Opinions

The implementation deficit and regional food import bill

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...

Guyana – The local content spat – dangers of inattention

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...

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

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...

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

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...

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

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...

On refining the trajectory of Guyana’s local content requirements

Dr. Terrence Richard Blackman - OilNOW On February 15th - 18th, 2022, an International Energy Conference & Expo: Charting a Sustainable Energy Future was held at Guyana's Marriott Hotel. One highlight of the meeting was the panel discussion on Guyana's...

Biden administration faces hurdles with any potential Venezuela oil deal

By John Kimelman In 2019, the U.S. imposed a ban on the importation of Venezuela oil shortly after President Nicholas Maduro won reelection in a vote widely seen as fraudulent. But the Biden administration is reconsidering that decision in the wake...

Opportunities for women through the oil and gas sector

By A. Bacchus A pertinent conversation today, globally, is on the opportunity for women to have a seat at the table—in all things. With the oil and gas industry in Guyana, that conversation is now closely embedded in that of...

Agriculture more than food on the table: A conceptual approach within Guyana’s oil and gas riches

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...

Women in O&G: Latoya Jack shares her journey to success in Guyana’s newest industry

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...

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A look at Guyana’s engineering masterpiece, the New Demerara Bridge

Guyana’s skyline has a new landmark. On October 5, the much-anticipated New Demerara River Bridge officially opened,  a 2,800-meter...