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Bloomberg’s warning

Editorial… (Kaieteur News) – When one of the world’s most influential financial publications sounds the alarm about Guyana’s future, those in authority would do well to listen instead of dismissing criticism as the work of political opponents or so-called anti-development voices. Bloomberg Opinion’s recent analysis, Oil’s Curse Is Hanging Over the World’s Fastest-Growing Economy, should serve […] The post Bloomberg’s warning appeared first on Kaieteur News.

Kaieteur News3d ago

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The Maritime Administration Department is seeking marine salvage contractors to recover the wreck of the MV…

The Maritime Administration Department is seeking marine salvage contractors to recover the wreck of the MV Barima, the passenger and cargo ferry that sank off the Essequibo Coast on July 18.

Ignite News3d ago

Fisherfolk body urges public to ignore rumours, continue buying local fish

The Guyana National Fisherfolk Organisation (GNFO) is urging the public not to be swayed by misinformation circulating on social media,…

Newsroom3d ago

For more than 20 years, Renee Chester has made her mark as a makeup artist, beauty educator, and cosmetic…

For more than 20 years, Renee Chester has made her mark as a makeup artist, beauty educator, and cosmetic retailer. In the high-demand industry, Renee believes there are opportunities to expand — and in an interview with Fueled, she outlines what she would do with $3 million in…

Newsroom3d ago

Exxon made US$160 million per day in last quarter as oil prices surged

(CNN) Big Oil is minting money. ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits on Friday driven by the spike in global oil prices unleashed by the US-Iran war. Exxon raked in US$14.5 billion in profit during the second quarter, more than doubling its year-earlier earnings and its highest haul since […] The post Exxon made US$160 million per day in last quarter as oil prices surged appeared first on Kaieteur News.

Kaieteur News3d ago

Oil price rises after Iran says it stops ships in Hormuz

(Reuters) – Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz, underscoring concerns over global energy supplies following a drone attack on ships in a Mediterranean Egyptian port this week. Iran said four other tankers turned back after its forces intervened, although the Iranian […] The post Oil price rises after Iran says it stops ships in Hormuz appeared first on Kaieteur News.

Kaieteur News3d ago

Fifth FPSO sets sail to Guyana – ExxonMobil reveals to investors

(Kaieteur News) – ExxonMobil Corporation in its second quarter earnings presentation on Friday revealed that the fifth Floating Production Storage and Offloading vessel (FPSO), Errea Wittu which means “abundance” has set sail to Guyana. The vessel will produce hydrocarbons at the Uaru project, the fifth offshore deep-water development in the Stabroek Block. Uaru will add 250,000 […] The post Fifth FPSO sets sail to Guyana – ExxonMobil reveals to investors appeared first on Kaieteur News.

Kaieteur News4d ago

African drummers and singers perform at the World Trade Centre Georgetown (WTCG) Emancipation Celebration…

African drummers and singers perform at the World Trade Centre Georgetown (WTCG) Emancipation Celebration Mixer, held under the theme 'Breaking Barriers, Building Businesses: The Journey from Emancipation to Economic Empowerment'. The event brought together vibrant cultural…

Ignite News4d ago

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