Invest for all Guyanese!

first_imgOil production… former T&T Energy Minister advises Govt… disagrees with Sovereign Wealth Fund ideaGuyana is poised to become the world’s latest oil producing nation. When that happens, it is expected that Guyana will earn revenues that was previously notFormer T&T Energy Minister Kevin Ramnarine addressing the gathering in Guyanaobtained. However, oil fields do not last forever and according to former Trinidad and Tobago Energy Minister, Kevin Ramnarine, local industries to outlast the oil boom must be created. He also encouraged the Government to invest portions of the oil wealth into social programmes, health care and scholarship opportunities, among other ventures.Ramnarine was at the time addressing a gathering at Savannah Suites, Pegasus, during the first lecture hosted by the Guyana Oil and Gas Association. He spoke about the ways that the Guyanese people can really benefit from the oil find.The former Minister noted that there is an infrastructure deficit in Guyana when compared to other countries, which must be fixed. Ramnarine used comparisons with Norway, a prominent oil and gas producer, in explaining that Guyana had some catching up to do with its standards of living and infrastructure.“When Norway discovered oil in 1969, Norway was pretty well off. In fact, Norway was marginally less rich than the richest country in Scandinavia, Sweden. And Norway already had pretty well established universities.”“Norway in 1969 and Guyana in 2017 cannot be compared. Some people believe that all the oil wealth should be saved and put in the (Sovereign Wealth Fund). I disagree. There is an infrastructure deficit that has to be cured in this country and a portion of the oil wealth should be spent on health care, education and infrastructure, because Guyana is Guyana.”Ramnarine spoke about the importance of creating a services sector which will live on for generations. He used the example of Levi’s, a company that started out making rugged jeans for gold miners in California. Decades after the gold rush tapered out, Levi’s is a world renowned company and brand.“The public in Guyana will only benefit if industries are established downstream of oil and gas.”He pointed out that Trinidad had developed its skill base, to the extent that it exported skills. Ramnarine advised that some of the monies collected from the production sharing contract between the Government of Guyana and ExxonMobil could go towards funding scholarships in the sphere of geosciences, including petroleum engineering, economics and law.That being said, Ramnarine acknowledged the reality that not everyone could be accommodated in those fields.“Not everyone can be an engineer or a geologist. The oil industry is not all about (those professionals). There are people who work as welders, technicians and operators and the training for that happens in the companies or in different schools.”“Some of those people go on to make quite a bit of money, especially our welders, who are in high demand all over the world. Training does not only have to be in degree type areas. There has to be training in technical and vocational areas too.”As per the Production Sharing Agreement (PSA) signed between Guyana and United States-based ExxonMobil, Guyana stands to gain a percentage from every barrel of oil extracted by Exxon. However, this agreement is currently under review.Even before the first announcement of an additional oil find in the Payara -1 well, ExxonMobil had pegged oil production at 100,000 barrels a day. Guyana is currently in the drilling phase, with production expected to start by 2020.ExxonMobil Country Manager, Jeff Simon, addressing the media at a press conference last year, had stressed that ExxonMobil would not be able to provide thousands of jobs to Guyanese. However, Simon had advice similar to Ramnarine’s to impart.“The greatest benefit is the revenue stream provided to the country,” he had said. “If job creation is critical, then take some of that money and put it into areas where job creation could be exponential relative to what we are talking about here.”On Thursday last, ExxonMobil announced that more oil was found offshore Guyana.The Texas-based oil and gas company said the well was drilled by ExxonMobil affiliate Esso Exploration and Production Guyana Limited, and encountered more than 95 feet of high-quality, oil-bearing sandstone reservoirs. It was safely drilled to 18,080 feet in 6660 feet of water. The Payara field discovery is about 10 miles North-West of the 2015 Liza discovery.In addition to the Payara discovery, appraisal drilling at Liza-3 has identified an additional high quality, deeper reservoir directly below the Liza field, which is estimated to contain between 100-150 million oil equivalent barrels. This additional resource is currently being evaluated for development in conjunction with the world-class Liza discovery.Drilling on Payara began on November 12, 2016, with initial total depth reached on December 2, 2016.In May 2015, Exxon confirmed its significant oil discovery at its Liza 1 exploration well, where more than 295 feet of high-quality oil-bearing sandstone reservoirs was encountered.last_img read more

