Category Archives: finance and trade

Guyana: ExxonMobil reconfirms March 2020 for first barrel of oil production

Guyana: ExxonMobil reconfirms March 2020 for first barrel of oil production

Vice President of ExxonMobil Development Company, Lisa Walters presents a model oil barrel to Minister of Natural Resources, Raphael Trotman.

ExxonMobil on Tuesday June 12, 2018 reconfirmed that Guyana will pump up its first barrel of oil in March 2020, even as the Guyana government continued to fend off criticisms of the 2016 production sharing agreement.

Vice President of ExxonMobil Development Company, Lisa Walters said work was well advanced by several companies in Singapore, Brazil and the United States Gulf Coast to ensure that commercial oil production begins in less than two years. “We are on track for first oil in March of 2020,” she said. “In just a little over a year and a half, the Liza Destiny will deliver its first oil to its first tanker offshore,” she added.     Continue reading

Talking China with Rashleigh Jackson – By Verian Mentis-Barker – Podcast on Xpress Blogg


As China’s presence in Guyana remains on the rise and an enigma to many, we sought to chat with the Honorable Mr. Rashleigh Jackson, one of the first members of the British Guiana’s Foreign Corps under, then, Premier Forbes Burnham and subsequent icon of the country’s diplomatic community, to get his understanding of the nature of the relationship established with that country from the early days..

The Xpress Blogg Podcast takes a researched look at the current state of Politics in Guyana.


Guyana: Looking at the impact of ExxonMobil – By Adam Harris

Looking at the impact of ExxonMobil – By Adam Harris

Guyana has been a poor country for a long time, although to look at and to talk to the people, you would believe that Guyanese are like everyone else. Indeed, we find money to enjoy ourselves and we dress to emulate those who live in the affluent countries.

There are those of us who feel that life should be better if only we could get better pay. We seek to work with companies that pay better than others because we value our labour.

However, we still have the problem of people refusing to take certain jobs regardless of their qualification. It goes without saying that many are not qualified for the jobs they want, but to them that is not important.    Continue reading

Guyana and…..Worrying times for the globe – By Leonard Gildarie

Leonard Gildarie

By Leonard Gildarie – Kaieteur News – June 3. 2018

Times have changed dramatically in the last two decades.
Google, Facebook, Amazon and online shopping have emerged as powerhouses, with China, India, Canada, and of course the US, aggressively expanding.

We are now seeing high interest about the Middle East in this part of the hemisphere and we all know what is happening in Guyana with the emerging oil industry.

The world of business as we know it has evolved. People are doing deals and payments now from the comforts of their offices and homes, via their computers and smart phones. Want a part for your computer or car? Want some trendy new clothes or a sport utility vehicle in England or Japan or Miami? Yes, it is all possible now.          Continue reading

US Group funds UG’s Business School Innovation prize

The US-based philanthropic organization, the Guyana Economic Development Trust is partnering with the School of Entrepreneurship and Business Innovation (SEBI) of the University of Guyana (UG) to provide funding for an annual Guyana Innovation Prize to encourage innovation and entrepreneurship.

The organisation’s founder Oslene Carrington told Stabroek News yesterday “Several tens of thousands of US dollars are on the table for them to grow their businesses”.

Oslene Carrington

Carrington, who made a presentation during one of the sessions at the SEBI Inaugural Entrepreneurial Conference 2018 held over the past three days at the Ramada (Georgetown) Princess Hotel, at Providence, told Stabroek News yesterday that soon the Guyana Innovation Prize will award students, faculty and alumni who are engaged in innovative projects and innovative research that is connected to technology and agro-processing…..

READ MORE: US Group funds UG Business Innovation prize

Guyana: Suicide Prevention – Lay Counselor Training Program – Funding Required

The Gatekeepers’ Program

Suicide Prevention -Lay Counselor Training Program 

The Gatekeepers’ Program was launched in Guyana under former Health Minister Dr. Leslie Ramsammy to train lay counselors, individuals who would possess the skills and knowledge to be proactive first responders in tackling suicide and abuse. A number of persons who were trained under this program indicated to The Caribbean Voice that the program was beginning to make an impact when it was dropped, after Dr. Ramsammy was replaced by Dr. Bheri Ramsarran as Health Minister.

Read More: Lay Counselor Training Program – Suicide Prevention

Barbados: “Economy in dire straits” – Exchange Rate in jeopardy – IMF Report

“Economy in dire straits”

Nation News – Barbados. – 26 May 2018


Barbados’ economic situation is even more dire than initially thought – so serious that our BD$2 to US$1 exchange rate could be in jeopardy.

An analysis of the just released International Monetary Fund (IMF) Barbados Staff Report for the 2017 Article IV consultation that the Freundel Stuart administration refused to make public since January, revealed the agency was extremely concerned about Government’s inappropriate fiscal policies, poor implementation of reforms, and an overall lack of confidence, all of which contributed to Barbados’ large fiscal deficits, high debt, and low foreign exchange reserves.        Continue reading

The Geopolitics of Love and Hate: Dr. Jamal Wakim | An-Nahar

The Geopolitics of Love and Hate:

Will We See Russian Troops Parading One Day in Washington?

Dr. Jamal Wakim | An-Nahar

Like the Germans and the French before them, the Americans are attacking Russia through Ukraine –  despite a love affair which is at least a thousand years old.

Russian president Vladimir Putin chose to leave the G20 summit held in Brisbane, Australia early after being ill treated by the hosts and by the leaders of the Western World, “because he refused to give ground” in the Ukraine crisis.

The declarations of these leaders adopted the same old “innocent tone” to distance themselves from any responsibility in causing the crisis, or in solving it by accepting any agreement with the Russians.   Continue reading

The View from Europe: China’s rapidly advancing Caribbean role – by David Jessop

The View from Europe: China’s rapidly advancing Caribbean role

David Jessop

For some years now, China has sought to deepen its relations with the countries of Latin America and the Caribbean. It has done so as a part of a long-term geo-political strategy that is accompanying its rise to super power status.

Its objective in every nation in South and Central America and the Caribbean is to support development through investment and trade, and then over time to enlarge its economic, political and security role.   Continue reading

Shop At Thrift Stores? You Bet! – opinion



I recently spent a weekend in Ventura, California, and the main reason I go there is to visit their thrift stores on Main Street. Thrift store shopping has become one of my newest hobbies! From the SPARC Second Chance Store, to the Goodwill, there are so many great thrift stores to visit, a person could get lost in all the bargins found!

If you’re not someone that’s picky about wearing or using items that belonged to someone else, and you like to save money, then walking through rows and rows in any given thrift store could become your new passion as well. When I visited my first thrift store, I still remember how I felt going inside. It was a Goodwill in Hollywood, California, on Sunset Blvd. The first thing I noticed was that the store itself was huge! Rows and rows of used clothes, toys, shoes, kitchen items, books…

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