Opinions

Five major implications of the Chevron-Hess US$53 billion acquisition

By Arthur Deakin - OilNOW The recent merging of oil and gas companies in the U.S. indicates that energy majors see a long-term future for specific hydrocarbons in the energy transition. Chevron’s announcement of their US$53 billion all-stock acquisition...

Oil and bullyism: Venezuela opens the intimidation playbook again (part 3)

By Ivelaw Lloyd Griffith - OilNOW In light of recent developments in the border controversy between Guyana and Venezuela, I thought it worthwhile to expound on the newest tactics in Venezuela’s intimidation playbook. In Part 1, I examined two questions....

Rowley walks tightrope between Venezuela gas deal and defense of Guyana’s sovereignty

Prime Minister Dr. Keith Rowley of Trinidad and Tobago finds himself at the intersection of geopolitical issues that place him and his country in a sensitive but crucial position. On one hand, he must navigate the growing tensions between...

Oil and bullyism: Venezuela opens the intimidation playbook again: part 2

By Ivelaw Lloyd Griffith - OilNOW In looking at Venezuela’s recent bullying actions against Guyana, the first article in this two-part series examined two questions. First, what exactly is the latest bullying attempt? Second, why this latest Playbook effort? In...

Beyond oil: Guyana’s emerging potential in ecotourism

By Jerry Haar & Christina Caus - OilNOW Guyana’s burgeoning oil production is on an unstoppable trajectory to transform the nation economically and socially. The government expects to take in US$1.63 billion this year in royalties and profit sharing. This...

Out of thin air: Opportunities in industrial low carbon development

By Dr. Lorraine Sobers - OilNOW Beginning in 2015, Guyana’s hydrocarbon finds have been fast and fabulous: 11 billion barrels and counting; production has been sizeable and surging: 400,000 barrels per day and growing; incremental GDP has been swift and...

Oil and bullyism: Venezuela opens the intimidation playbook again (part 1)

By Ivelaw Lloyd Griffith Venezuela’s recent bullying actions against oil-power-in-the-making, Guyana, calls to mind the saying plus ça change plus c'est la même chose (the more things change, the more they remain the same). Why so, you may ask? This...

Lessons for Guyana – a glimpse into Trinidad & Tobago’s story. (Part 1)

By Cristina Caus - OilNOW While delivering the feature address at the La Primavera Banquet Hall in Ontario, Guyana’s President, Irfaan Ali announced the country’s plans to undergo a major transformation to build a “world-class service sector”. Addressing the misconception...

Infrastructure development in the emerging Guyanese oil & gas economy (A Review of Transforming Guyana: Season II Episode IV)

By Tash Van Doimen & Dr. Terrence Blackman - OilNOW In the latest installment of the enlightening web series, "Transforming Guyana," which aired on Wednesday, September 13, 2023, through a partnership between the Guyana Business Journal (GBJ) and the Caribbean...

Guyana’s strength in numbers

By Dr. Lorraine Sobers - OilNOW September, the start of the new academic year, often prompts me to search for linkages between the state of education and the state of the nation. This brought me to consider that much of...

Latest News

Rystad Energy reports rising oil project costs amid inflation and supply chain disruptions

Rystad Energy has reported a continued rise in the cost of developing new upstream oil projects, driven by inflation...