Opinions

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

Opinions

Is T&T slipping on Local Content?

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By Kevin Ramnarine – OilNOW Guyana's decision to legislate for local content in its oil and gas industry has been the source of debate in Guyana and in T&T. At the heart of the issue is the value captured or...
Opinions

The implications of a National Oil Company (NOC) in Guyana

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By Arthur Deakin – OilNOW The government of Guyana, which is sitting on 11 billion barrels of oil equivalent, will have a much-anticipated bid round for its remaining untendered oil blocks in the third quarter of 2022. The government is...
Opinions

Guyana’s natural gas development is likely to outshine its renewable energy strategy

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By Dr. Lorraine Sobers – OilNOW Guyana’s Low Carbon Development Strategy 2030 (LCDS) is the best place to start if you want a bird’s eye view of the country’s renewable energy plans. The LCDS outlines the overall strategy for natural...
Opinions

Guyana seeks more diaspora involvement in advancing oil & gas economy

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By Dr. Terrence Blackman and Utamu Belle - OilNOW Guyana's leadership wants Guyanese and its members in the diaspora to play more significant roles in the country's developing oil and gas economy as its key players work on advancing the...
Opinions

A Report from the Guyana Investment Seminar, Carlton House, London

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President Irfaan Ali, Caribbean Leadership in a time of Crisis and Opportunity Dr. Terrence Blackman & David Roberts - OilNOW The war in Russia and the attendant geopolitical energy issues plaguing Europe and the rest of the world bear directly on...
Opinions

The implementation deficit and regional food import bill

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Dr. H Arlington D Chesney – OilNOW Recently, there have been a number of political pronouncements on the urgent need to reduce the regional Food Import Bill. In 2019, Barbados’ Prime Minister, Mia Mottley, directly linked the revival of the Caricom...
Opinions

Guyana – The local content spat – dangers of inattention

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By Wilberne Persaud - OilNOW A few weeks ago, a regrettable faux pas pushed Guyana’s Local Content Policy (LCP) into news headlines across the region. The Act seeks reasonable retention of benefits generated by activity in the oil sector for Guyanese...
Opinions

Guyana’s balancing act with gas-to-power development and climate action

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By Dr. Lorraine Sobers – OilNOW Natural gas has been accepted as a cleaner alternative to fuel oil for electricity generation for over eight decades. Guyana is now poised to make the switch from fuel oil to natural gas and...
Opinions

Energy security in a time of energy transition in Latin America: The role of oil, gas and cleaner fuels

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By Arthur Deakin – OilNOW When the Intergovernmental Panel on Climate Change (IPCC) released its first report in 1990, Russia had just opened its first McDonalds as a symbol of the country’s transition to a free market. Now, twenty-two years...
Opinions

US$10B Yellowtail Project set to unleash a tsunami of economic benefits

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Apart from the profit oil and royalty the State stand to gain, ExxonMobil’s US$10 billion Yellowtail Project in the Stabroek Block which is set for first oil in 2025-2026, is poised to unleash a tsunami of economic benefits for...
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US$2.5 billion in oil revenue to support Guyana’s 2025 budget

The Guyana government will withdraw US$2.5 billion in oil revenue to support its US$6.628 billion (GY$1.382 trillion) budget for...

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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