Category Archives: Business

Exxon commences oil recovery from Guyana’s second offshore development

Rigzone, the international online resource for news on the oil & gas industry reported earlier this week that ExxonMobil has commenced oil recovery from Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, a development which it says now brings the country’s overall production capacity to upwards of 340,000 barrels per day, […]

Food security again ‘drops in’ on regional agenda

Against the backdrop of numerous un-kept promises by Caribbean Community (CARICOM) Heads of Government to ‘put heads together’ to come up with strategies to reduce extra-regional food imports and to move closer to a condition of regional food security, the region as a whole has witnessed an inexorable climb in its food import bill, a […]

Stena Carron Falcon Logistics give to Ptolemy Reid Rehab Centre

Falcon Logistics and Stena Carron Drilling Ltd, on Friday February 14, reaffirmed their commitment to the Ptolemy Reid Rehabilitation Centre (PRRC) through a joint monetary donation of G$8.3 million to the organization. The partnership between the two companies and the local institution commenced in 2019 and to date the Centre has been the recipient of […]