Australia’s Victoria state reports lowest rise in COVID-19 cases in seven weeks

first_imgWhile the Melbourne lockdown has curtailed the spread of infections, it has wreaked havoc on the economy with Australia’s effective unemployment rate expected to climb above 13% by the end of September, according to government estimates.Nearly half a million people could lose their jobs due to the full lockdown in Melbourne, Treasurer Josh Frydenberg said on Sunday.Neighboring New Zealand on Monday will take a decision on whether to ease the current coronavirus restrictions in its biggest city of Auckland.An abrupt resurgence of COVID-19 about two weeks ago in Auckland prompted New Zealand Prime Minister Jacinda Ardern to put the city’s 1.7 million residents in a lockdown until Wednesday, forcing businesses to close and schools to shut.New Zealand, which has a population of 5 million, has so far recorded just over 1,300 confirmed cases of the virus and 22 deaths. Australia has detected nearly 25,000 infections and reported 502 deaths, from a population of 25 million.New Zealand and Australia have avoided the high fatalities experienced by many other nations due to strict lockdown measures.  Topics : The Australian state of Victoria reported its lowest daily rise in new coronavirus infections in seven weeks on Monday, fuelling optimism that a deadly second wave there is subsiding.Victoria on Monday reported 116 cases and 15 deaths from the virus in the past 24 hours, down from a peak of more than 700 cases early this month.Australia saw a surge in infections in the past month in Melbourne, Victoria’s capital and the country’s second-largest city, but cases have been trending downward in recent days helped by a total lockdown.last_img read more

UWP returns to Parliament on Thursday

first_img Share Share Sharing is caring! LocalNews UWP returns to Parliament on Thursday by: – February 15, 2012 Tweetcenter_img Hon. Edison James.The Opposition United Workers Party (UWP) has announced that they will participate fully in the proceedings of the House of Assembly when Parliament convenes on Thursday.The Opposition has been protesting following the 2009 general elections because they claim that the government had failed to implement electoral reform and the Speaker of the House of Assembly continues to be bias towards them.Leader of the UWP Edison James confirmed this week that the party will be participating in Parliament but still has issue with the Speaker of the House of Assembly Alix Boyd-Knights.They have already provided a list of questions which they intend to pose to members of the government.Opposition Senator Ronald Isidore is expected to question Prime Minister Roosevelt Skerrit on the country’s current debt and by what amounts has the consumer price of fuel and electricity dropped within the last two years under the Petro Caribe arrangement.Senator Ezekiel will also question the Agriculture Minister Mathew Walter regarding the high cost of imputs and whether the Ministry of Agriculture will make budgetary arrangements to provide the necessary financial support to assist farmers in Dominica.Other questions range from the condition of the D’leau Gommier Wet Area Road, information regarding diplomatic appointments, information on Tarreau Bay access, the condition of Gutter Road in Marigot, details regarding disaster relief and assistance with regard to the west coast natural disaster.Meantime Boyd-Knight says she welcomes any move by the Opposition to return to Parliament as it would be a step in the right direction.The Opposition has accused the speaker of being bias; however she maintains that this is not the case.According to the Speaker, some members of the Opposition have made it difficult for the operations of the house.“There is one member on the Opposition side who would come in and refuse to bow to the chair. I contacted the person personally and spoke to them about it. That member told me if I want them to bow I must tell them where in the standing order it says they should bow,” she added.She added that certain members feel that they must display non productive or good feeling towards the chair but “I am representing the chair. The chair is not me. When they disrespect the chair, I don’t take it personally, it is a reflection on the person rather than on me,” she added.Parliament convenes from 10 o’clock.Dominica Vibes News Share 7 Views   no discussionslast_img read more

Chris Giesting

first_imgCongratulations to Chris Giesting on getting to the second level of Olympic trial competition in the 400-meter dash.  In the second round, Chris ran a 45.84 which placed him 11th on the 400-meter final trial list.  Chris knew that making the top spot was out of his skill level in this stage of his career.  He was hoping to be in the top 6 so he would make the Olympic team for the USA as a relay member.Last week Chris announced that he was going to continue running in hopes of making the team in 2020.  He will then be the age at which most sprinters reach their peak.  Chris will probably have to trim at least 1.5 seconds off the time he ran this year.  If he can get in the 44-second range or lower, he will be in the hunt.Chris is a great representative for Batesville, Indiana.  If you have a chance to help him make this dream come true, I know he will greatly appreciate your help.last_img read more

