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BPC faces $400k extra daily costs if drilling halted
Bahamas Petroleum Company's (BPC) chief executive is alleging it will incur extra costs of up to $400,000 per day if activists succeed in persuading the Supreme Court to halt its exploratory oil drilling.
'Stability' concern on NIB's $100m COVID drawdown
The Central Bank has voiced confidence that COVID-19 will not produce a 'bad loan' blow-out to match the $1.2bn credit arrears peak caused by the 2008-2009 global recession.
Gov't joins BPC in opposing oil Judicial Review
Environmental activists yesterday accused the Government of "jumping the gun" after it filed legal papers opposing their bid to halt oil exploration in Bahamian waters.
Hield tips in winning basket in overtime
Chavano “Buddy” Hield’s late-game heroics helped the Sacramento Kings open the 2020-21 campaign with a thrilling win in the first overtime game of the season.
Nesbitt, Miller key contributors in late season playoff race
WITH their respective teams in late season playoff races, David Nesbitt and Tavario Miller con-tinue to provide key contributions for their clubs as they conclude the regular season.
BPC warns on 'safety' risks if drilling halted
The Bahamas Petroleum Company (BPC) is warning that "significant and unnecessary health, safety and environmental risks" will be created if opponents now obtain a court-ordered halt to its oil drilling.
Bahamian single women take brunt of COVID-19
Bahamian single women have born the brunt of COVID-19's economic devastation to lead the Caribbean on both job losses and "worsening diet", the Inter-American Development Bank (IDB) has revealed.
Don't leave Bahamians with oil drilling 'peanuts'
The Bahamian people must get more than the "peanuts and crumbs" if the Government ultimately decides to approve commercial oil exploration, the National Trust's top executive urged yesterday.
Oil explorer fears its major $100m asset 'extinguished'
The Bahamas Petroleum Company (BPC) has warned that its "major $100m asset will be extinguished", thereby threatening its survival, if the Supreme Court halts its oil drilling activities.
Walker, Clarke and Evans most outstanding athletes of the year
CADIN Walker, Serai Clarke and Khadin Evans shared the spotlight as the recipients of the most outstanding baseball and tennis Athletes of the Year at the Ed Armbrister Baseball and Southwest Tennis Clubs awards ceremony.
FACE TO FACE: Men can be vulnerable too - so let’s celebrate them
IT’S important to celebrate men! They use their brain, their brawn, their wit, and their love to be heroes. Those who do so much for so many deserve to be honored and praised, too – even more so during the Christmas season. They may be even more vulnerable during this time, so it’s important to be aware of men’s feelings and needs, according to Terence Bethel.
AG: New tax for BPC if royalties 'abysmally low'
The attorney general yesterday said the Government could impose a new tax on Bahamas Petroleum Company (BPC) if it declines to renegotiate "abysmally low" royalty rates that are the world's poorest.
'Payments crisis' not Gov'ts fault
A Caribbean economist yesterday stuck to her forecast that The Bahamas "faces a potential balance of payments crisis" within the next two years but is arguing this will not be the Government's fault.
Loan delinquencies up $92m as tourism arrivals totally dry-up
Mortgage and consumer loan delinquencies soared by $91.8m in two months as tourist arrivals to The Bahamas dropped 98.4 percent year-over-year for October, the Central Bank has revealed.
INSIGHT: Are we doomed to always be a nation for sale?
EMBARASSED in international media, one of the most glaring shortcomings of our democratic process was laid bare for the world to see in the recent indictment of Peter Nygard. The horrific allegations should come as no shock to those of us who heard stories about the infamous Nygard Cay.
INSIGHT: Before we talk about oil pollution, what are we doing about plastic?
AS The Bahamas prepares for the possibility of oil drilling and the risk of spillage, this archipelagic nation ranks among the top 30 per capita plastic global polluters, according to a Forbes Magazine report.
UPDATED: U.S. Congress members urge PM to reconsider oil drilling agreement
SEVERAL members of the United States Congress have written to Prime Minister Dr Hubert Minnis and Environment Minister Romauld Ferreira urging them to reconsider the oil drilling agreement with Bahamas Petroleum Company.
Oil opponents now seeking 'Xmas miracle'
Environmental activists yesterday admitted they are seeking "a Christmas miracle" as the Bahamas Petroleum Company's (BPC) drilling ship closed in on the location for its first exploratory oil well.
‘Keep The Bahamas blue’
PROTESTERS came out on Saturday at Blake Road to demonstrate against planned oil drilling in The Bahamas.
Cyber security experts: BTC network vulnerable
Bahamas-based cyber security experts yesterday argued that the Bahamas Telecommunications Company's (BTC) outdated network equipment left it vulnerable to penetration by malign actors.