Dead bandit identified, Policeman and others arrested

first_imgTuschen Chinese restaurant robberyBy Shemar AlleyneOne of the five bandits in Friday night’s robbery on 5 Star Chinese Restaurant at Lot 695 Tuschen New Housing Scheme, East Bank Essequibo (EBE) has been identified as Constable Jonathan Harry, who is attached to the Special Branch at Eve Leary, Georgetown.Dead bandit: Mark PrinceHis accomplices were Mark Prince, of no fixed place of abode — who was shot and killed— and Shaquille Wilbury, of Buxton, East Coast Demerara— who was shot and injured. He is currently receiving medical attention at the Georgetown Public Hospital Corporation (GPHC).The gun found in getaway carIn addition, Jonathan Henry, 24, of East Ruimveldt, and Akande Ross, 20, of Herstelling, East Bank Demerara were also arrested and are assisting with the investigations.Initial reports by the Police stated that Guang Hong Wang, 43, proprietor of the 5 Star Chinese Restaurant, and her husband operate the food establishment located in the lower flat the premises, while Navindra Lakahalall, 37, of Zeelugt New Housing, Scheme, EBE was a customer.The money and other items found on captured banditsOn the night in question, Lakahalall was in the restaurant when one of the male suspects and a female entered and purchased two beverages.Soon after they consumed the beverages, they ordered a case of beers and in the process of Wang delivering same, the male suspect whipped out a handgun and relieved her of two cell phones and an undisclosed sum of cash.He then turned his attention to Lakahalall and relieved him of one silver chain and an undisclosed sum of cash. In the height of the robbery, the three other suspects entered.However, a licensed holder of a handgun who lives nearby heard the commotion and immediately went to investigate and was attacked by the armed suspect and another with a cutlass.As such, he was forced to discharge several rounds in their direction after which the suspects fled the premises in motor car PTT 8606 that was parked nearby, leaving their accomplice Prince, who was wounded at the scene.The Police were contacted and the vehicle was intercepted at a roadblock on the public road in front of the Den Amstel Police Station.At the time, the car had three occupants— one was in the backseat with what appeared to be a gunshot wound. He was questioned, arrested and taken to the GPHC, where he was admitted in stable condition.An unlicensed pistol with an empty magazine was found in the vehicle along with an undisclosed sum of cash and cellular phones.However, Prince, who was at the scene in a motionless state, was shot to the neck and died on the spot. A cutlass was in his right hand and a haversack was on his back.He was escorted to the Leonora Cottage Hospital where he was pronounced dead on arrival. A search on his person revealed $130,000.At the scene on Saturday, the homeowner recalled the horrific incident to Guyana Times.“I was in Georgetown last night and I came back shortly after eight… As I entered my side of the house, I called out to my wife and son and they were apparently asleep, so I proceeded to take out my food and I sat down at the table. I heard a male voice in the apartment next door and I found it strange since the Chinese usually communicate in their language and at that hour. The Chinese woman was telling the person something about money and it was then I realised that something was amiss”.According to him, he went to investigate and it was then he was attacked by one of the men with a cutlass.“I picked up my firearm and when I went around and I peep in and I called for her one male leaned out of the room with a gun and I fired a shot at him and took cover. The other start shouting kill that man! Kill that man!! And one of them approached me by the door but I was alert… He fired a chop and I shot him maybe once or twice…he fell to the ground,” the licensed firearm holder explained.The man immediately contacted the Police but while doing so, he went in pursuit of the getaway car. “The Police set up a roadblock at Den Amstel, West Coast Demerara (WCD) and it was that which lead to the arrest of the men in the motorcar bearing registration number PTT 8606”.Monica, a young waitress at the restaurant, told Guyana Times that the male and female came into the establishment and purchased two bottles of beer.“I was at the back cleaning up because it was time for me to go home, so I hear someone called for two beer so I come out and I sell the two beer and they deh sit down and then I go back and then they called for a case beer so I come and packed the beer and went back inside. I gave the Chinese girl the case with the beer and it was then the men carried out the attack.”Meanwhile, Police are on the hunt for the female accomplice who escaped from the scene.last_img read more

