Opinions

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

Opinions

Letter-to-the-Editor: Further discussion needed on size of gas pipeline, use of growing resources

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Dear Editor, I read with great interest the article entitled “Gas-to-power seen as a game changer for Guyana’s energy sector” as found in the impressive second edition of the local publication ENERGY. On the surface it appears to be an...
Opinions

Stakes are high for Guyana and Venezuela in long-standing border controversy

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By Ivelaw Lloyd Griffith - OilNOW In the first article in this four-part series, I focused on Venezuela’s recent saber-rattling moves. In this 2nd part I turn attention now to stakes involved for the two South American nations. The spotlight on...
Opinions

The top three challenges of being the most appealing fossil fuel opportunity in the world

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By Arthur Deakin - OilNOW It is no longer a secret that Guyana is one of the most attractive investment opportunities in the world. The country has discovered 9 billion barrels of recoverable oil, and that is likely only half...
Opinions

Local content and immigration in Guyana

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By Steven Jasmin - OilNOW Over the past 4 years Guyana has worked hard to iterate and develop a local content strategy and policy that strikes the balance of helping and protecting the Guyanese population, while simultaneously encouraging growth. As it...
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Guyana’s geopolitical neighborhood heats up

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By Ivelaw Lloyd Griffith - OilNOW Northern South America is heating up, and not just because of the massive oil fields that have been discovered offshore Guyana since May 2015. Provocative Moves On January 7, 2021, the day after the insurrectionist rumblings...
Opinions

Critical variables in Guyana’s Workforce Development Equation

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By Terrence R. Blackman, Ph.D. - OilNOW The recent 2020 Guyana Labor Force Survey (GLFS) highlights major interest indicators in Guyana's labor force participation. In the first quarter of 2020, the total population aged fifteen (15) and above residing in...
Opinions

An approach to healing Guyana’s socio-political and economic ills [Part 2]

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By Wilberne Persaud – OilNOW Guyana’s 783 thousand population occupies a land mass of 83,000 sq ml, compared to Singapore’s 279.6 sq ml with 5.7 million population and England’s 50,301 sq ml with population 56.3 million. Respectively, 2019 GDP numbers...
Opinions

Rivalry in the Guyana Suriname Basin, the Holy Grail of oil & gas

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By Anthony T. Bryan – OilNOW From Trinidad and Tobago (T&T) it is about one hour flying time south to Georgetown the capital of the Republic of Guyana and another hour flying south to Paramaribo the capital of Suriname. These two...
Opinions

Letter-to-the-Editor: No matter the price of oil, Guyana will receive a lot of revenue

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There is a Letter to the Editor published in Sunday’s Stabroek News under the headline, “Guyana is losing US$35B by failing to negotiate a fair royalty”. While I can sympathize with the sentiment behind the letter, I believe that...
Opinions

Is the world heading for a shortfall in global oil supply?

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By Dean Foreman, Chief Economist at American Petroleum Institute It’s possible we could be headed for a shortfall in global oil supply as soon as next year – pretty remarkable considering where oil demand was last spring, with economies slowing under...
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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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