Maduro or Guyana? Caricom’s choice
By Mark Wilson – Trinidad Guardian – Published: – Sunday, October 25, 2015
“Could be a second Angola,” an ExxonMobil source last week told Upstream magazine. That’s Guyana’s offshore oil discovery. Angola produces close to two million barrels a day, around the same as Nigeria.
In August, T&T was producing 75,000 barrels.
ExxonMobil announced its Liza-1 oil find in May. Then they moved fast.
They’re talking a 2018 start-up with 60,000 barrels, ramping up quickly to three times that amount. They will use a floating production storage and offloading vessel, with no time-consuming onshore infrastructure.
ExxonMobil plans four wells offshore Guyana next year. That will cost perhaps US$800 million. Continue reading






GUYANA – LATEST NEWS – 26 October 2015
GUYANA – LATEST NEWS – 26 October 2015 – Kaieteur News
(see other News sources at the end of this entry)
Opposition objects to countrywide cleanup campaign
OCTOBER 26, 2015 – By Abena Rockcliffe – cites excessive spending — Probably being the lone voice in the wilderness, Opposition Leader, Bharrat Jagdeo has articulated concerns over the government-initiated countrywide cleanup exercise. In fact, the former President condemned the government for the amount of money that is being spent on efforts to return Georgetown to its status as […]
Was $1B ‘Clean up my Country’ fund misused?
OCTOBER 26, 2015 – probe underway after audit reveals inconsistencies – It was just last year the former PPP/C administration set aside $1B for a massive a ‘Clean up my Country’ Campaign. But under a new administration, several inconsistencies have surfaced on how that money was spent, and an investigation has been launched. At least this is according to […]
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