Mahrez’s Leicester return sets up chance to impress City

first_imgLeicester have struggled without their star midfielder, losing 2-1 at Everton before failing to beat struggling Swansea City 1-1 at home last weekend.Mahrez appeared to have been ruled out of Saturday’s match at the Etihad by Leicester manager Claude Puel when he addressed the media on Thursday and an immediate return still looks unlikely.However, Mahrez’s sudden U-turn could see Puel provide him with the perfect platform with which to show City why they should maintain their interest when the transfer window reopens in the summer.“I hope he can come back and work hard with the team sooner rather than later, of course, we will see,” Puel said.“The most important thing for me is to keep Riyad and the club and the fans united and in a good way about this. It is important to keep a good feeling together through these difficulties.”According to Sky Sports, Mahrez has been hit with a £240,000 ($334,000) fine for failing to report to training over the past week.The Paris-born player’s frustration is born out of Leicester’s astronomical demands for a player they signed for a reported £350,000 from French second division side Le Havre in 2014.– Transfer request –Despite a second transfer request from Mahrez in eight months, Leicester reportedly held out for £80 million, with even City’s cash-rich Abu Dhabi owners apparently unwilling to go beyond a deal worth £50 million plus a player City valued at £15 million, believed to be 21-year-old winger Patrick Roberts who is currently on loan at Celtic.“I want him to come back soon and play, because we enjoy watching him,” said City boss Pep Guardiola on the prospect of facing Mahrez.“I hope he’ll come back soon with Leicester and play at his level.”City had been forced into trying to find a quick fix when German winger Leroy Sane was ruled out for at least six weeks by ankle ligament damage, joining a growing injury list of attacking players.Adding to Mahrez’s anger is that other heroes of Leicester’s stunning title-winning triumph in 2015/16 — N’Golo Kante and Danny Drinkwater — have been allowed to leave the club and join Chelsea with far less resistance.However, the club and player could come to a mutually beneficial agreement at the end of the season despite the tension arising from the recent stand-off.Leicester’s hand may finally be forced by the fact that Mahrez will have two years left on his contract, the point at which many clubs choose to cash in before the value of their prized assets start to depreciate.While City may not be in such a desperate situation there could still be a queue for his services, with earlier reported claims in the French media that Liverpool were interested in a player who could fill the creative void left by Philippe Coutinho’s £142 million departure to Barcelona.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Riyad Mahrez could make a dramatic return for Leicester City against Manchester City on Saturday after ending his self-imposed exile and returning to training © AFP/File / Ben STANSALLLONDON, United Kingdom, Feb 9 – Riyad Mahrez ended his self-imposed exile from Leicester City on Friday, opening up the possibility of a dramatic return against Manchester City, whose pursuit of the Algerian provoked Mahrez’s stand-off with the Foxes.Mahrez, 26, has missed two Premier League matches and had not trained with the team since the move he desperately wanted to runaway leaders City fell through due to Leicester’s demands on January 31, transfer deadline day.last_img read more

FAI chief confirms organisation was paid millions to not contest Thierry Henry’s infamous World Cup handball

first_img1 John Delaney John Delaney has confirmed the Football Association of Ireland (FAI) was paid millions of euros by FIFA to not contest Thierry Henry’s infamous World Cup handball through the courts.Henry handled the ball in setting up William Gallas’ extra-time goal which ultimately sent France through to the 2010 finals in South Africa at the expense of the Republic of Ireland.The incident, in the second leg of their play-off which finished 1-1 to give France a 2-1 aggregate win, was not spotted by Swedish referee Martin Hansson and left the FAI fuming.Chief executive Delaney has revealed he made his feelings known in a no-holds-barred exchange with FIFA president Sepp Blatter – who announced this week he will step down – and the outcome was a financial agreement between the two parties. Reports last year claimed the payment was five million euros.Delaney told RTE Radio 1: “We felt we had a legal case against FIFA because of how the World Cup play-off hadn’t worked out for us with the Henry handball.“Also the way Blatter behaved, if you remember on stage, having a snigger and having a laugh at us. That day when I went in, and I told him how I felt about him, there were some expletives used. We came to an agreement.“That was a Thursday and on Monday the agreement was all signed and all done. It’s a very good agreement for the FAI and a very legitimate agreement for the FAI. I’m bound by confidentiality for naming the figure.“You’ve put a figure out there and fair play to you. It was a payment to the association to not proceed with a legal case. In there, they signed a confidentiality agreement where I can’t talk about the amount involved.“You used a figure there, well done to you, but it was a very good and legitimate deal for the FAI.”Ireland turned in arguably their best performance under former boss Giovanni Trapattoni at the Stade de France and were brimming with confidence when Robbie Keane’s 33rd-minute strike cancelled out a first-leg deficit.However, Gallas’ late equaliser broke Irish hearts with television replays clearly showing Henry’s offence, for which he later apologised.France failed to make it out of their group in South Africa, taking just a point from their three first round games.last_img read more


