Dec 03, 2019 News
EXXON-Mobil Drillship
Analysts believe that Guyana is currently the King of ExxonMobil’s portfolio and that the sulphur finds recently reported by Tullow which caused its shares to plummet were overblown and that the more recent hammerhead find by ExxonMobil is in fact profitable.
In fact, the company is looking to extract at least US$10B from its planned production at the Liza I, II and Payara developments.
According to market reports, analysts yesterday reported that despite the geopolitical risks involved in developing Guyana’s offshore potential considering nearby’s Venezuela’s claim to the Essequibo region, the region will be a long-term cash cow. Continue reading →
Dec 02, 2019 News
President David Granger on November 30 said Iwokrama must change to survive while assuring that the area will be the home of an International Institute for Biodiversity to support its educational efforts.
“The Institute will allow students and researchers from the Continent, the Caribbean and the rest of the world to come to Iwokrama to study its biodiversity and to increase knowledge and understanding of our vital ecosystems,” President Granger said at the 30th anniversary of the Pledge of the one million acres of Iwokrama forests to the international community held at the Umana Yana. Continue reading →
Dec 03, 2019 News
– no more Director-General for Foreign Affairs
– Charlene Phoenix new Permanent Secretary
A number of long-serving ambassadors are facing the end of their tenure.
Foreign Service HQ. Georgetown
The decision was yesterday announced by the Ministry of Foreign Affairs.
The shake-up would come with the Ministry also yesterday confirming a report over the weekend by Kaieteur News that Director-General Audrey Jardine-Waddell will no longer be there and will be reassigned. Continue reading →
