Daily Archive: Friday, December 20, 2019

Articles published on Friday, December 20, 2019

The Liza Destiny

ExxonMobil begins oil production

ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first find of hydrocarbons, which is well ahead of the industry average for deepwater developments.

Coomacka edges Silver Shattas in thriller

-Amelia’s Ward Panthers also advances Amelia’s Ward Panthers and Coomacka sealed their respective berths to the elimination round when the Upper Demerara Football Association [UDFA] Year-end Championship continued on Wednesday at the Mackenzie Sports Club (MSC), Linden. 

Kester Deane

DJ apologises for remarks on Hinduism

Following an investigation by the Ethnic Relations Commission (ERC), local Christian Disc Jockey (DJ) Kester Deane has apologized for suggesting that Hinduism was in some way responsible for the recent social issues plaguing the country.

Rafael Nadal

Barty and Nadal claim season-ending ITF awards

(Reuters) – Ash Barty and Rafa Nadal were named International Tennis Federation’s (ITF) World Champions for 2019 yesterday, rewarding them for stellar seasons in which they finished at the top of women’s and men’s rankings respectively.

Award winners at Wednesday evening’s GMSA event at the Pegasus Hotel

GMSA touts conversion of portion of crude oil sales into cheaper refined fuel for local use

Government on Wednesday evening was served by the Guyana Manufacturing & Services Association (GMSA) with an unmistakable reminder that the long-standing woes of the sector repose, overwhelmingly, in the protracted failure of successive political administrations to provide an electricity supply which, in terms of both quality and consistency meets the needs of a manufacturing sector striving for growth.

Bumpy Landing: The Fly Jamaica Aircraft after its ‘bumpy’ landing at the CJIA

Still no end in sight to long-running Fly Jamaica saga

The ill-fated November 27th incident which saw a Toronto-bound Fly Jamaica Boeing 757 aircraft skid off the runway at the Cheddi Jagan International Airport, Timehri as the pilots attempted an emergency landing marked the start of a controversy-strewn interlude to which, more than two years later,  there would seem to be no end.

City Chamber urges adherence to traffic laws

Amid continuing horrific accidents, the  Georgetown Chamber of Commerce and Industry (GCCI) yesterday urged all road users to “stringently uphold traffic laws and regulations, and exercise good judgement when using the roadways by observing the five C’s – care, caution, consideration, common sense and courtesy.

Lasith Embuldeniya

Pakistan fold for 191 on opening day in Karachi

LAHORE,  (Reuters) – Fast Bowler Lahiru Kumara and spinner Lasith Embuldeniya picked up four wickets each to help Sri Lanka bundle out hosts Pakistan for 191 in the first innings on the opening day of the second and final test in Karachi yesterday.

Suresh Beharry (second from right) with the Mayor of Georgetown Ubraj Narine (right) (GBTI photo)

GBTI signals long-term link with ‘I love Guyana sign’

The Guyana Bank for Trade and Industry (GBTI) has signalled its long-term commitment to partnering with the Guyana Tourism and Hospitality Association in supporting the maintenance of Guyana’s latest tourist attraction – the `I love Guyana’, 3-dimensional sign, which was officially launched on Wednesday.

Exxon, Chevron named on global ‘climate culprit’ list

A number of both state-owned and private sector firms are increasingly coming under the gun for what is felt to be their unrelenting exploitation of the world’s oil, gas  and coal reserves, which are believed to be directly linked to more than a third of all contemporary greenhouse gas emissions.

Market Prices

The new Guyana Marketing Corporation has agreed to provide us with the above information which we will publish on a weekly basis subject to receipt.

Police culture

It was on Wednesday that President David Granger told the senior officers of the Guyana Police Force that “Guyanese desire a Force which they can trust,” It was incumbent on the organisation, he said, to ensure that their roles and responsibilities were clearly understood and that every effort was being made to fulfil them.

Reality check

There can now be no question that a gale force wind of expectation is sweeping all corners of Guyana arising out of the prospects deriving from our new-found oil and gas expectations, and what is now the imminent arrival of ‘first oil,’ in a matter of days, assuming that the pronouncement of the adjusted timeline announced some weeks ago holds good.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 856’s trading results showed consideration of $20,227,720 from 197,089 shares traded in 22 transactions as compared to session 855’s trading results which showed consideration of $21,163,368 from 229,196 shares traded in 29 transactions.

Kitco Market Data

Gold Prices for the three day period ending Thursday December 19,, 2019 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.