Opinions

The views expressed here are solely those of the author in their private capacity and do not represent the views of OilNOW.

Opinions

Positioning Guyana Educationally for Economic Growth

OilNOW -
With two more oil discoveries in October 2022 and an expected record growth rate of approximately 58% according to International Monetary Fund (IMF), Guyana a nation of less than a million, is facing tremendous challenges surrounding human capital. This...
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...
Opinions

Innovative research to achieve sustainable development in a resource abundant economy: minimising the resource curse

OilNOW -
Dr. H Arlington D Chesney – OilNOW Properly conducted and managed innovative and proactive research, in Guyana’s recently attained resource abundant economy status, could result in the sustainable development of a plethora of commodities within its productive sectors, consequently, contributing...
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...
Opinions

The Border Controversy: Diplomacy must continue to complement the ICJ Process

OilNOW -
By Dr. Riyad Insanally - OilNOW On November 17-22, 2022, the International Court of Justice (ICJ) will hear submissions from Guyana and Venezuela on the latter’s objections to Guyana’s case seeking to uphold the validity and binding nature of the...
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...
Opinions

Investing in Guyana’s Manufacturing Sector

OilNOW -
By Dr. Lorraine Sobers - OilNOW Guyana is facing an exciting future as it makes its mark in the energy sector with oil production soon to exceed one million barrels per day and plans underway to bring natural gas to...
Opinions

National transformation via local content requires diaspora engagement, education, trust, and capital

OilNOW -
By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW Guyana's oil fortunes are a gold mine with numerous opportunities for citizens to develop and deliver local content, essential goods, and services to support the oil and gas sector. However,...
Opinions

A singular national vision to anchor and sustain Guyana’s transformation

OilNOW -
By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW During the 1970s, Guyana's leadership pursued a socialist economic path. Guyana's Non-Aligned stance and fundamental governance and foreign policy principles were built upon western non-interference and self-sufficiency. The Non-Aligned Movement's...
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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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