Energy Insights

Energy Insights

Seven women in government hold power to use oil revenues for a visible leap in Guyana’s social services

OilNOW -
Crowned “the fastest growing economy in the world”, on account of its spectacular Stabroek block discoveries, the Guyana government shoulders the responsibility of ensuring the growth is converted into development. It must, at the very least, strengthen its human and institutional...
Energy Insights

Guyana following in footsteps of Qatar, Saudi Arabia, UAE

OilNOW -
While they may be oil-dependent, Middle Eastern nations such as Qatar, Saudi Arabia, and the United Arab Emirates (UAE) have a well-established history of responsible energy stewardship. Shrewd governance has not only contributed to decades of sustainable growth, but...
Energy Insights

Shifting the tsunami of oil investments to Regions Three and Six in Guyana

OilNOW -
In just seven years, Georgetown has morphed into the oil capital of the country. Within its borders are several major shore base facilities such as G-Port and the Guyana Shore Base (GYSBI). It is also home to the headquarters...
Energy Insights

Is Guyana’s economy self-adjusting or in the early stages of Dutch disease?

OilNOW -
Since the emergence of the oil industry in 2015, Guyana has experienced an almost cosmic shift in its revenue inflows. Today, the hydrocarbon sector accounts for more than 50% of Gross Domestic Product (GDP). Traditional sectors, like manufacturing, rice and...
Energy Insights

COP27: Can the Caribbean Region finally get funding for climate adaptation?

OilNOW -
The 27th Conference of Parties, as expressed in our first instalment will be the greatest test of goodwill at such a critical forum. It will obviously be overshadowed by the darkness of the new geopolitical context unleashed by the Russia-Ukraine...
Energy Insights

Russia’s war will be the greatest test of goodwill at COP27

OilNOW -
The 27th United Nations Climate Change Conference of the Parties (COP27) will take place from November 7 to 18, 2022 in Sharm el-Sheikh of Egypt. This important event, like many others before it, will bring together representatives from nearly 200 countries. They will...
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Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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