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Tullow Oil stops drilling on its BP-like well at Jaguar-1 offshore Guyana

Tullow Oil

Drilling operations at the Jaguar-1 well in the Georgetown Block, Guyana, have ended and the well will be plugged and abandoned at a depth of 4,876 metres, without reaching the primary objective, according to a Tullow Oil press release.

Bank of Baroda opens new branch at Montrose, ECD

Sam Hinds

The Bank of Boroda opens its new 50million sub-branch at lot 30 tract "A" Montrose East Cost Demerara yesterday Monday the 26 about 4:30 pm. The banks ribbon which was cut by Prime Minister Samuel Hinds who also declared the financial institution operational. The minister noted that is the growing of number of banks in areas such as Parika, and diamond.

Exxon Mobil in Guyana to meet with President Donald Ramotar

Exxon

President Donald Ramotar met today with officials from ExxonMobil Exploration, who are in Guyana for their semi-annual meeting.
The two sides discussed the progress of offshore exploration in the country.
ExxonMobil is pursuing a drilling project on a deepwater offshore block through a joint venture with Shell, and has already shot a large seismic survey.

Digicel Opens five new outlets in Guyana

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Digicel (Guyana) Inc in celebration of its fifth anniversary is opening the doors of five brand new outlets with improved mobile services.

Helicopters arrive in Guyana to support offshore oil exploration

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Three civilian helicopters arrived in Guyana over the weekend in preparation for deep sea oil exploration activities set to get underway soon by two major energy companies currently operating in the South American country.

Greenheart Group (Stock) with operations in Guyana is hurt by fraud claims

Greenheart Group mill

Shares of Greenheart Group, the Hong Kong-listed subsidiary of embattled mainland timber company Sino-Forest, were dragged down yesterday by fraud allegations against its parent.

U3O8 (Company exploring for Uranium in Guyana) shares up on confirmation of 2nd uranium-bearing shoot at Kurupung

U308

U3O8 Corp (CVE:UWE) announced Wednesday drill results from its Kurupung Batholith project in Guyana, confirming the extent of a second uranium-bearing shoot at the Accori North C strucure. The news sent the uranium explorer's shares up by more than 10%, to trade at $0.54 on April 20, 2011.

Venezuelan state bauxite and alumina company imports another 800,000t of bauxite from Guyana

Bauxite Crushing Plant

Business News
Venezuelan state bauxite and alumina company imports another 800,000t of bauxite from Guyana
April 15, 2011
Venezuelan state bauxite and alumina company Bauxilum is expecting the first shipload of bauxite, part of the 800,000t of ore that it is importing from Guyana and Brazil, to arrive on April 20, an aluminum industry union leader told BNamericas.

Guyana Gold's Zanic facing up to 30 months in jail

GYGC
New York prosecutors have recommended a sentence of up to 30 months in jail for John Zanic, 50, the Vancouver promoter who pleaded guilty to charges stemming from a 2008 broker bribery scheme. Prosecutors say he was behind a "blatant scam" in which he paid kickbacks to have brokers buy shares of pink sheets listing Guyana Gold Corp.

Potential Internet Gambling in Guyana South America

Internet Gambling

The need for cash in some South American countries has led governments in that huge region of the world to consider the advantages of allowing the online gambling industry to set up in their nations.

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