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Business Guyana is a multi-media news and information service designed to provide news, trends, investment developments, interviews, panel discussions, and other business related information prmarily from Guyana to the business community locally and internationally.

25/09/2012

A prosecutor from Brazil’s Public Ministry has charged state-run oil company Petrobras with environmental crimes for a spill at its Duque de Caxias refinery that allegedly contaminated the mangroves and estuary of Guanabara Bay off Rio de Janeiro.

24/09/2012

The Guyana Geology and Mines Commission (GGMC) and Bauxite Company of Guyana Inc., a subsidiary of RUSAL, Russia’s aluminium giant, signed a multi-million US dollar investment deal last Tuesday for a 20 year Mining Licence for the Block 38 deposit in Region 10.

24/09/2012

Suriname’s fishing grounds are being cleaned out on a large scale by dozens of Venezuelan and Guyanese boats while Suriname’s Navy cannot take effective action. It is unimaginable what these boats are carrying away, says Navy commander Marino Acton.

21/09/2012

Workers at Brazilian oil-and-gas producer Petroleo Brasileiro SA, or Petrobras, rejected a pay offer made by the company late Wednesday and have threatened to stage a 24-hour nationwide strike on September 26 if their demands aren’t met.

21/09/2012

CGX Energy Inc. said on Thursday that the company is negotiating agreements with other stakeholders to undertake exploration activities under its Petroleum Prospecting Licenses (PPL) in Guyana.

21/09/2012

Two Canadian Educational and Learning Institutions signed a letter of intent and a memorandum of understanding on September 20 with the Ministry of Natural Resources and the Environment to build capacity in Guyana’s oil, gas and mining sectors, through the Guyana Mining School and Training Centre In...

19/09/2012

The price for flour is expected to increase as the National Milling Company of Guyana (Namilco) moves to institute a 6% across-the-board increase in the price for the commodity, effective September 21, 2012.

19/09/2012

Canamex Resources Corporation said on Tuesday that the TSX Venture Exchange has consented to the reduction of the exercise price of previously issued warrants to purchase a total of 10,866,000 shares to $0.30 per share, and accordingly the exercise price of the Warrants will be reduced to $0.30 for ...

17/09/2012

Oil companies operating in Brazil are running out of areas to explore and a fresh auction of oil and natural-gas concessions is urgently needed, the president of the Brazilian Petroleum Institute, or IBP, said Monday.

17/09/2012

Reunion Gold Corporation says it has concluded its planned drilling program of bedrock mineralization at its Matthews Ridge manganese project in Guyana, completing a total of 47,570 meters of diamond drilling in 735 holes and 17,361 meters of reverse circulation drilling in 283 holes.

13/09/2012

Regional carrier Caribbean Airlines Limited will now be offering scheduled non-stop flights from Georgetown to Toronto twice per week through September 9, 2015.

13/09/2012

The Amaila Falls Hydropower project is closer to becoming a reality with the signing of a construction agreement on Tuesday in China.

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