Daily Archive: Friday, November 25, 2022

Articles published on Friday, November 25, 2022

The fourteen bidders

BP to market Guyana’s oil from two platforms for a year

The Government of Guyana yesterday announced that BP (British Petroleum) Inter-national Limited of the United Kingdom has been selected, following a competitive procurement process, to market Guyana’s share of petroleum from the Liza Destiny and Liza Unity floating production storage and offloading (FPSO) vessels.

Ministerial discretion on oil and gas licences poses corruption risk

-assessment report Allowing the minister with responsibility for the oil and gas sector to have discretionary powers in granting prospecting and production licences affords the opportunity for corruption and bribery – a money laundering predicate offence –says the Money Laundering/Terrorist Financing (ML/TF) National Risk Assessment (NRA) report.

The Princes Street pump back in working condition (City Council Photo)

All city pumps working

Public Relations Officer of the Civil Defence Com-mission (CDC), Patrice Wishart, yesterday told Stabroek News that all kokers and pumps in the city are now operational, including the Princes Street pump which had been down for two days.

Manager and staff of Prestige manufacturing and bottling Enterprise

Bureau of Standards ‘rewards’ the work of three more local companies

With local manufacturers across the sectors seeking not just to make continual inroads into the local markets but also to seize advantages that derive from the wider Caribbean market, the Guyana National Bureau of Standards (GNBS) continues to afford those companies the opportunity to secure its Made In Guyana Certification Mark to  provide concrete evidence of the products’ country of origin and by virtue of that certification to enhance the marketing of the products manufactured by the certified companies.

Pouderoyen scorers (from left) Dexroy Adams, Kenaz Stephens, Devin Gaskin and EJ Mars

Den Amstel captures Region Three title

Den Amstel won the Region #3 Zone title in the ‘One Guyana President’s Cup’ Football Championship on Wednesday evening, overcoming traditional rival Uitvlugt by a 2-0 scoreline at the National Track and Field Centre, Leonora.

Grand Assembly

COP 27: The Loss and Damage Agreement

Developing and underdeveloped countries, including CARICOM member countries, would, presumably, have been hopeful, that COP 27 might have at least witnessed the falling of the proverbial crumbs from the rich man’s table in a renewed attempt to push back what we are told is a fast approaching global climate crisis that could devastate already struggling countries.

Ramps ‘clears’ local content hurdle…but

The mood at the level of management of the Trinidad and Tobago-based logistics company, Ramps, which set up shop in Guyana in 2013, long prior to the announcement by ExxonMobil that the company had ‘struck oil’ offshore Guyana appears sober rather than wildly upbeat following a decision in the courts in Georgetown earlier this month that the Local Content Secretariat here grant the company a licence that would allow it to continue to provide a range of support services to company’s engaged with Guyana’s oil recovery pursuits.

Historic Concacaf coaching course for women underway

The Guyana Football Federation (GFF) officially kicked-off its maiden’s women’s only Concacaf W Level C Coaching Course yesterday at the National Training Centre, Providence, which featured participation from 24 aspiring coaches from the various sub-associations.

Kitco Market Data

Gold Prices for the three day period ending Thursday November 24, 2022 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 994’s trading results showed consideration of $52,387,081 from 130,156 shares traded in 20 transactions as compared to session 993’s trading results, which showed consideration of $27,609,835 from 81,104 shares traded in 35 transactions.

The global ambitions of Chinese Law

By Jeremy Daum and Moritz Rudolf NEW HAVEN – A recent report by the NGO Safeguard Defenders about the existence of “secret Chinese police stations” in cities around the world, including New York, has sparked investigations in several European countries and attracted the attention of the FBI.

Sharm el-Sheikh

What COP 27 did, perhaps more than anything else, was to recreate the scenario that manifested itself during the earlier era of the global debate on a New International Economic Order (NIEO) when, like now, the theatre and the grandstanding that characterized the debate was ensuing against the backdrop of fixed positions couched in rhetoric that hogged the headlines whilst doing little more than underscoring divisions that never came even close to being reconciled.