Opinions

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

Opinions

A sustainable energy system for Guyana

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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,...
Opinions

The Oil and Gas Sector in Guyana: A catalyst for Growth in its Agriculture and Food Sectors

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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...
Opinions

Puran Brothers – From domestic waste disposals to servicing the oil and gas sector

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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...
Opinions

Budget 2022 lays the foundation to avoid the paradoxical resource curse and the Dutch disease

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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...
Opinions

Why oil is pushing towards US$100

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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...
Opinions

Good governance, the best play for Guyana

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By Dr. Lorraine Sobers - OilNOW Guyana is no longer the ‘wimpy kid’ on the playground with the second lowest gross domestic product (GDP) in the region.  Over the last 5 years Guyana has had a major growth spurt and...
Opinions

Guyana’s oil is an insurance policy for climate change in the Caribbean

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By Wazim Mowla - OilNOW  The revenue from Guyana’s oil and gas reserves are key to tackling its and the rest of the Caribbean’s climate change challenges. Addressing the effects of climate change boils down to securing needed financing at...
Opinions

Will Guyana become the next United Arab Emirates? Only time will tell

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By Arthur Deakin - OilNOW  In late January, the Guyanese PPP administration introduced a U$2.6 billion budget for 2022 where it will consume 100% of the funds stored in its Sovereign Wealth Fund (SWF). By year’s end, the SWF will...
Opinions

Oil bounty, energy security and Guyana future prospects

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Guyana’s energy sector for 2022 will be characterized by two significant developments. Within weeks the second phase of oil production will start at the Liza Phase 2 Development with a production ramp up of approximately 220,000 barrels of oil...
Opinions

Capitalising on networking opportunities

OilNOW -
By A. Bacchus In early 2018, I was fortunate enough to attend the first oil and gas conference and exhibition that was held in Guyana. At that point in time, ExxonMobil had made about six viable discoveries, and it was...
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Latest News

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ExxonMobil’s Longtail project to tap three gas fields offshore Guyana

ExxonMobil's proposed Longtail development project will tap into three gas fields—Longtail, Tripletail, and Turbot—spanning discoveries made in the period...

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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