Guyanese OnlineStabroek News – 03 January 2019.
Guyana Goldfields Inc. today announced the appointment of former US Ambassador to Guyana Perry Holloway as the Company’s Senior Vice President, Strategy & Corporate Affairs, effective as of January 1, 2019.
The appointment comes just days after Holloway completed his tour of duty in Guyana, and went into retirement. Continue reading
ExxonMobil’s contract will yield more royalties than gold annually
Dominic Gaskin Business Minister
Demerara Waves– March 6, 2018 – In the face of persistent criticisms of the Guyana-ExxonMobil agreement, Business Minister Dominic Gaskin on Tuesday railed against critics who see the deal as “chicken feed”, instead saying that it would yearly earn the country more than gold.
Addressing the opening of a Private Sector Commission- organised seminar under the theme “Oil and Gas in Guyana: Perspectives in Guyana”, Gaskin said he had no problem with criticisms of the contract but contended that comparisons with Ghana and Uganda amounted to “incomplete and misleading” information. Continue reading
Fewer soft loans for oil-producing Guyana; growth rate may jump to 38.5 percent- IDB, IMF
IDB Headquarters Washington. DC.
Posted by: Denis Chabrol Demerara Waves December 20, 2017
The Inter-American Development Bank (IDB), in announcing its approval of Guyana’s four-year country strategy, has cautioned that the country would eventually not be eligible for a lot of international concessional financing when it becomes an oil-producer.
“As Guyana transitions to oil and gas production by mid-2020, it is expected that the country will likely see reduced access to concessional resources from the multilateral development banks. This means that the next four years are particularly important for the IDB’s long partnership with Guyana,” the bank states. Continue reading
Guyana: Gold Board rakes in over US$700M in 2017
December 19, 2017. – Kaieteur News
The gold industry has recorded another good year.
During the recent Budget 2018 Debates, Minister of Natural Resources, Raphael Trotman said that gold continues to shine in Guyana and is contributing heavily to the economy.
Addressing the Speaker of the National Assembly, Dr. Barton Scotland, Trotman noted that for 2017, the Ministry of Natural Resources projected a gold declaration target of 700,000 ounces which when calculated, is on par with the previous year’s declaration. Continue reading
NOVEMBER is TOURISM AWARENESS MONTH in GUYANA
Guyana: Welcome to Bartica | An interview with the Mayor of Bartica – video
A Facebook Storage Facility in Sweden
Personal data is to the tech world what oil is to the fossil fuel industry. That’s why companies like Amazon and Facebook plan to dig deeper than we ever imagined
What if a cold drink cost more on a hot day?
Customers in the UK will soon find out. Recent reports suggest that three of the country’s largest supermarket chains are rolling out surge pricing in select stores. This means that prices will rise and fall over the course of the day in response to demand. Buying lunch at lunchtime will be like ordering an Uber at rush hour.
This may sound pretty drastic, but far more radical changes are on the horizon. About a week before that report, Amazon announced its $13.7bn purchase of Whole Foods. A company that has spent its whole life killing physical retailers now owns more than 460 stores in three countries.
By Prof Michel Chossudovsky – Global Research, August 24, 2017
Afghanistan
Trump calls for escalation of the war in Afghanistan. Why? Is it part of the “Global War on Terrorism”, going after the bad guys, or is it something else?
Unknown to the broader public, Afghanistan has significant oil, natural gas and strategic raw material resources, not to mention opium, a multibillion dollar industry which feeds America’s illegal heroin market.
These mineral reserves include huge veins of iron, copper, cobalt, gold and lithium, which is a strategic raw material used in the production of high tech batteries for laptops, cell phones and electric cars. Continue reading
The mining, forestry, and broadcasting sectors, among others, have been victims of an
Minister of Natural Resources, Raphael Trotman
unscrupulous culture. It is a culture which sees the close friends and families connected to government officials benefitting from revenue and/or resources which are intended for the benefit and development of the state and its people.
But this culture is not unique to Guyana. It is particularly prevalent in the oil and gas sectors around the world. As Guyana prepares for this new industry which is poised to bring gushing streams of revenue, Minister of Natural Resources, Raphael Trotman is assuring that the Government is going above and beyond to insulate the oil sector from corruption. Continue reading
GEORGETOWN, Guyana, Thursday August 10, 2017 – It’s been a golden year so far for Guyana’s lucrative gold sector.
Industry experts say production is booming and the country is well on track to meeting its targets for 2017.
According to officials, just seven months into the year, more than 360,000 ounces of gold have been produced, earning just above US$450 million in revenue.
Figures released show that as of July 31, this year, a total of 367,861 ounces had been declared.
Officials say this puts the country well on track to meeting its target of 700,000 ounces of gold and already surpasses last year’s output which had been set at 600, 000 ounces. Continue reading
Electric cars will come of age in 2018 | Oil Markets could be wrecked – 2 videos
The Economist – October 18, 2017
Electric cars will come of age in 2018 | The Economist
Electric cars will come of age in 2018. For the first time they will compete in price and performance with petrol and diesel cars. But in the year ahead we will also be confronted with some uncomfortable truths about going electric.
******** Video # 2 Below ********
Electric Cars Could Wreak Havoc on Oil Markets Within a Decade Continue reading →
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