Swimming Bees top West Genesee, Weedsport, get Liverpool next

first_imgLudden, on his own, was victorious in the 200 freestyle in 1:53.22, with Miranda posting 1:59.20 for third place. In the 500 freestyle, Ludden was second in 5:12.99 to the Wildcats’ Ryan McMahon (5:05.79).In a close 100 backstroke, B’ville went 1-2 as Harrison Meyers won in 1:06.02, just ahead of Aidan Solomon’s 1:06.58. Keenan Smith posted a time of 1:15.84 in the 100 breaststroke.Burns was second in the 100 butterfly, his 57.88 seconds just behind the 57.42 from WG’s Alex Shuron as Burns also was runner-up in the 200 individual medley in 2:18.17.B’ville had one more tune-up before facing Liverpool, the Bees making its way to Weedsport on Friday and earning a 98-74 victory over that other group of Warriors.After his win in the 200 freestyle in 1:53.27, Ludden tore to a time of 51.07 seconds in the 100 freestyle, with Gruppe second in 54.54 seconds. Miranda, third in the 100 freestyle, would prevail in the 200 IM in 2:19.43.Gruppe, in 25.08 seconds, held off Weedsport’s Caleb Tracy (25.26) in the 50 freestyle, with Kantak (25.73) and Harrison German (25.92) close behind. Burns prevailed in the 100 butterfly in 58.79 seconds as Harrison Meyers was first in the 500 freestyle in 5:39.94.In the 200 freestyle relay, Ludden, German, Kantak and Burns went 1:44.28, with Solomon joining Ludden, Burns and German going 3:42.63 in the 400 freestyle relay. Kantak, German, Solomon and Gruppe were first in the 200 medley relay in 2:00.56.The meet with Liverpool is the first of back-to-back events, with B’ville then taking on Auburn Wednesday night.Share this:FacebookTwitterLinkedInRedditComment on this Story Though it takes place just past the midway point of December, one of the biggest Section III boys swimming meets of the entire winter season is at hand.Baldwinsville, off to a 2-0 start, hosts defending league and Section III Class A champion Liverpool next Tuesday night, with the winner gaining a big edge in the regular-season Salt City Athletic Conference race.The Bees are 2-0 in the wake of last Wednesday’s trip to West Genesee, where it earned sweeps in key races and claimed a pair of relays to pull away and top the Wildcats 103-80. Nick Schultz led the way, part of four winning efforts, including a sweep of both sprint races.In the 50-yard freestyle, Schultz went 23.33 seconds, well clear of WG’s Keegan Scharoun (24.14), while in the 100 freestyle Schultz needed 52.02 seconds to again fend off Scharoun, who posted 52.63.Moving to the 200 freestyle relay, Schultz, paired with Bailey Ludden, John Burns and Trevor Kantak, went 1:39.55 to WG’s 1:42.96, and in the closing 400 freestyle relay it was Schultz, Ludden, Burns and Tristan Miranda going 3:41.16.center_img Tags: Baldwinsvilleswiminglast_img read more

