Search results for : gas provider
Minister: Leaked Fuel Delayed Portion of Road Project
Environmental Health officials are still working with two local fuel providers to ensure there are no more fuel leaks in the East Street South and Solider Road area, The Nassau Guardian was told.
Roberts attacks BEC on 100M debt
Roberts attacks BEC on 100M debt
Chairman of the Progressive Liberal Party (PLP), Bradley Roberts, stoked the fire on a growing feud with the Bahamas Electricity Corporation (BEC), claiming the company owes more than $100 million in overdue payments.
BSW signs Shell and Red Bull as sponsors
BSW signs Shell and Red Bull as sponsors
As preparations for Bahamas Speed Week enter the home stretch, organizers have announced major partnerships with companies and launched their online ticketing system.
Jimmy Lowe, president of the event, formally welcomed Royal Dutch Shell as the official oil and gas provider.
Red Bull, the energy drink, is expected to sign on with Bahamas Speed Week as early as tomorrow, Guardian Business ha...
Banks Clamp Down On Gas Station Credit
Banks Clamp Down On Gas Station Credit
Banks are increasingly reluctant to loosen the purse strings and provide credit to gas stations, resulting in shortages and causing some retailers to fold up shop.
The Government to Introduce Measures to Address the High Cost of Living
During her Speech from the Throne on October 4, 2023, Governor General Her Excellency the Most Hon. Cynthia Pratt said that survey results from 2020 confirm that The Bahamas remains one of the top 10 most expensive countries in the world.
Govt resets
Govt resets
The Speech from the Throne marking the start of a new session of Parliament yesterday laid out a legislative agenda to address a wide range of issues, including the high cost of living, climate change, irregular migration, crime, and the backlog within the judicial system. "In this next phase of the administration, my government will continue ...
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The pervasive impact of inflation
The pervasive impact of inflation
Countries like The Bahamas are particularly vulnerable to economic fluctuations due to their unique geographical and socio-economic characteristics. As is the case in many Caribbean countries, tourism is a critical pillar of our economy, driving growth, creating massive employment and entrepreneurship opportunities, and maintaining much-needed foreign exchange earnings. The latter is a necessity f...
High-level discussions on LNG for BPL occurring, says CEO
There are a number of negotiations occurring at higher levels with companies that may be able to provide this country with energy produced via liquefied natural gas (LNG), Bahamas Power and Light's (BPL) Chief Executive Officer Shevonn Cambridge said on Tuesday, after being asked if negotiations with Shell Energy North America were still ongoing. The former Free ...
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Discussions between government and petroleum retailers in "abeyance" says Financial Secretary
Discussions between government and petroleum retailers in "abeyance" says Financial Secretary
NASSAU, BAHAMAS- - Discussions between the government and petroleum retailers have come to a temporary halt according to Financial Secretary Simon Wilson. When asked about the state of those negotiations yesterday Wilson said, "I think those discussions are in abeyance. We have a proposal before them. They have a counterproposal before the government and I [...]
Bahamian company WMS Holdings calls out the BIA for mistreatment after its proposal for new energy services and development initiatives for the country continues to be ignored
Well over a year ago on Tuesday, Feb. 25, 2020, WMS Holdings Limited (WMS) and its U.S. affiliates submitted a proposal and application to the Bahamas Investment Authority (BIA) as per the advice of the former Minister of Finance and current Acting Financial Secretary.