Opinions

By Scott B. MacDonald - OilNOW The global political and economic system is in flux, driven by climate change, a transition from fossil fuels to renewables, and a new Cold War between the United States and China. Another factor creeping...

By Dr. Ulric Trotz - OilNOW Guyana, together with other developing countries have been pressing for the prioritisation of climate change adaptation at international climate change meetings, and also, for the provision of financial resources to support adaptation action. While...

By Dr. Ulric Trotz - OilNOW Countries that are parties to the United Nations Framework Convention on Climate Change are obliged to provide scheduled reports to the Convention, that provide information on their progress in addressing climate change adaptation and...

By Dr. Lorraine Sobers - OilNOW Guyana’s Petroleum Activities Bill, passed recently in Parliament underscores Guyana’s commitment to maintain its status as a net carbon sink—a country that eliminates more carbon dioxide emissions than it produces. Guyana has been a...

Tullow Oil has decided to sell its stake in the Orinduik Block, located offshore Guyana. At first glance, one might perceive this to indicate a lack of confidence in the prospectivity of the Orinduik Block. However, upon closer inspection,...

SBM Offshore reported a 15% drop in directional revenue for the first half of 2023 amounting to US$1.4 billion.  The company said the decline in revenue was largely driven by a decrease in directional turnkey revenue, which dropped to US$558...

By Dr. Ulric Trotz & Dr. Terrence Blackman - OilNOW Climate change poses significant challenges for Guyana and the Caribbean, necessitating a combination of mitigation and adaptation strategies to combat its effects. Mitigation focuses on reducing greenhouse gas emissions and...

By Riyad Insanally - OilNOW   Secretary of State Antony Blinken’s visit to Guyana on July 6 was significant for many reasons. Following so closely on former Secretary Mike Pompeo’s visit in September 2020, the first ever by an American Secretary...

By Jerry Haar and Cristina Caus - OilNOW A cursory view of the political, economic and social environment in South America does not instill optimism. Economic and political challenges across the region erode the confidence of both local and foreign...

By Dr. Arlington Chesney - OilNOW The Caribbean, indeed, the world, is prioritising the use of Artificial Intelligence (AI) in the modernisation of their national economies. This is associated with the proliferation of devices, such as, IoT, IIoT and InstructGPT...