Opinions

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Opinions

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

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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...
Opinions

What can gas reserves do for agribusiness in Guyana?

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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...
Opinions

A UG-GOAL for Guyana: Education and National Transformation

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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...
Opinions

The 2019 addendum to the Stabroek PSA does not equate to renegotiation

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By Joel Bhagwandin – OilNOW Summary The proponents who are propagating the argument that the Addendum to the Production Sharing Agreement (PSA) of 2016 is equated to a form of renegotiation of the contract; are peddling a dangerously false narrative...
Opinions

Linking Guyana’s economy with STEM education

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By Dr. Lorraine Sobers - OilNOW “Education is our passport to the future, for tomorrow belongs to the people who prepare for it today.” - Malcolm X If education is the passport, the visas in it represent access to specific destinations...
Opinions

Venezuela’s latest move in its waiting game with Guyana, pt. 2

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By Ivelaw Lloyd Griffith - OilNOW In Part 1, we discussed Guyana’s pursuits at the World Court, Venezuela’s legal manoeuvres that likely will lead to an extension of the waiting game, and the existential anxiety and geopolitical desperation being experienced...
Opinions

The Production Sharing Agreement, Renegotiation, and the Stability Clause (Part 1)

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By Joel Bhagwandin - OilNOW Summary The full project lifecycle of the oil and gas business is around 30 years or more. During the exploration and development stage which may span about 20 years before production, the oil companies continuously...
Opinions

Venezuela’s latest tactic in its waiting game with Guyana, pt. 1

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By Ivelaw Lloyd Griffith - OilNOW This is the first of a two-part series on the ongoing controversy between Guyana and Venezuela, set in the context of a famous stage play. It discusses some new dynamics of the judicial pursuits,...
Opinions

Oil and gas revenues and their role in developing climate resilient agriculture in Guyana

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Dr. H Arlington D Chesney – OilNOW This article opposes the suggestion that Guyana should not proceed in developing its oil and gas sector as the country’s contribution to global reduction in greenhouse gas emissions. It posits that those revenues...
Opinions

Transforming Guyana episode III: education and the oil windfall

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By Terrence Blackman, PhD and Utamu Bell – OilNOW Episode III of Transforming Guyana, The Guyana Business Journal and Caribbean Policy Consortium Webinar Series, examined how Guyana can leverage oil and gas revenues to produce a world-class twenty-first-century education system...
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