Daily Archives: 02/22/2018

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

02/22/2018 – 11:28 pm

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 →

By guyaneseonline | Posted in Business, Guyana, Headline News Links, Oil Exploration | Tagged CGX Resources, ExxonMobil was not entitled to CGX-like contract- Jagdeo; “We are not going back on it”- govt, Guyanese Online, Opposition Leader - Bharrat Jagdeo, President Donald Ramotar | Comments (0)

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

02/22/2018 – 11:05 pm

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 →

By guyaneseonline | Posted in Business, Government, Guyana, Oil Exploration | Tagged Guyanese Online, More oil? UK company says studies point to 1 billion barrels in their block | Comments (0)

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

02/22/2018 – 7:16 pm

By guyaneseonline | Posted in Education, Government, Guyana | Tagged Guyanese Online, U.G. - University of Guyana, U.G. presents Dave Martins & Band - Seawall Bandstand - February 25. 2018, UG - University of Guyana | Comments (0)

Guyana Politics: Jagdeo’s attack on GAWU

02/22/2018 – 3:36 pm

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 →