The Government of Guyana is actively considering proposals to restart mining operations at Troy’s Resources, marking a potential revitalization for the local gold mining sector. Natural Resources Minister Vickram Bharrat disclosed this during a recent engagement with industry stakeholders. Troy’s Resources, an Australian company operating in Region Eight, began mining at the Karouni Mining Site […]
By Samuel Gillis The Guyana Oil Company (GUYOIL) has launched a new cashless payment option at three of its 24-hour service stations, in partnership with Republic Bank Guyana. This initiative aims to improve customer convenience and safety. Customers can now use cashless transactions at GUYOIL stations located in Providence, East Bank Demerara, and on Sheriff […]
Vice President Dr. Bharrat Jagdeo has unveiled the government’s ambitious plan to modernize the Guyana Power and Light (GPL) transmission network across Georgetown and other key areas. Speaking at a recent press conference, Vice President Jagdeo emphasized the critical need to stabilize GPL’s grid in light of expanding power generation capacity. He announced a significant […]
The recent spate of power outages affecting the Berbice/Demerara interconnected system has been attributed to an unusual culprit: vultures perching on Guyana Power and Light (GPL) transmission towers in Berbice. This revelation comes from Ravindra Jagnanan, GPL’s Berbice Branch Manager, who highlighted several challenges faced by the power utility in maintaining uninterrupted service. Key among […]
By Saskia Warrick Power generation in Guyana has seen significant improvements with the deployment of a power ship at Everton, Berbice. Acting CEO of the Guyana Power and Light (GPL), Kesh Nandlall, informed NCN News that the smooth operation of the power ship has led to a notable reduction in power outages across the nation. […]
In a bid to fortify protections against environmental and economic repercussions, Guyana has bolstered its oil permitting regulations, as announced by Kemraj Parsram, Director of the Environmental Protection Agency (EPA). Parsram reflected on Guyana’s journey since granting its first oil permit in 2017, highlighting the initial lack of experience in drafting comprehensive guidelines. However, leveraging […]
ExxonMobil Guyana Limited has unveiled its 2023 Annual Report, showcasing a remarkably successful financial year marked by increased production and profits despite the backdrop of lower global oil prices. According to Phil Rietema, Vice President and Business Services Manager at ExxonMobil Guyana Limited, the company experienced a highly successful 2023, with both production and profits […]
By Royan Abrams Residents of New Forest in Canje are set to receive electricity for the first time by July this year. This announcement was made by Dr. Ashni Singh, the Senior Minister within the Office of the President with Responsibility for Finance and Public Service, during a recent community meeting. The need for electricity […]
As the world’s largest countries continue to embrace Artificial Intelligence (AI) to drive technological advancements, concerns are being raised about the potential negative impact of AI on mental health. Gene Munster, co-founder of Deepwater Asset Management, a US technology investment company, warns of the significant disruptions that the AI revolution could bring to mental well-being. […]
By Samuel Sukhnandan The government has directed $200 billion, equivalent to one-third of its earnings from the petroleum sector, towards the growth and development of the housing industry. This investment aims to make house lots more affordable for the public. General Secretary of the PPP, Dr. Bharrat Jagdeo, provided these details during his weekly press […]