Men’s basketball breakdown: Wisconsin vs. Michigan

first_imgGame RecapThe start of the first half was rough for Wisconsin, as the team struggled shooting the ball early on and was down for a majority of the first 20 minutes. However, it was back-to-back threes from Bronson Koenig and an 8-0 to end the half that put the Badgers up five going into the locker room.Despite ending the first half on a sour note, Michigan still came out fighting in the second and kept pace with UW throughout. However, with just under four minutes left and Wisconsin up just two, a three from Sam Dekker ignited the Badgers and the team went on a 13-4 run to end the game. The run resulted in a 71-60 Wisconsin victory and they advance to the semifinals of the Big Ten Tournament.Wisconsin Player of the GameSam Dekker: 17 points (7-12 FG, 1-4 3Pt, 2-2 FT), six rebounds, six assists, three steals in 35 minutesDekker was all over the place in Wisconsin’s winning effort, leading the team in both scoring and assists. When Frank Kaminsky was sent to the bench earlier than usual, it was Dekker who kept Wisconsin active, scoring eight straight points for the team at one point in the first half. It appeared Dekker had played with a more aggressive and fiery passion than usual, which is exactly what the Badgers will need him to continue doing as they make their run back to the Final Four. The six rebounds and three steals were both career-highs for Dekker and he has now scored in double figures in 19 of the last 22 games.Michigan Player of the GameZak Irvin: 21 points (9-18 FG, 3-7 3Pt) and 11 reboundsIrvin was Michigan’s main offensive threat for the entire game. He was finding plenty of good looks off the team’s pick-and-roll offense and the Badgers were struggling to stop him. Fortunately enough for Wisconsin, it was able to limit him when they needed to most, as Irvin scored just two points in the final six minutes of the game. Also, despite grabbing 11 rebounds, Irvin wasn’t able to record one offensive board. This was Irvin’s fifth game this season scoring 20-plus points and he has three of Michigan’s four double-doubles on the year.Turning PointThe turning point in Friday’s game was following a Wisconsin timeout with 12:25 remaining in the second half. Michigan had just gone on an 8-0 run to take a 44-41 lead and the Badgers were struggling on both ends of the floor. Duje Dukan checked in at that time, and on UW’s first possession following the timeout, he sunk a three to tie the game. Just over a minute later, Dukan hit another. Both threes were part of an 8-2 run that put Wisconsin up for good.When You Knew It Was OverWe really knew the game was over with 1:10 remaining on the clock, when Kaminsky shot a heavily contested jumper in the paint and it fell short. Nigel Hayes, who had been under the rim, grabbed the ball and put it up and in to put the Badgers up seven. At that point for Michigan, a stop and a bucket would have made it a one possession game, but Hayes’ put-back prevented that from happening. Wisconsin made their free throws and had no problem closing out the game from there.Key Stats– Kaminsky finished with 16 points and 12 rebounds, giving the National Player of the Year candidate his Big-Ten leading 11th double-double of the season.– Wisconsin shot 14-of-16 from the free throw line, while Michigan attempted their first free throws of the game with just 21 seconds remaining in the second half. They missed both.– Wisconsin was dominant on the boards, outrebounding Michigan 34-19 and scoring 17 second-chance points to Michigan’s seven.– Dekker’s four offensive rebounds matched Michigan’s team total.– Both teams did a very good job taking care of the ball. Wisconsin finished with seven turnovers while Michigan finished with just five.– After shooting a poor 3-of-11 from behind the arc in the first half, Wisconsin shot 4-of-8 from three in the second half.Game Notes– Wisconsin committed just three personal fouls on the game, a season low for the Badgers. This is also the second time this season the Badgers haven’t allowed a point from the free throw line.– Wisconsin has won 15 of the last 17 meetings with Michigan overall– Of Wisconsin’s 29 wins this season, 24 have come by double digits– The Badgers trailed at the first media timeout for the first time since playing Nebraska on Jan. 15 and this is just the sixth time Wisconsin has trailed in the second half all season– Wisconsin’s 29-3 record is the best start to a season in school historyQuotableDekker on earning a No. 1 seed in the NCAA tournament:“Well, if we come out of here Sunday with a trophy I think it’s hard to not have us as a one. But it’s whatever. One, two, we’re going to be in the NCAA tournament and playing some teams so I’m not too worried about it. I think we’ll be ready regardless of our seed, regardless of where we’re going to play; just looking forward to getting it and hopefully making another run.”Dukan on how big his performance today was for him:“It’s huge. I just wanted to come in, especially this being March, this is kind of where players are made and where teams are made and we’re trying to make a good run here and make our names be known. I just try to come into the game and contribute in any way possible.”Kaminsky and Dukan on returning to Chicago:“It’s awesome being able to come home and play in front of so many friends and family. Duje and I are from this area and we have ties to this arena. It’s always awesome when you have a chance to play someplace like this.” – Kaminsky“Growing up as a kid, I came to games, I worked here as a ball boy, shot around before games. It’s always been a dream of mine to play in an arena like especially this one, so to be able to come here and have a good performance, it’s definitely very, very encouraging.” – DukanBo Ryan on what he takes away from the victory:“We get to play another 40 minutes down here in Chicago in a great venue… I brought a James Patterson novel hoping to stay here a few days.”last_img read more

