10 h. ago Foreign exchange restriction reflects poor management of our oil revenues

Dear Editor, You were gracious to publish my tongue-in-cheek letter yesterday but after reading R. Reagan’s excellent letter, also published in yesterday’s SN, I was reminded of the dire consequences of the new foreign exchange restrictions. The article Foreign exchange restriction reflects poor management of our oil revenues appeared first on Stabroek News.

Other

10 h. ago Exxon to cut 2,000 jobs in restructuring hitting Canada and EU

HOUSTON,  (Reuters) – Top U.S. oil major Exxon Mobil (XOM.N) said on Tuesday it will lay off 2,000 workers globally, particularly in Canada and across the European Union, as part of a long-term restructuring plan that will affect about 3% to 4% of the company’s workforce. The article Exxon to cut 2,000 jobs in restructuring hitting Canada and EU appeared first on Stabroek News.

Other

12 h. ago President Ali announces plans for Guyana to market its own crude

(Kaieteur News) – Guyana will be working to develop its capability and capacity in crude oil trading, President Irfaan Ali told a roomful of private sector players on Thursday at the inaugural energy breakfast hosted by the Georgetown Chamber of Commerce and Industry (GCCI). “I will be working with the local private sector and international […] The post President Ali announces plans for Guyana to market its own crude appeared first on Kaieteur News.

Other

12 h. ago Govt. to reform Board of Guardians for easier access to public assistance

(Kaieteur News) – The Government of Guyana is moving to reform the Ministry of Human Services and Social Security’s Board of Guardians in an effort to make public assistance more accessible and equitable. Vice President Bharrat Jagdeo made this announcement during a press conference on Thursday held at the Arthur Chung Conference Center, where he […] The post Govt. to reform Board of Guardians for easier access to public assistance appeared first on Kaieteur News.

Other

12 h. ago Pres. Ali tells private sector: ‘Stop dreaming, start building new industries’

(Kaieteur News) – President Irfaan Ali has thrown down the gauntlet to the local private sector, challenging business leaders to move beyond the comfort of simply feeding off the booming oil and gas sector. He urged them instead to become the architects of entirely new industries that can sustain Guyana for generations. The Head of […] The post Pres. Ali tells private sector: ‘Stop dreaming, start building new industries’ appeared first on Kaieteur News.

Other

34 h. ago GPL preparing to receive further 15 MW from second powership

The Guyana Power and Light company (GPL) is readying the second powership to begin delivery of the additional 15 megawatts (MW) of power to the 60 MW it agreed to last year and the infrastructure for a 69 kilovolt (kV) double circuit overhead transmission line replacement for Georgetown is expected to soon begin. The article GPL preparing to receive further 15 MW from second powership appeared first on Stabroek News.

Other

34 h. ago Venezuela’s oil exports surpass 1 million bpd for first time since 2020, data show

(Reuters) – Venezuela’s oil exports averaged 1.09 million barrels per day (bpd) in September, the highest monthly level since February 2020, according to shipping data and documents from state-run company PDVSA. The article Venezuela’s oil exports surpass 1 million bpd for first time since 2020, data show appeared first on Stabroek News.

Other

36 h. ago ‘2% Can’t Work’: Former President Ramotar urges Caricom to urgently draft model oil contract for region

Kaieteur News – Guyana got ripped off when it signed the 2016 Production Sharing Agreement (PSA) with American oil major, ExxonMobil but this does not mean other Caribbean Community (CARICOM) member states should suffer the same fate. This is the view of former President Donald Ramotar. In an interview with Kaieteur News, the former Head […] The post ‘2% Can’t Work’: Former President Ramotar urges Caricom to urgently draft model oil contract for region appeared first on Kaieteur News.

Other

36 h. ago Agri Minister optimistic new Suriname Govt. will grant license to Guyanese fisherfolk

Kaieteur News – Minister of Agriculture, Zulfikar Mustapha remains optimistic that the government of Suriname will grant Guyanese fisherfolk the long overdue license to operate. The minister made the statement on the sidelines of the launch of Agriculture Month on Wednesday. “I am optimistic that the new [Suriname] administration will be looking at that. You know, […] The post Agri Minister optimistic new Suriname Govt. will grant license to Guyanese fisherfolk appeared first on Kaieteur News.

