Daily Archive: Friday, February 11, 2022

Articles published on Friday, February 11, 2022

The first sample of oil from the Liza Unity

Second oil platform begins production

ExxonMobil today said it has started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s   first oil find.

President Dr Irfaan Ali addressing a networking reception for the visiting British Delegation.

UK response to ‘open for business’ signals from Guyana a challenge to private sector bodies

Less than three months three after visiting United Kingdom Deputy Trade Commissioner for Latin America and the Carib-bean (LAC) Spencer Mohoney had described Guyana as “one of the fastest growing countries on the planet” and had been upbeat about the prospects for enhanced trade relations between the Guyana and the United Kingdom, the first modest delegation of representatives of British private sector entities arrived here to undertake a first-hand probe of the real possibilities for the strengthening of trade and investment links between the two countries.

President Irfaan Ali (left) in dialogue with soldiers yesterday (Office of the President photo)

Gov’t plans to transform GDF – President

Stating that the country has no interest in seeking confrontation or conflict, President Irfaan Ali yesterday said that the Government plans to transform the Guyana Defence Force (GDF) into an intelligence- and technology-driven institution to safeguard the nation’s resources and protect against threats and challenges that may arise.

Gold mining in the Amazon Rainforest

The Amazon’s mercury madness

There appears to be no respite from environmental degradation for the prized Amazon rainforests as successive reports continue to bring grim news of one economic pursuit or another that relentlessly degrades a swathe of real estate widely described as ‘the lungs of the world’.

President Irfaan Ali engaging members of the media on the sidelines of the GDF event yesterday. (Office of the President photo)

‘My government is above board’

President Irfaan Ali yesterday said that the accusations of bribery put to Vice President Bharrat Jagdeo by US-based media outlet, VICE News during an interview last week are just mere allegations and was done for sensationalism.

Zaynab Shaffie

CXC recognises QC as School of the Year

Queen’s College was yesterday recognised as the top Caribbean Secondary Education Certificate (CSEC) and Carib-bean Advanced Proficiency Examination (CAPE) school of the year at the Carib-bean Examinations Council (CXC) 2021 Awards Ceremony At the British Virgin Islands event, held virtually due to the COVID-19 pandemic, Guyana carted off nine awards including for most outstanding CSEC and CAPE students, which were won by Zaynab Shaffie and Samuel Haynes, respectively.

A school child harvesting Pak Choy at Karassabai Primary School, South Pakaraimas

Education: an essential tool for agriculture in the 21st century

By Manuel Otero, IICA Director General It is… a matter of priority to align actions with future demands and to drive the development of agro-technical education, by modernizing rural educational institutions to prepare qualified resources among rural youth, fostering rural retention, linkages with the production sector and the integrated and inclusive development of rural areas and their people.

Oil spill clean-up on a beach in Peru

South America’s oil jitters

With 2022 promising to be a record-breaking year for oil exploration and recovery in South America, it would be an act of unfathomable recklessness to ignore the ever-present danger of the environmental risks that attend what, for the hemisphere, are potentially breakthrough economic pursuits that could alter overall economic and developmental fortunes for the future.

Dr Hyginus Leon

CDB president posits new financial ecosystem

In the wake of the dislocation, and in some instances near disintegration of some economies in the Carib-bean arising out of more than two years of a still rampaging Covid-19 pandemic, the Caribbean Development Bank (CDB) is to roll out a “financing ecosystem” that will provide critical support to its Borrowing Member Countries (BMC) with a view to helping them respond to their immediate needs as well as to help address critical long-term growth and development considerations, the Bank’s president, Dr Hyginus ‘Gene’ Leon, has said.

Michael Masi

Vettel hopes F1 race director Masi stays on

(Reuters) – Sebastian Vettel said he hopes Formula One race director Michael Masi keeps his job after the Australian made a controversial safety car call in the season-ending Abu Dhabi Grand Prix that denied Lewis Hamilton an unprecedented eighth title.