first_imgPlans to build a new factory in Co Donegal are in doubt after an objection that employees’ car will damage the local environment and cause pollution.Owner Michael McCloskey.The owner of the cosmetics factory, which is already located in Kilcar, wants to build a purpose-built factory and double its workforce from five to ten.But An Taisce have officially objected to the new facility saying it is against the County Development Plan in that it will bring more traffic into such a rural area.Michael McCloskey, owner of Algaran Teo at Kilcasey in Kilcar, is seeking planning permission to build a seaweed cosmetic factory beside the house where the factory is currently located.There are five employees at present in the factory, which makes cosmetics from seaweed harvested locally.The development would increase the use of cars in the area, where there is very limited public transport, and this would be against the County Development Plan, according to An Taisce.Part of an objection letter from An Taisce to Donegal County Council states “A dependancy   on private travel would give rise to an increase in greenhouse gas emission and would be contrary to policies laid out in the Donegal County Development Plan.”But Eunan Mac Cuinneagáin, board member of Údarás na Gaeltachta, told RTE’s Raidio na Gaeltachta, that he had reacted with disbelief at the correspondence from An Taisce.“An Taisce says on its website that it is working on behalf of the community. We all agree that the environment must be protected, but I don’t think this type of thing is helpful. It’s unbelievable.“What are we going to do, close down all Gaeltacht areas because people are using cars? It’s unbelievable…. Maybe this is a decision made by someone in an office in a city somewhere, where there is public transport to get people to work … but that’s not the case in rural areas. When I heard this first, I thought it was a pretence, that someone was joking and that the story wasn’t true, but then I saw the letter myself this morning … It’s very serious.”He said he would be raising the matter at a meeting of Údarás na Gaeltachta, and hoped they could impress upon the County Council and An Taisce the importance of allowing developments like this to go ahead.The Minister for State for the Gaeltacht, Joe McHugh TD, said small rural communities had to be sustained, and that jobs were badly needed in areas such as Kilcar.He said that is was the government’s job to ensure that and that he would be raising the issue with the Department.The letter from An Taisce to Donegal County Council.  DONEGAL SEAWEED FACTORY IN DOUBT AFTER CLAIMS THAT WORKERS’ CARS WILL CAUSE POLLUTION was last modified: July 12th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Algaran Teocarsdonegalfactorykilcarobjectionpollutionseaweedlast_img read more

Substance abuse now a girl thing

first_imgNEW YORK – In a reversal of past trends, teenage girls are trying marijuana, alcohol and cigarettes at higher rates than boys, the White House drug czar said Thursday. The findings from a new government analysis come even as teen drug use is declining overall. The National Survey on Drug Use and Health, released by John Walters, the national drug policy director, indicates 1.5 million girls ages 12 to 17 started drinking alcohol in 2004, the most recent year for which data is available. That compares with 1.28 million boys. Among the same age group, 730,000 girls started smoking cigarettes in 2004, compared with 565,000 boys, and 675,000 girls starting using marijuana, compared with 577,000 boys, the survey found. “Boys and girls react to drugs differently,” said Dr. Warren Seigel, past president of the New York State chapter of the American Academy of Pediatrics. Seigel said research has shown that girls might become addicted to nicotine faster than boys and that even moderate drinking can disrupt their growth and the development of their reproductive systems. “It’s imperative that parents understand that these differences exist, and understand the differences between girls and boys, because it requires some different parenting skills,” he said. Dr. Ralph Lopez, an associate professor at Cornell University’s Weill Medical College and author of “The Teen Health Book: A Parents’ Guide to Adolescent Health and Well-Being,” said teenage girls are at risk for drug and alcohol use because they feel pressure to succeed academically and also to look perfect. “They have to be skinny and gorgeous,” he said. “We don’t do that to the boys.” Lopez said many parents are afraid to confront their children about drugs. “I’m afraid that our parents have dropped the ball in many cases,” he said. “I have a line in my practice that if you are popular with your kids, you’re doing something wrong.” 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card The nationwide survey, based on interviews with 70,000 families, also found that girls surpassed boys in abusing prescription drugs. Of the youths surveyed in 2004, 14.4 percent of girls and 12.5 percent of boys reported misusing prescription drugs. “This is the first time that we’ve recorded this kind of relationship between boys’ and girls’ drug use,” said Walters. “In the past, boys have had higher rates of use – and significantly higher rates of use at certain times in the past.” Overall illicit drug use among young people 12 to 17 has declined 19 percent since 2001, according to the survey. “In order to drive it down further, we have to deal with today’s substance abuse reality, and today’s reality is, girls have been using at higher rates than boys in critical areas,” Walters said. Experts who joined Walters at a news conference in a Manhattan hotel said girls’ use of drugs, alcohol and cigarettes is particularly alarming because girls are more vulnerable to their effects. last_img read more