Andy Murray wins opening ATP World Tour Finals match against Ferrer

first_imgAndy Murray began his ATP World Tour Finals campaign with a convincing win over Spain’s David Ferrer in London.The Briton, 28, won 6-4 6-4 at the O2 Arena and will next play the winner of the evening match between Stan Wawrinka and Rafael Nadal.Another victory on Wednesday would ensure Murray ends the year as world number two for the first time.The Scot’s season will continue next week as Great Britain take on Belgium in the Davis Cup final.”It was a tough match with a lot of long rallies,” said Murray. “He fought hard right to the end and made it extremely difficult.”He didn’t serve as well as he can and I played a bit better at the end of both sets, and that got me the win.” After some uncertainty over whether Murray would sacrifice his place in London to remain healthy for the showpiece in Belgium on 27-29 November, the Scot was in committed mood once he stepped out into the O2 Arena for his first round-robin match.He spent several days last week practising on clay for Britain’s first Davis Cup final since 1978, but there was little sign of rustiness on the switch back to an indoor hard court.Four break points slipped by in the first eight games before Murray finally broke through, thanks to a fine volley and a Ferrer double fault.The seventh seed, 33, was misfiring, making just 47% of first serves, and he was thankful for a loose Murray service game at the start of the second set.Ferrer was soon battling to keep Murray at bay once again, however, succumbing in game six as the Scot levelled. Serving to stay in the match, an eighth double fault saw Ferrer go 0-30 down. Then presented with a first match point a bouncing Murray leapt to put away a smash at the second attempt.The victory gives him an early lead in Group Ilie Nastase, with two players to qualify for the semi-finals on Saturday.–Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySportslast_img read more

Sole Survivor outlasts Nelson Home Grown in final of Disc Break Ultimate tournament

first_imgNelson Killbillies was the other local team entered in the tournament.Ten teams from as far away as Calgary and Vancouver traveled to the Heritage City for the tournament.Ultimate is a sport played with a flying disc.The object of the game is to score points by passing the disc to a player in the opposing end zone, similar to an end zone in professional football.Players may not run with the disc, and may only move one foot (pivot) while holding the disc.The Nelson Ultimate League plays Thursday and Sunday at the Lakeside Soccer Pitch. Vancouver’s Sole Survivor got the best of Nelson Home Grown 13-5 to capture the Disc Break Ultimate tournament Sunday at the Lakeside Pitch.It’s the first time since 2003 the Nelson Ultimate League hosted a tournament.Sole Survivor pulled away from the host club in the second half after Home Grown managed to keep pace with the Lower Mainland side.last_img read more

