Dr. H Arlington D Chesney
Guyana has recently become a major oil and gas country. The estimated recovery resource base is 9 to 15 billion boe. Consequently, GDP is projected to grow by 49.7% in 2022.
The Governor of the Central...
By A. Bacchus
Women’s History Month is observed in March, and it celebrates the contributions of women to events in history and society, I recently learned. International Women’s Day was also recently celebrated under the theme ‘Break the bias’, and...
By Arthur Deakin – OilNOW
AMI analysis shows that over 50% of the oil produced in the world takes place within authoritarian regimes. Russia and Saudi Arabia alone account for over 20% of global oil production. They are joined by...
By A. Bacchus - OilNOW
CAMSOL: Bringing business solutions to you with a personal touch
On March 8, the world will observe International Women’s Day. It is a day that we acknowledge the gender inequalities and challenges facing women and...
By Arthur Deakin - OilNOW
For those that follow Guyana, the success rate and speed in which its oil resource has been developed is unprecedented. 11% of all conventional oil found in the world since 2015 has been off the...
By Dr. Lorraine Sobers – OilNOW
Guyana hosted its International Energy Conference and Expo 15-18th, February, 2022 under the theme “Charting a Sustainable Future”. On the first day, the esteemed presence of Ghana, Barbados and Suriname dignitaries bearing jovial salutations,...
By Dr H. Arlington Chesney - OilNOW
Guyana lifted its first commercial shipment of oil in December 2019. This is projected to be the start of a very dominant national oil and gas industry with the estimated reserves of ten...
When the first oil discovery was announced in 2015, Guyanese and local businesses were keen to find out how the industry would benefit them. For Puran Brother’s Incorporated, while their services were not directly aligned with the industry, they...
Background
Budget 2022 is the largest budget in Guyana’s history and the first to draw down from the oil revenues sitting in the Natural Resource Fund (NRF) that was recently passed in the National Assembly.
During the budget debates, a...
By Simon Flowers - Chairman, Chief Analyst & author of The Edge at Wood Mackenzie
Brent is trading near an eight-year peak, putting oil once again front and centre for investors, consumers and the global economy. Where does the oil...