Business

Colin Welch
Colin Welch

Oil and gas ‘dealmaker’ pushes back against environmentalists’ lobby

Seeking, it seems, to mount a response to the increasing criticism being levelled at the global oil & gas sector in response to the linkage between fossil fuels and what the global environmental lobby says continues to be an alarmingly degraded environment, a high profile associate in SCF Partners, a US-based energy service company, had been seeking to mount a pushback against what he says has been the “demonizing of oil and gas,” contending that it could take up to three decades for alternatives to be developed to replace the product.

At a previous Women in Business event
At a previous Women in Business event

Women in Business event postponed……again

The Sonia Noel Foundation, the organization responsible for the planning and Execution of the annual Women in Business event has announced that this year’s event will now be staged on Saturday April 4th and Sunday April 5th, effectively a postponement from the March 21-22 period that had been set.

Masked faces at a coronavirus news conference in Asia

COVID 19 spreads jitters among the global oil powerhouses

• Guyana, Latin America oil earnings will take a hit too The international oil and gas industry, the life-blood of business and commerce globally has bowed to the impact of the dreaded Coronavirus by announcing earlier this week that it was calling off a number of its key networking events, including its various technical and academic meetings and resorting instead to virtual conferences, a decision which a Reuters report which appeared earlier this week said was taken in response to mounting concern about the virus and what the report said was now its “fast-growing toll”. 

Lloyd Distant Jr

Keeping both eyes on the COVID-19 ogre

Our story in this issue of the Stabroek Business arising out of some of what is currently being reported on the impact so far of the globally worrying Coronavirus (COVID-19) and the manner in which it has been impacting globally in the region and in neighbouring countries, is timed to raise awareness of the malady and to help alert the authorities as much as the general populace to the fact that we too are vulnerable. 

Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information

Gold prices

Kitco Market Data Gold Prices for the three day period ending Thursday March 12, 2020

Market prices

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

Stock market updates

GASCI (Guyana Association of Securities Companies and Intermdeiacies)  reports that session 868’s trading results showed consideration of $9,065,090 from 68,198 shares traded in 19 transactions as compared to session 867’s trading results which showed consideration of $3,325,437 from 24,345 shares traded in 11 transactions.

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