Gregory Georges News Today

If one thing is for sure, Antigua & Barbuda know how to host a party. Taking place on the third evening of the 2022 Monaco Yacht Show, guests were ...

The West Indies Oil Company’s (WIOC) offerings to customers across Antigua and Barbuda and Dominica are set to improve with upgrades to its network of service stations. Speaking to the Jamaica Observer, WIOC CEO Gregory Georges revealed that the company is preparing to expand and enhance the petrol station component…

TWO months after becoming the first Antiguan and Barbudan company to list on the Eastern Caribbean Securities Exchange, the West Indies Oil Company (WIOC) has outlined an ambitious plan to become ...

The West Indies Oil Company Limited (WIOC) celebrated its listing on the Eastern Caribbean Securities Exchange (ECSE) with a July 7th launch event at the John E.

By Kadeem Joseph Kadeem.joseph@antiguaobserver.com For the last two days, the most recent increase in the price of oil and gas has dominated the news and social media discussions, fuelled by debates on how many residents will be able to cope under already difficult economic circumstances. As of Monday, the price…

By Orville Williams orville.williams@antiguaobserver.com Motorists will have to wait until the next shipment of fuel arrives in the country to find out whether there will be any change in prices at the pumps. That was the word from Cabinet Spokesperson, Information Minister Melford Nicholas, during yesterday’s post-Cabinet media briefing. The…

As the world pays attention to the conflict between Russia and Ukraine and the possible effect on supply chains and oil prices, residents are being assured that…

Spread the love Last Friday was the final day for residents to purchase their stake in West Indies Oil Company (WIOC). The government of Antigua and Barbuda announced in March that it was divesting 10 percent of its holdings in the oil company. Fifty percent of the offer was reserved for public servants and the remainder for other citizens and institutions of Antigua and Barbuda, the OECS and Caricom. The share offer price was fixed at EC$60 per share with a minimum allocation of 50 shares per...

Deadline extended for WIOC shares despite threat of injunction Spread the love By Orville Williams Persons looking to purchase shares in the West Indies Oil Company (WIOC) Limited, as part of the divestment of 10 percent owned by the Government of Antigua and Barbuda, now have even more time to prepare applications with the announcement of May 21 as the new closing date. Late last month, the government announced that it would divest the small percentage of its holdings in the company – amount...

Public response to WIOC shares sale has been ‘very good’, firm says Spread the love Members of the public have flocked to buy shares in the West Indies Oil Company (WIOC) since they went on sale last month, bosses claim. And anyone still wishing to purchase some, now has another month to do so. General Manager Gregory Georges told Observer yesterday that response to the sale had been “very good” but that he could not give specific details. The regional oil storage and petroleum products...