Opinions

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

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,...

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

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...

Latin America’s role in a potential LNG boom

By Arthur Deakin – OilNOW There is no denying that the world’s inflationary pressures and future economic prospects are directly tied to energy-related geopolitics. In early October, OPEC+ signalled support for a higher oil price by cutting production by 2...

More can be achieved through partnerships and mutually beneficial business relationships

By Dr. Dax Driver - OilNOW I really enjoyed my visit to Guyana this week to attend the Guyana Basin Summit. It was great to catch-up with old friends and colleagues and to make many new contacts as well.  This...

Guyana, oil and answering Europe’s needs

By Scott B. MacDonald - OilNOW The Russo-Ukrainian War has been a shock-like wakeup call for Europe over its heavy dependence on Russian oil, gas and coal. As European Union (EU) and other Western countries imposed economic sanctions on Russia,...

Prioritising Guyana’s Oil Revenue Spending: A Common Sense Approach

By Dr. Lorraine Sobers - OilNOW What can Guyana learn from Botswana, Ghana, Suriname, Qatar, Trinidad and Tobago, the United Arab Emirates, and Venezuela? There is great interest in this type of analysis - gleaning lessons and best practices from...

Agri Investment Forum and Expo II and Role of Oil and Gas Revenues

Dr. H Arlington D Chesney – OilNOW During the period August 19-21, 2022, the Trinidad and Tobago (T&T) Government hosted the Agri Investment Forum and Expo II (AIFEII): Transforming Agriculture through Innovation and Investment. It followed one held in May...

Experts explore Guyana’s emergence as an oil producer and implications for the future of the Venezuela-Essequibo controversy

By Terrence Blackman, PhD and Utamu Bell – OilNOW The fourth episode of the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium's (CPC) Webinar Series, "Transforming Guyana," got underway on Wednesday, September 14, with a discussion centered around "Guyana's...

What can gas reserves do for agribusiness in Guyana?

By Cristina Caus and Jerry Haar - OilNOW The Guyanese economy has been known for quite a long time for a traditional economic system, in which most of the population was engaged in agricultural activities. As late as 1991, about...

A UG-GOAL for Guyana: Education and National Transformation

By Dr. Terrence Blackman and Dr. Carolyn Walcott – OilNOW Education and innovations pertinent to the needs of industry are vital to a nation's development. Therefore, state leaders must be deliberate in privileging human capital investments because of their connectedness...

Latest News

Exxon won’t recover investment in Guyana pipeline until first gas – Routledge

Guyana’s repayment for the US$1 billion invested in the Gas-to-Energy project does not start until it is commissioned. ExxonMobil...