Exxon Mobil Corp has discovered oil off the coast of Guyana, the company and the South American nation's government said on Thursday, potentially inflaming a long-running territorial dispute with neighboring Venezuela.
Guyana voted Monday in early elections pitting embattled President Donald Ramotar against an upstart opposition alliance seeking to unite voters across racial lines with its calls to end corruption.
Exxon Mobil says plans are in place to start exploratory drilling in Guyana this month. In a release it was disclosed that the Guyana Minister of Natural Resources Robert Persaud, met with Chuck Calavan, ExxonMobil Vice President of US and Latin America and Jeff Simon, Country Manager, ESSO.
The governments of Guyana, the United States, Peru and Uruguay confirmed this week to the General Secretariat of the Organization of American States (OAS) their consent to receive on site visits as part of the Fifth Round of the Mechanism for Follow-up on the Implementation of the Inter-American Convention against Corruption (MESICIC) of the OAS.
The United States of America, Canada, and the United Kingdom have welcomed Guyana's President Ramotar’s announcement that national and regional elections will be held in Guyana on May 11, 2015. Elections are a critical first-step towards the return of a fully functioning Parliament.
Guyana President Donald Ramotar announced this week that May 11 is the date for general and regional elections in the country, less than five years after his ruling People's Progressive Party (PPP) won the polls in November 2011.
Guyana's ruling People’s Progressive Party (PPP) dismissed a warning from Britain that Guyana risks being referred to the Commonwealth Ministerial Action Group after the Caribbean Community (CARICOM) country suspended Parliament in November last year.
The United Kingdom again called on the Guyana government for the earliest possible resumption of Parliament as required by the country's constitution and Commonwealth charter, and urged the government to name a date for long-delayed general elections. Guyana is a member of Unasur, Celac and associate member of Mercosur.
One week after President Donald Ramotar suspended Parliament to avoid a no-confidence motion, Britain’s High Commission to Guyana, Andrew Ayre, has called for the swift resumption of the legislature.
The president of Guyana has suspended the national parliament to avoid MPs passing a vote of no confidence in his government. Donald Ramotar invoked an obscure constitutional procedure to carry out the maneuver.