Caribbean News

Guyana should get about US$10 billion annually from oil production in a few years

Guyana should get about US$10 billion annually from oil production in a few years

By the end of the decade, Guyana should get about US$10 billion (or about G$2 trillion) annually from royalties and its share of oil profits due to production in the lucrative Stabroek Block offshore, an ExxonMobil Guyana Limited official said Tuesday. “By the end of the decade, particularly once costs have been recovered, we expect
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Second terminal for CJIA soon; other major works ongoing

Over the years there has been a “significant” increase in air traffic at the Cheddi Jagan International Airport, the country’s main port of entry. So, to ensure smooth processing and the comfort of passengers, efforts are ongoing to enhance the airport. This will include the construction of a second terminal building. “That new terminal of
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Essequibo contractor dies after crashing into trucks at Riverstown

An accident claimed the life of 28-year-old Kevin Bacchus, a young contractor from Queenstown, Essequibo on Wednesday night along the Riverstown Public Road. Reports indicate that Bacchus, who had stopped in Riverstown to carry out work on his vehicle after returning from Georgetown, entered a canter to transport materials. While returning, the canter reportedly collided
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GCB equips Guyana Blind Cricket Association

Press Release from the Guyana Cricket Board The Guyana Cricket Board (GCB) once again has demonstrated its commitment to the development and inclusivity of cricket across the country by donating a quantity of cricket gear to the Guyana Blind Cricket Association (GBCA). The presentation took place at the GCB’s office in Georgetown and included a
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MODEC partners with PAC to rehabilitate animal enclosures at Zoo

MODEC partners with PAC to rehabilitate animal enclosures at Zoo

MODEC has announced a new partnership with the Protected Areas Commission (PAC) to rehabilitate two animal enclosures at the Guyana Zoological Park, reinforcing its commitment to environmental conservation and community development. The initiative, valued at $4.5 million, represents a significant investment in the zoo’s infrastructure, aimed at improving the living conditions of the animals and
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One Guyana champs Ravens aim to continue winning ways in Dominica

The Ravens Basketball Club will embark on a historic first for Guyana Basketball as it seeks to make a name for itself in the Kreyol Basketball Championships in Dominica. The Kreyol Basketball Championship is organised by the Caribbean Sports and Sustainable Development and In Nature Tours. The aim is to bring together the best clubs
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Insured! Petra Organisation seals partnership with Demerara Mutual

In a major boost for school football in Guyana, Demerara Mutual has officially partnered with the Petra Organisation for the first time, committing to support and provide insurance coverage for all of Petra’s remaining football programmes for 2025. The announcement was made during a special presentation ceremony held at Demerara Mutual’s Conference Room, Robb Street
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Sport Minister backs Eagles’ flight to Dominica for Kreyol Basketball Championship

The Ministry of Culture, Youth and Sport has officially backed Eagles Basketball Club as they gear up for international competition in Dominica, where they will join Ravens Basketball Club to represent Guyana at the 2025 Kreyol Basketball Championship, running from June 6-10. This year’s edition of the championship, set to unfold at the Massacre Indoor
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Two ECD men remanded after caught sleeping with stolen car in Lusignan backlands

Two men accused of hijacking a taxi and assaulting its driver were on Wednesday remanded to prison after appearing before the Vigilance Magistrate’s Court. The accused have been identified as 22-year-old Shawn Prince, an auto bodywork technician of Lusignan, and 26-year-old Nick Sumair, a construction worker of Good Hope Phase 2—both from the East Coast
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Rise Guyana announces final close of US$29M real estate, infrastructure fund

Rise Guyana has announced the final close of its first private investment fund, securing US$29 million. The fund is the first of its kind—an institutional real estate and infrastructure vehicle dedicated exclusively to Guyana. Backed by international investors from the United States, United Kingdom, Europe, South America and the Middle East, the fund aims to
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