Opinions

Guyana and Suriname: the role of emerging oil markets on the path to net zero

By Arthur Deakin – OilNOW This year, the world has become increasingly aware of a global energy shortage as well as the irreversible damages of climate change. Throughout Europe, gas prices have tripled due to a fall in inventory meeting...

Time and tide wait for no one

By A. Bacchus – OilNOW One of my personal traits that I am working towards changing is that of being a procrastinator. I have this bad habit of waiting to undertake or complete tasks until my mind tells me that...

Guyana’s oil and gas development will offer another strong rebuke against Venezuelan aggression

By Wazim Mowla – OilNOW The development of Guyana’s oil and gas sector is its best chance to maintain its territorial integrity and sovereignty against unsubstantiated claims and aggression by Venezuela. The border controversy has plagued Guyana’s relations with Venezuela...

Local content regulations: back to the future?

By Jerry Haar – OilNOW Trade and investment liberalization has been one of the hallmarks of the global economy for the last sixty years. Both industrialized nations and emerging markets have come to realize that the positive features of neoliberal...

Investing in becoming a cut above the rest – Pt. 1

By A. Bacchus – OilNOW So, you have your business, and it is registered on the Supplier Registration Portal to be considered for contract opportunities in the oil and gas industry. What’s next? What is it about your company that...

Preparing Guyanese youth for 21st century economic development

By Wilberne Persaud – OilNOW In my April 2020 commentary: “GUYANA | Workable, Transparent Gov't Policy Needed for Oil and Gas Investment” an important bullet point read: “Guyana has but one limited, time-bound chance, to make oil and gas its...

Guyana, India and oil in the Southern Caribbean

By Scott B. MacDonald – OilNOW India is one of the world’s major oil consumers and Guyana is an up-and-coming petro-power. In March 2021, HPCL-Mittal Energy Ltd., a joint venture between state-run Hindustan Petroleum Corporation and Mittal Energy Investment, bought...

Becoming a link in the supply chain – where do we start?

By A. Bacchus - OilNOW Local content has been the talk of the town since the oil and gas industry started developing in Guyana; everybody wants a piece of the pie. For citizens, it’s been questions on the possibility of...

Guyana’s role in the emerging green energy transition

By Arthur Deakin – OilNOW In a recent offshore oil & gas conference in Houston, Guyana's foreign minister said that the country’s economy is expected to grow 500% by 2030. Guyana’s current US$6.8 billion real GDP would ignite to nearly...

Guyana: Beating the Resource Curse

By Terrence R. Blackman, Ph.D. – OilNOW ExxonMobil initiated oil and gas exploration activities in Guyana in 2008. The company drilled, safely, its first exploration well, Liza-1, in 2015. The Payara, Snoek, Liza Deep, and Turbot discoveries followed in 2017,...

Latest News

Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...