A section of the students during the interactive sessionA number of students attached to the Upper Corentyne Industrial Training Centre (UCITC) were given insight on the country’s rapidly emerging oil and gas industry during an interactive session. The teens were lectured on the potential impact and transformation it will have on the economy.Office Manager at the Energy Department Sharon Patterson explained that through these interactive sessions, the aim is to improve the level of awareness about the oil and gas sector and what it has to offer, especially to young persons.“We want to be able to provide information and sensitise persons, regardless if it’s young people, the RDC, or religious groups. We want to provide information on the sector and what it offers. Additionally, we want to make persons aware of the opportunities that exist within and beyond the sector, benefits that can be derived and our aim is to provide an opportunity for participants to directly be involved in the discussions of oil and gas,” Patterson noted.Further, she said that at the end of 2018, more than 54 per cent of persons directly employed in the oil and gas sector were Guyanese, with plans for that figure to increase to 75 per cent by the end of 2020.These interactive sessions seek to educate a large number of Guyanese, as scores of Berbicians were also sensitised earlier this year on the multiplier effect of the new sector. This session was, however, hosted by Head of the Department of Energy Dr Mark Bynoe.During this recent session, Bynoe explained that the sector will be managed through recruitment and instructional strengthening, the revision of the legal framework, and partnering with other agencies, while informing that the right policies will be established to assist with managing the sector.In March of 2019, 24 Guyanese operations and maintenance technicians had joined the US oil giant, ExxonMobil, while another 50 technicians will commence recruitment in early 2020.
Retailers boosted inventories by 0.3 percent. That reflected gains in many categories but declines at auto dealers. Manufacturers raised inventories by 0.1 percent. The latest reports provide fresh figures showing that the economy was not performing as well as previously thought at the turn of the year. Analysts said the slowdown in retail sales in January was not too worrisome given that it followed a 1.2 percent surge in December sales. On Wall Street, the Dow Jones industrial average closed at a new high. The Dow closed up 87.01 points at a new record of 12,741.86. It was the 28th record close since the start of October. A string of weaker-than-expected numbers is causing economists to reduce their estimates for overall growth, as measured by the gross domestic product, for the final three months of last year. They now believe that the GDP was growing at an annual rate of just 2.5 percent, a full percentage point below the government’s initial estimate of 3.5 percent GDP growth in the final quarter of 2006. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! WASHINGTON – Retail sales, hurt by a big drop in auto purchases, slowed at the start of the year and business inventories turned in the poorest showing in 17 months. The Commerce Department reported Wednesday that retail sales essentially were flat in January, the poorest performance since a 0.2 percent decline in October. Business inventories, the department said, basically were unchanged in December at $1.37 trillion, $147 million less than in November. It was the weakest showing for inventories since they fell by 0.4 percent in July 2005. The inventory report included a 0.5 percent plunge in stockpiles held by wholesalers.
December 27, 2013We continue the report about the East Foundry Apartment and surrounding landscape renovation [see posts from 12/16, 12/18 12/20 and 12/23/2013]. The first level of concrete has been poured onto the silt bed and the crew of workshop participants and interns is smoothing-screeding the surface.[photo and text by Sue Kirsch]Construction intern Felipe Quintero is mixing the concrete and workshop participant Marco Vargas Weers will wheel it to the work site.[photo and text by Sue Kirsch]In the background we see Paul Hernandez who designed this renovation project.[photo and text by Sue Kirsch]The first layer of concrete is complete and here are Dan and Paul laying in a perfectly formed reinforcement steel – rebar set.[photo by Julia Dorn-Giarmoleo and text by Sue Kirsch]More concrete is spread over the rebar.[photo by Julia Dorn-Giarmoleo and text by Sue Kirsch]Here is the completed panel, with grooves and small bits of rebar sticking out at its end, which will be handy to connect this panel with the wall where it is planned to be.[photo by Julia Dorn-Giarmoleo and text by Sue Kirsch]In the next report, scheduled to post on Monday, December 30., we will see more photos of work on the renovation location.
The editor of the BBC News Channel, Kevin Bakhurst, has left the UK public broadcaster’s news channel for its Irish counterpart RTÉ.Bakhurst has been at the BBC since 2005 and will become managing director of news and current affairs at RTÉ and a member of the broadcaster’s executive board. He joins the Irish broadcaster in September.