Other

36 h. ago ‘Parliament has become the creature of the Govt.’ – Dr. Hinds

Kaieteur News – Co-leader of the Working Peoples Alliance (WPA), Dr. David Hinds has lashed out at the PPP/C government for its slothful approach to convening the 13th Parliament, arguing that the administration is holding the legislative arm of government at ransom. During his party’s press conference on Wednesday, Dr. Hinds pointed out that the […] The post ‘Parliament has become the creature of the Govt.’ – Dr. Hinds appeared first on Kaieteur News.

Other

58 h. ago UN Security Council approves bigger force in Haiti to tackle gangs

UNITED NATIONS, (Reuters) – The United Nations Security Council yesterday  agreed to a U.S. proposal to more than double the size of an 15-month-old underfunded and understaffed international security mission combating armed gangs in Haiti, sparking criticism of Washington by China and Russia. The article UN Security Council approves bigger force in Haiti to tackle gangs appeared first on Stabroek News.

Other

58 h. ago Construction of Vaca Muerta pipeline in Argentina is 35% complete official says

AUSTIN,  (Reuters) – The construction of a flagship pipeline to transport oil output from Argentina’s Vaca Muerta shale region to the coast is 35% complete, the country’s head of energy, Daniel Gonzalez, said at a conference on Tuesday. The article Construction of Vaca Muerta pipeline in Argentina is 35% complete official says appeared first on Stabroek News.

Other

58 h. ago West Indies reveals International Retainer Contracts for 2025/2026 season

Cricket West Indies (CWI) has announced that the Board of Directors has approved the recommendations for International Retainer Contracts for the 2025/26 season, which commences on October 1.  The article West Indies reveals International Retainer Contracts for 2025/2026 season appeared first on Stabroek News.

Other

60 h. ago Exxon ordered to submit quarterly reserve updates for 7th project

Kaieteur News – The Government of Guyana has moved to impose stricter oversight on ExxonMobil’s oil operations, demanding that the U.S. oil giant submit quarterly reports on reserves for its seventh offshore development, the Hammerhead Project. This mechanism would play a key role in monitoring the depletion of the resources and aid in strategic planning […] The post Exxon ordered to submit quarterly reserve updates for 7th project appeared first on Kaieteur News.

Other

60 h. ago Oko West gold mine wharf landing progressing steadily – GMIN

Kaieteur News – G Mining Ventures (GMIN), a Canadian firm operating in Guyana, has disclosed that the construction of a wharf landing at its gold project here is progressing steadily. GMIN is the 100 per cent owner of the Oko West Gold Mine which is estimated to hold 5.4 million ounces of gold located in […] The post Oko West gold mine wharf landing progressing steadily – GMIN appeared first on Kaieteur News.

Other

60 h. ago ‘Govt. will not abandon rice farmers’ – Agriculture Minister 

Kaieteur News – The Minister of Agriculture, Zulfikar Mustapha on Tuesday said that the Government of Guyana (GoG) will not abandon rice farmers, stemming from comments made by former Finance Minister, Winston Jordan. During a live broadcast two Sundays ago, Jordan told viewers that the wanton handout of various subsidies to support the industry was […] The post ‘Govt. will not abandon rice farmers’ – Agriculture Minister  appeared first on Kaieteur News.

Other

3 d. ago Exxon chief sought security assurances for gas terminal from Mozambique president, FT reports

(Reuters) – ExxonMobil’s XOM.N chief executive Darren Woods sought assurances from Mozambique’s president Daniel Chapo last week about security for a proposed $30 billion gas terminal in the country ahead of a decision to greenlight the project, the Financial Times reported today. The article Exxon chief sought security assurances for gas terminal from Mozambique president, FT reports appeared first on Stabroek News.

Other

3 d. ago Venezuela’s Maduro readies security powers in case of feared US attack

CARACAS, Sept 29 (Reuters) – Venezuelan President Nicolas Maduro has signed a decree granting him additional security powers in case the U.S. The article Venezuela’s Maduro readies security powers in case of feared US attack appeared first on Stabroek News.

Other

3 d. ago Caricom countries should work out a common regime to deal with huge corporations descending on the region

Dear Editor, One of the benefits that the leaders and the people of the region had hoped was that with the creation of CARICOM, the regional governments would have been acting together. The article Caricom countries should work out a common regime to deal with huge corporations descending on the region appeared first on Stabroek News.

Other

3 d. ago Straightforward evidence of poor scheduling and lack of proper planning in abundance on Railway Embankment project

Dear Editor, Infrastructural development plays a crucial role in national growth, economic development and overall improving the quality of life for the population. The article Straightforward evidence of poor scheduling and lack of proper planning in abundance on Railway Embankment project appeared first on Stabroek News.

Other