first_imgBernard Gallagher from Killybegs won €17,000, including a City Break, at the National Lottery’s Money Spinner event held at National Lottery offices in Dublin.Pictured at the presentation of winning cheques were, from left to right: Brian Ormond, Money Spinner Host; Bernard Gallagher, the winning player; Ronan Leech, Marketing Development Manager, The National Lottery and Bernard’s family and friends surrounding him, including his wife Sarah (centre) and his mum Josephine, who bought the winning ticket (centre right).The winning ticket was purchased in Columba Diver’s Newsagent, Main Street, Ardara. KILLYBEGS MAN CELEBRATES LOTTO WIN was last modified: June 23rd, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Killybegslotto winlast_img read more

Latest: QPR 0 Bournemouth 0

first_imgCharlie Austin had QPR’s only chance of note during a lacklustre first 20 minutes at Loftus Road.Austin had a header comfortably pushed to safety by ex-Rangers keeper Lee Camp shortly after Bournemouth’s Matt Ritchie fired over from long range.Keen for his team to bounce back from Saturday’s surprise defeat at Doncaster, former Bournemouth man Harry Redknapp made major changes.The Rangers boss switched to a 4-4-2 formation, with Andy Johnson up front and on-loan Tottenham midfielder Tom Carroll in the starting line-up following his recovery from an ankle injury.The fit-again Junior Hoilett was also given a starting place, with Niko Kranjcar, Matt Phillips and Jermaine Jenas dropping to the bench.QPR (4-4-2): Green; Simpson, Dunne, Hill, Assou-Ekotto; Carroll, Barton, O’Neil, Hoilett, Johnson, Austin.Subs: Murphy; Traore, Phillips, Jenas, Kranjcar, Henry, Young.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 Follow West London Sport on TwitterFind us on Facebooklast_img read more

Latest: Fulham 0 Wolves 0 – tepid start to FA Cup clash

first_imgFulham’s senior players were the most prominent during a docile first 20 minutes at Craven Cottage.Scott Parker, protecting the back four, was neat in possession while Hugo Rodallega’s movement gave Wolves’ back four a workout.The Colombian was the first to work either keeper, as his deflected shot was comfortably claimed by Carl Ikeme.Parker then almost found Rodallega’s head with a lofted pass but it was just beyond the striker.Cauley Woodrow squandered the clearest chance when he blazed over the bar from just inside the box.Wolves have looked to counter down the flanks but full-backs Jack Grimmer and Kostas Stafylidis have kept the doors closed, with Shaun Hutchinson and Nikolay Bodurov dominant in the air.Whites boss Kit Symons named an attacking side, with Lasse Vigen Christensen making a quicker than expected recovery from a hamstring problem. Fulham:  Bettinelli; Grimmer, Hutchinson, Bodurov, Stafylidis; Parker; Christensen, Fofana; McCormack; Rodallega, Woodrow.Subs: Kiraly, Burn, Kavanagh, Roberts, Ruiz, Williams, Dembélé. Wolves:  Ikeme; Iorfa, Batth, Stearman, Doherty; Evans, Price, Henry, Edwards, Sako; Clarke.Subs: Kuszczak, Saville, Ricketts, McAlinden, Ebanks-Landell, Jacobs, Dicko.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Sweeping takeaways as A’s cast eyes toward Toronto, Vlad Jr.

first_imgOn this date last year, the A’s won their 13th game. The team had just moved into third place, riding a four-game win streak and was living in relative obscurity. A loud 84 wins from that point on shocked the baseball world.The 2019 A’s season is sketching out in a similar fashion — the team’s 6-5 walk-off victory against the Texas Rangers marked win No. 14. But the image for success this time around is vividly drawn.What’s different? The unknown potential is known potential. These A’s know …last_img read more