Daily Archives: February 22, 2018

ExxonMobil was not entitled to CGX-like contract- Jagdeo; “We are not going back on it”- govt

ExxonMobil was not entitled to CGX-like contract- Jagdeo;

“We are not going back on it”- Guyana government

Bharrat Jagdeo

February 22, 2018- Demerara Waves: Today, the Guyana government said definitively that it would not be revising the Production Sharing Agreement with ExxonMobil, the same day that Opposition Leader Bharrat Jagdeo questioned why government did not negotiate better contracts than those signed by former Presidents Janet Jagan and Donald Ramotar.

The 2016 agreement between government and ExxonMobil contains a number of contentious clauses that are almost identical to those contained in the CGX Resources signed by President Donald Ramotar.      Continue reading

More oil? UK company says studies point to 1 billion barrels in their block

More oil? UK company says studies point to 1 billion barrels in their block

Tullow Oil and Eco (Atlantic) Oil & Gas have identified various leads on their Orinduik block offshore Guyana that could contain more than one billion barrels of oil.

The leads are drawn from studies of several thousand kilometres of 2D data, regional well logs and seismic correlations to ExxonMobil’s nearby Stabroek block wells.    Continue reading

U.G. presents Dave Martins & Band – Seawall Bandstand – February 25, 2018

Guyana Politics: Jagdeo’s attack on GAWU

Guyana Politics: Jagdeo’s attack on GAWU

Feb 22, 2018 Kaieteur News –  Editorial 

The past few weeks have been a trying period for the sugar workers and their union, the Guyana Agricultural and General Workers’ Union (GAWU).The closure of four sugar estates by the government was criticized by the political opposition, unions, especially GAWU and sugar workers.

For years, the Guyana Sugar Corporation (GUYSUCO) was kept afloat by billions of dollars in subsidies from the government. Since taking office in May 2015, the Granger Administration pumped some $32 billion into GUYSUCO.   Continue reading

GUYANA: Capitol TV News Videos  – 21 February 2018

GUYANA: Capitol TV News Videos  – 21 February 2018

Berbice accident: Survivors share their account of the accident which claimed 12 lives; case set for March 2018 in New Amsterdam high court

Retrenched sugar workers of the closed Wale Sugar Estate staged a picketing action over their severance pay.

The much-anticipated commission of Inquiry into the 2008 Lindo Creek killings has been postponed until further notice

The impact of programmes undertaken by the FAO in Guyana will be discussed at a Regional Conference next month

An electrical contractor is nursing a gunshot injury in a City Hospital after he was attacked and robbed by bandits

Region one residents given the assurances by the Head of State, that they will be protected by the armed forces, as he reminded them the region is on the frontline with Venezuela.

Diamond Mineral Water Sports Roundup – February 21, 2018

Contestants of the 2017 I Am A Big Deal Beauty Pageant teamed up with the Police and other young people in a clean-up campaign of Rose Hall Town

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