Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

GBTI wins $56m judgment against supermarket builders

Two business owners, who claimed that they went ahead and constructed a supermarket with their own cash based on an oral assurance by the then Chief Executive of GBTI that the financial institution would have granted them a loan, have lost a High Court case and now have to repay the bank more than $56 million plus interest and costs.

Joint Services corporal held over armed robbery of prison officer

A corporal of the Joint Services and another male  have been taken into custody following an investigation into the alleged robbery under arms committed on a 43-year-old Chief Prison Officer, Claude Skeete, which occurred about 1 am on Saturday on the  Soesdyke Public Road, EBD by four males, one of whom was armed with a knife.

Notice for departing passengers at CJIA

The Cheddi Jagan International Airport (CJIA), Timehri is advising departing passengers that effective from yesterday, the Immigration and Security operations at the airport has been relocated to the former Greeters Hall to facilitate the ongoing airport expansion project.

Joint Services corporal held over armed robbery of prison officer

A corporal of the Joint Services and another male  have been taken into custody following an investigation into the alleged robbery under arms committed on a 43-year-old Chief Prison Officer which occurred about 01:00h yesterday on the  Soesdyke Public Road, EBD by four males, one of whom was armed with a knife.

The signature page of the 2013 agreement, which was signed by then president Donald Ramotar

Ramotar signed oil contract with CGX nearly identical to Exxon deal

Government yesterday released the Production Sharing Agreement (PSA) signed by the former Donald Ramotarled PPP/C administration with Canadian miner CGX Resources Inc, the terms of which appear to be almost identical to those of the much maligned 2016 agreement signed by the current administration with ExxonMobil’s local subsidiary and its partners.

Floyd Haynes

Securing advances on oil revenues should be considered

Seeking advances on future revenue from ExxonMobil should be under discussion, according to United States-based Guyanese business professor and accountant Floyd Haynes, who says the benefits for a developing nation like ours are incalculable and can outweigh the disadvantages “I think it should be considered.

Former AG Shahabuddeen dies

Renowned Guyanese jurist Dr. Mohamed Shahabuddeen SC, who served as the Attorney General of Guyana as well as a judge on the International Criminal Court, has died.

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