive Officer and owner of Guyana Stockfeeds Inc, Robert Badal says the initiative will significantly decrease reliance on imports and ensure prices, especially for poultry, remain constant.

Agriculture Minister Noel Holder (second from left) and DDL Chairman Komal Samaroo (second from right) during the 2018 visit.

DDL to import powdered milk for its plant

Scheduled to be commissioned in June, Demerara Distillers Limited (DDL) will be importing milk powder for its pasteurised milk  processing plant until this country has an “organized dairy sector”, Chairman Komal Samaroo says.

The study, undertaken by the Mitsubishi Corporation and its affiliate Chiyoda Corporation in collaboration with the Government of Japan, favours the development of an offshore power plant such as this floating design (Image: Mitsubishi Heavy Industries)

Japanese study said gas to power viable

An oil and gas masterplan for Guyana done by the Government of Japan had concluded in 2019 that a gas to power solution based on the country’s petroleum operations is economically viable but it leaned heavily in favour of an offshore facility rather than an onshore plant.

Ramps acquires land for major expansion of oil support services

Having recently purchased land on the East Bank and East Coast of Demerara, Trinidad and Tobago headquartered Ramps logistics plans to significantly expand its oil and gas support services here and is hoping that an export free zone will be established in the future to catapult Guyana as a hub for exporting equipment and services, especially to the region.

Exxon moving to amend Liza-1 plan on associated gas

Even as plans continue for bringing gas to shore, ExxonMobil is working on amending the existing development plan for the offshore Liza-1 production area as it relates to commercial issues and expects to hand the document to government soon, the company says.

Dr Ashni Singh

Proposed Scotia sale to T&T bank poses dilemmas

The Bank of Guyana (BoG) is awaiting a formal application for a licence and other documentation from First Citizens Bank (FCB) Limited of Trinidad and Tobago with which Canada’s Scotiabank last month announced it had reached an agreement for the sale of its operations here.

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