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NewsFlash!Guyana

Business

Trade, industry and the economy — tracking how Guyana's rapid growth reaches businesses and households across the country.

‘Exxon hiding US$ billions behind cost bank myth’ – Chartered Accountant Ram

…cites glaring omissions, conflicting figures in oil companies’ financials …says auditor’s silence conceal true value of Guyana’s oil wealth (Kaieteur News) – Chartered Accountant and attorney Christopher Ram has strongly criticised the financial reporting of the ExxonMobil-led Stabroek Block consortium accusing the oil giant and its partners of producing financial statements riddled with omissions and inconsistencies […] The post ‘Exxon hiding US$ billions behind cost bank myth’ – Chartered Accountant Ram appeared first on Kaieteur News.

Kaieteur News8 Jul

U.S. reinstates sanctions on Iranian oil sales after LNG, oil tanker attacks

(Reuters) – The United ‌States on Tuesday re-imposed sanctions on Iranian oil, as a U.S. official warned that Iran’s attacks on vessels in the Strait of Hormuz were “wholly unacceptable” and would be met with consequences. Oil prices were up more than 5% following the announcement. The U.S. Treasury had ​authorized last month Iran oil […] The post U.S. reinstates sanctions on Iranian oil sales after LNG, oil tanker attacks appeared first on Kaieteur News.

Kaieteur News8 Jul

Attorney Devindra Kissoon sues KN for over $600 million in defamation claim

(Kaieteur News) – Prominent attorney Devindra Kissoon has filed a lawsuit against Kaieteur News seeking in excess of $600 million in damages over news content published in the newspaper’s April 2026 editions. In a Statement of Claim filed on 30th June, 2026, Kissoon alleges that an article titled “Conflict of interest erupts in Gas-to-Energy debacle: Govt […] The post Attorney Devindra Kissoon sues KN for over $600 million in defamation claim appeared first on Kaieteur News.

Kaieteur News8 Jul

Gas-to-Energy transmission network reaches 99% completion

(Kaieteur News) – Guyana’s Gas-to-Energy transmission network — the infrastructure that will carry electricity generated in Wales across the Demerara River and into homes, businesses and industries — is now 99 percent complete. This is according to an update provided to the Department of Public Information (DPI) by Winston Brassington, Head of the Gas-to-Energy Taskforce and […] The post Gas-to-Energy transmission network reaches 99% completion appeared first on Kaieteur News.

Kaieteur News8 Jul

Consultancy services for Mahaica-Abary Road to be financed by US$156M world bank loan

(Kaieteur News) – The Ministry of Public Works will use part of a US$156 million loan from the world bank to provide consultancy services for the reconstruction of the existing road network on the East Coast Demerara – Mahaica Bridge to Abary Bridge Road Corridor. According to a request for expression of interest published on the […] The post Consultancy services for Mahaica-Abary Road to be financed by US$156M world bank loan appeared first on Kaieteur News.

Kaieteur News8 Jul

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