PH’s 1st full Ironman race set next year

first_imgDon’t miss out on the latest news and information. The race will begin on Acea Beach, before traversing the roads of Subic and the Subic-Clark-Tarlac Expressway (SCTEX), and finishing at the Subic Bay Convention Center.As daunting as the task is, lofty prizes await the winners, with a total of $25,000 professional prize purse up for grabs, but more importantly, 30 age-group qualifying slots for the 2018 Ironman World Championship set to be staged in Kailua-Kona, Hawaii.Finishers will also have the opportunity to be a part of the rare club of full distance Ironman conquerors, a right only a hundredth of the population has accomplished.Czech triathletes Ruedi Wild and Radka Kahlefeldt ruled the 2017 Ironman 70.3 race in Subic, with August Benedicto topping all local bets and finishing 19th overall. JPVADVERTISEMENT LeBron James scores 31 points, Lakers beat Rockets Indian national gunned down in Camarines Sur ‘I’m out!’: PewDiePie releases last video before taking break from YouTube 787 earthquakes recorded in 24 hours due to restive Taal Volcano Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite “The brand of Ironman is like having the holy grail for triathlon. We’ve been holding the Ironman 70.3 for the 10th year and it just continues to be fantastic,” said Uytengsu on Tuesday at the New World Hotel in Makati City.“It’s the process of triathlon, it gravitates to the people because you really have to prepare for these races. It takes time, physically, mentally, and socially for these people to prepare for these races. So, (what’s) really significant for us is to be able to bring that full Ironman race to the Philippines,” Uytengsu said.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’Banzon added: “Challenging yourself to push your physical and mental limits to the extreme will seem like a painful task. But you forget all of that once you cross the finish line and hear the announcer say that you’re an Ironman. It’s really indescribable.”From the usual 70.3-kilometer race over the past years, the 2018 edition will see the track double its distance, extending the legs to 3.86-kilometer swim, 180.2-kilometer bike, and 42.2-kilometer run to further put to the test the participating athletes’ endurance. Cramming Gilas out to ‘shock the world,’ says Reyes Sports Related Videospowered by AdSparcRead Next Kawhi Leonard, Clippers rally to beat Pelicans End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend LATEST STORIES MOST READ McGregor blasts Cerrone in 40 seconds in UFC return View comments Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Sunrise Events founder Wilfred Steven Uytengsu and Century Pacific Food Inc. vice president and general manager Greg Banzon. Photo by Randolph B. LeongsonAs if the race isn’t grueling enough, the road is about to get tougher as Ironman—deemed as one of the most physically demanding sports in the world—brings its full distance race to the Philippines for the first time next year.Sunrise Events founder Wilfred Steven Uytengsu and Century Pacific Food Inc. vice president and general manager Greg Banzon announced the staging of the 2018 Century Tuna Ironman Philippines in Subic Bay on June 3, 2018, commemorating a decade of hosting Ironman races in the country.ADVERTISEMENT Marcosian mode: Duterte threatens to arrest water execs ‘one night’last_img read more

US, Norwegian Diplomats Arrive to Assess Ebola Situation

first_imgThe Government of Liberia says it is expecting two distinguished guests today in the persons of U.S. Agency for International Development (USAID) Administrator Rajiv Shah and Foreign Minister of Norway, Børge Brende to assess the Ebola situation in Liberia and other infected countries in the sub-region.According to a US State Department release, Mr. Shah is currently on a 5-day visit to West Africa, specifically Liberia, Sierra Leone, Guinea, and Senegal from October 13-17, to meet with national and local officials, aid organizations, and staff coordinating the international response to the Ebola outbreak in the sub-region. USAID is helping to coordinate an aggressive U.S. Government response to the Ebola outbreak that leverages broad expertise and personnel from several federal departments and agencies, including the Departments of Defense, Health and Human Services, and State, as well as the Centers for Disease Control and Prevention.Administrator Rajiv Shah began leadership of USAID a few days before the earthquake in Haiti in January 2010. He is generally credited for leading a very successful effort in assisting Haiti recover through a very swift and effective response. It is expected that Administrator Shah will bring the same vision and strategic response to the fight against Ebola. Rajiv Shah previously served as Under Secretary of Research, Education and Economics (REE) and Chief Scientist at the U.S. Department of Agriculture.Norway’s Foreign Minister Brende, for his part, will get a firsthand look and briefing on the outbreak and its effect on the country. He is expected to renew Norway’s commitment to assisting Liberia with Ebola, as well as his country’s partnership beyond Ebola. Minister Brende, who is also Councilor of State, presides over the Ministry which is responsible for trade, foreign aid and cooperation with international organizations, among other things. He belongs to the Conservative Party and previously served in the Norwegian government as Minister of the Environment and as Minister of Trade and Industry.During a high-level Ebola Crisis Event held in connection with the World Bank annual meetings in Washington, D.C. last week, Minister, Børge Brende on Thursday, October 9, pledged well over US$10 million toward a new multi-donor fund for the fight against Ebola set up by the World Bank. “It is positive that the World Bank is setting up a fund to put the health sector in the affected countries in a better position to deal with the crisis.  Norway will contribute NOK 70 million (well over US$10 million) to the fund,” said Minister Børge Brende at the event. Earlier that week, the Norwegian Government doubled its funding for the fight against Ebola, bringing Norway’s contribution up to a total of NOK 184 million. With the addition of this pledge to the new fund, Norway’s support will amount to NOK 254 million (nearly US$40 million).According to Liberia’s Information Minister Lewis Brown, the Government of Liberia intends to engage both officials regarding support to communities in terms of community care centers, increase public awareness, and to seek continued support for rebuilding of the nation’s public health system.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

