Guyana News
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Petrominerales Ltd.’s debt load and 50 percent stock drop has created a bargain for energy companies looking to acquire assets in South America’s third-biggest oil producing country.
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At Prep for Prep’s Lilac Ball last night, honoree Ralph Schlosstein, chief executive officer and president of Evercore Partners Inc., said math was his favorite subject at Central High School in Philadelphia.
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On a patch of barren savannah in eastern Colombia, a settlement called Oasis has sprung to life in five years. Hundreds of oil workers and truck drivers relax on a February evening in some 40 hotels, bars, eateries and brothels made mostly of corrugated metal sheets.
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Caribbean Airlines Ltd. said Guyana’s Civilian Aviation Authority will lead the investigation into the crash landing of a Boeing 737-800 this past weekend that injured dozens of passengers. No one was killed.
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Brazilian President Luiz Inacio Lula da Silva said Eletricas do Norte do Brasil SA plans to build a hydroelectric power plant on the border with Guyana.
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A former member of Guyana’s parliament accused of plotting to blow up New York’s John F. Kennedy International Airport , testifying at his terror trial, denied being a spy for Iran beginning in the 1980s.
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Guyana Goldfields Inc. has signed confidentiality agreements with six parties interested in buying the company and its Aurora gold project in the South American country, Chief Operating Officer Claude Lemasson said.
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A Guyanese man who admitted to his role in a failed plot to blow up New York’s John F. Kennedy International Airport and who testified against his co- conspirators was sentenced to four years in prison.
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A Caribbean Airlines Ltd. Boeing 737-800 aircraft carrying 157 passengers and crew crashed upon landing in Guyana early today. No one was killed, though some people on the plane were injured, the airline said.
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Petroleo Brasileiro SA’s worst debt position in a decade is boosting chances the Brazilian oil company will step aside and let Exxon Mobil Corp. and Royal Dutch Shell Plc buy offshore exploration licenses in Latin America’s biggest auction this year.
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