Opinions

By Dr. Lorraine Sobers - OilNOW John Hess, CEO of Hess Corporation, speaking at the recently concluded International Energy Conference and Expo Guyana, explained to the audience that “Carbon credits provide financial incentives to preserve forests and biodiversity that are...

By Utamu Belle and Dr. Terrence Blackman – OilNOW The ninth installment of the Guyana Business Journal (GBJ) and Caribbean Policy Consortium (CPC) webinar series, “Transforming Guyana,” focused on “Guyana’s Agricultural Sector and the Oil and Gas Economy.” Farming and energy...

By Ivelaw Lloyd Griffith – OilNOW This is the first of a two-part series on the ongoing territorial-judicial saga between Guyana and Venezuela. Here, we provide some recent developments on Guyana’s oil exploration and production landscape, which have increased the...

By Dr. Meredith Arnold McIntyre - OilNOW Guyana’s rapidly expanding oil sector has the potential to profoundly transform the economy. Oil production is currently above 300,000 barrels per day (bpd) and is projected to reach 720,000 bpd by 2026. The...

ExxonMobil made a US$55.7 billion profit in 2022. That is a huge number. So, when Guyanese media outlets report on the oil major’s earnings, many locals are quick to assume that these earnings are Esso Exploration and Production Guyana...

By Dr. Riyad Insanally - OilNOW Introduction On January 24 last, the Kaieteur News (KN) reported that an erroneous map of Guyana was used by Rystad Energy, as part of a panel discussion at the recently held Trinidad and Tobago (T&T)...

By Dr H. Arlington Chesney - OilNOW An integrated and holistically conceptualised oil and gas sector could assist in developing a transformed and modernised Guyana and regional agriculture and contribute to regional food security. It could thus again be a...

By Utamu Belle and Dr. Terrence Blackman – OilNOW The eighth installment of the GBJ and CPC's webinar series, "Transforming Guyana,” focused on "Investment Attraction and Retention, and the importance of Protection, Regulations and the Business Environment." These webinars bring...

By Dr. Lorraine Sobers In my latest article, I rehashed a selection of themes addressed during 2022. Regular readers and energy sector observers may have noticed the omission of local content, education, ESG criteria, Guyana’s political stability and positioning on...

By Sydney Allicock, Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW The Indigenous Peoples of Guyana, known locally as Amerindians, comprise nine distinct groups, each with their own unique culture and traditions, three in coastal areas and six in...