ExxonMobil discovers more oil offshore Guyana

first_imgUnited States oil giant ExxonMobil on Thursday announced positive results from its Payara-1 well offshore Guyana.The Texas-based oil and gas company said the Payara is the second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.The well was drilled by ExxonMobil affiliate Esso Exploration and Production Guyana Limited, and encountered more than 95 feet of high-quality, oil-bearing sandstone reservoirs. It was safely drilled to 18,080 feet in 6660 feet of water. The Payara field discovery is about 10 miles North-West of the 2015 Liza discovery.“This important discovery further establishes the area as a significant exploration province,” said Steve Greenlee, President of ExxonMobil Exploration Company. “We look forward to working with the Government and our co-venturers to continue evaluating broader exploration potential on the block and the greater Liza area.”In addition to the Payara discovery, appraisal drilling at Liza-3 has identified an additional high quality, deeper reservoir directly below the Liza field, which is estimated to contain between 100-150 million oil equivalent barrels. This additional resource is currently being evaluated for development in conjunction with the world-class Liza discovery.“These latest exploration successes are examples of ExxonMobil’s technological capabilities in ultra-deepwater environments, which will enable effective development of the resource for the benefit of the people of Guyana and our shareholders,” Greenlee said.Drilling on Payara began on November 12, 2016, with initial total depth reached on December 2, 2016. Two sidetracks have been drilled to rapidly evaluate the discovery, and a well test is underway to further evaluate the successful well results. The well data will be analysed in the coming months to better determine the full resource potential.The Stabroek Block is 6.6 million acres (26,800 square kilometres). Esso Exploration and Production Guyana Limited is operator and holds 45 per cent interest in the Stabroek Block. Hess Guyana Exploration Ltd holds 30 per cent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 per cent interest.Back in October 2016, the company made its third significant discovery in its drilling explorations offshore Guyana, with its partner, Hess Corporation, noting that the Liza 3 exploratory well’s net value could be US$6.2 billion based on calculations from the Bank of Montreal (BMO) Capital Markets.In late June 2016, Exxon’s drilling results at Liza 2 revealed more than 58 metres of oil-bearing sandstone reservoirs in Upper Cretaceous formations. The well was drilled to 5475 metres at 1692 metres water depth. Drilling results confirmed recoverable resources to be between 800 million and 1.4 billion barrels of oil equivalent. Data from the Liza 2 well test is being assessed.In May 2015, Exxon confirmed its significant oil discovery at its Liza 1 exploration well, where more than 295 feet of high-quality oil-bearing sandstone reservoirs was encountered.The Liza wells are being drilled with the Stena Carron harsh environment drillship.On September 8, ExxonMobil announced that its third exploratory well, Skipjack (the third well drilled and not Liza 3 as reported in the local media) was unsuccessful since it did not yield commercial quantities of hydrocarbons. ExxonMobil spud Liza 3 after Skipjack turned up unfavourable results. Skipjack was a separate prospect 25 miles North-West of the Liza wells. The Liza 3 well, like Liza 2, will be focused on testing the flank of the Liza structure to determine the aerial extent of the reservoir.In July 2016, ExxonMobil submitted a development plan for Liza to Guyana’s Environmental Protection Agency to begin the environmental review process.That plan calls for a pair of rigs to drill development wells from two drill centres, each with a corresponding water injection site to the East.Business site Bloomberg, in June of this year, reported that ExxonMobil’s oil discovery off the coast of Guyana may hold as much as 1.4 billion barrels, twice the size of the previous estimate, making it potentially worth about US$70 billion based on current prices.last_img read more