Daily Archive: Friday, January 6, 2023

Articles published on Friday, January 6, 2023

Rafeek Khan

GMSA strongly backs gas to shore project – Khan

President of the Guyana Manufacturing and Services Association (GMSA), Rafeek Khan has told the Stabroek Business that the envisaged gas to shore project, part of the wider envisaged maximizing of the country’s oil and gas resources could represent a game-changing breakthrough for the country’s manufacturing sector, reaching to the very heart of one of the key issues that have affected manufacturing in Guyana.

Jamaica manufacturers forge deal with DHL on exports

Forever seemingly ahead of the rest of the regional ‘game’ in its thrust to promote Jamaica, the country’s Manufacturers and Exporters Association (JMEA) has sealed a deal with DHL Jamaica that will afford businesses in the country’s productive sector logistical support.

US President Joe Biden

Does Chevron’s return to Venezuela mark the beginning of the end for Caracas’ Washington isolation?

To fully appreciate the evolving circumstances that attend efforts to re-attach the United States’ oil major, Chevron, to the oil industry in Venezuela, it is necessary not just to follow events closely but to seek as far as possible, to secure information on not just events as they occur, but also to understand the context in which all of this is happening.

STEM Guyana tags oil companies’ support as being key to its mission in Guyana

With training in STEM-related subjects having been tagged as being an important ‘ingredient’ in the overall local training curriculum if the country is to meet the skills requirements demanded by the country’s oil and gas industry, STEM Guyana Director Karen Abrams has tagged the support of the oil and gas sector, particularly Tullow Oil in providing “funding and resources for the organization” as it seeks to consolidate the work it has done over the years to development a robust local STEM curriculum.

ILO highlights acute local skills deficit in Guyana’s oil and gas sector

Guyana may be riding high on the ‘feel good’ fallout from the swift transition from oil discovery to beginning to realize significant income from its now celebrated oil and gas industry, though, arguably not too far down the road, the ‘chickens’ associated with the country’s limited preparedness to effectively sustain one of the world’s most demanding economic sectors could come home to ‘roost’ to telling effect.

Nazar Mohamed

It’s a way of giving back to the country

Mohamed’s Enterprise’s decision to gift the country 1.4 acres of waterfront land with a market value of US$3M that falls in the pathway of the New Demerara Harbour Bridge was done as part of its Corporate Social Responsibility to citizens as everyone will benefit from the structure, the company’s Chief Executive Officer Nazar ‘Shell’ Mohamed says.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1,000’s trading results showed consideration of $59,871,724 from 246,836 shares traded in 61 transactions as compared to session 999’s trading results, which showed consideration of $2,545,195 from 7,937 shares traded in 13 transactions.

Agro processing, going forward

After many of the country’s small and medium scale farmers and agro processors had been ‘caught cold’ by the ravages of the coronavirus pandemic in 2021 the government, at the beginning of 2022, had held out prospects of a better year last year.