Daily Archive: Friday, April 30, 2021

Articles published on Friday, April 30, 2021

Natural Resources Minister Vickram Bharrat

Guyana’s oil casts relations with India in a new light

What has been reported in sections of the media as a strong interest by India, the world’s third largest consumer and importer of crude oil, in establishing a long-term agreement to buy a portion of its oil supplies from Guyana, is being seen in global oil circles as a flexing of what, these days, is its considerable muscle in the oil industry.

Sir Hilary Beckles

Sir Hilary Beckles wants crisis ‘carve out’ for the Caribbean

As the English-speaking Caribbean continues to endure its multi-faceted socio-economic challenges made worse in recent times by the scourge of the global COVID-19 pandemic, Vice Chancellor of the University of the West Indies Sir Hilary Beckles is calling for a payback for the historic contribution made by the English-speaking countries of the region to the development of the hemisphere.

Director General of IICA Manuel Otero

Caribbean aiming to make impact at September UN food summit

Confronted with an annual food import bill in the region of US$5 billion and seemingly possessed of a viable collective regional policy for significantly reducing that bill, Caribbean Community (CARICOM) countries have reportedly signalled their robust support for an intra-regional consultation ahead of September’s United Nations Food Summit in New York where food security is expected to be high on the agenda.

Venezuela arrests 10 PDVSA officials for illegal fuel sales

CARACAS,  (Reuters) – Venezuela’s attorney general said yesterday that 10 officials from state-owned oil company Petroleos de Venezuela (PDVSA) were arrested for allegedly diverting and selling some 3 million liters (792,516 gallons) of fuel illicitly, as long lines continue at petrol stations throughout the OPEC country due to shortages of gasoline and diesel.

Our oil and gas fortune: What’s in store down the road?

So far have we travelled from the condition of national euphoria that attended the May 2015 announcement by ExxonMobil that the Liza-1 oil well in the Stabroek block had yielded the first ‘world class’ oil find offshore Guyana, that last Tuesday’s revelation by the same company that it had had made the country’s nineteenth major oil find barely provoked a murmur from the country as a whole. 

Stock Market Updats

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 912’s trading results showed consideration of $9,113,558 from 104,987 shares traded in 13 transactions as compared to session 911’s trading results which showed consideration of $38,030,856 from 349,745 shares traded in 36 transactions.

Man City on brink of reclaiming throne

(Reuters) – When Liverpool were romping to the title last season Manchester City’s Raheem Sterling promised there would be a “massive reaction” from Pep Guardiola’s chastened side and his ominous prediction has proved to be spot on.