Local

CGX oil drilling further deferred

Canadian oil explorer CGX Energy Inc yesterday announced that the Government of Guyana has granted it a deferral for drilling of the Eagle-1 well offshore Guyana on the Company’s Corentyne Petroleum Prospecting Licence (the “Corentyne PPL”).

China-built ferries dock

-to begin operating in February

The two long-awaited Chinese-built roll-on/roll-off ferries arrived at Port Georgetown yesterday and will remain at the city harbour until the first week in February, when they are to begin operating along the Parika/Good Hope route in the Essequibo River.

Ex-partners charged after brawl

A couple was yesterday placed on self-bail after they appeared before the Georgetown Magistrates’ Court to answer the charge of assault causing actual bodily harm and unlawful and malicious wounding.

GRA files petition to wind up DIDCO Trading

-has debts in excess of $180M

The Guyana Revenue Authority (GRA) yesterday said it has filed a petition in the High Court to institute winding-up proceedings against DIDCO Trading Company Limited which it says has failed to honour its financial obligations.

$2.3B budget proposed for city next year

City Hall yesterday presented a proposed $2.3B budget for 2012. In making the presentation at a press briefing at City Hall, City Treasurer Andrew Meredith said that revenue collection is expected to be to the tune of $1,993,363,000.

GRA files petition to wind up DIDCO Trading

The Guyana Revenue Authority (GRA) today said it has filed a petition in the High Court to institute winding-up proceedings against DIDCO Trading Company Limited which it says has failed to honour its financial obligations to the Revenue Authority.

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