Tuesday, December 7, 2021

Opinions

Guyana should adopt a natural resources fund that mirrors Norway

By Arthur Deakin - OilNOW Historically, countries that discover large amounts of natural resources, such as oil or gold, tend to create a Sovereign Wealth Fund to manage their newfound wealth. Guyana, which recently discovered 9 billion barrels of proven...

Report on QC Alumni Association Oil and Gas Symposium, by Dr. Terrence R. Blackman

By Terrence R. Blackman, Ph.D. – OilNOW Part 1 On June 09, 2021, ExxonMobil announced newly identified, high-quality hydrocarbon-bearing reservoirs below the original Longtail-1 at Longtail-3 offshore Guyana. The well, located approximately two miles (3.5 kilometers) south of the Longtail-1 well,...

Using oil to diversify Guyanese foreign policy – starting with India

By Wazim Mowla – OilNOW Amid increasing US rhetoric about competing with China in Latin America and the Caribbean, Guyana should use its newfound oil reserves to diversify its foreign relations. This process should start with India, who over the...

Guyana is lynchpin in southern Caribbean’s changing geopolitical landscape – Scott B. MacDonald

By Scott B. MacDonald - OilNOW In June 2021, Guyana was the host for Operation Tradewinds, a multinational military exercise, involving military forces from the U.S., the Bahamas, Brazil, Canada, the Dominican Republic, France, Jamaica, the Netherlands, Trinidad and Tobago,...

Geopolitics of oil and water in Guyana: Part 2 – Ivelaw Griffith

By Ivelaw Lloyd Griffith – OilNOW The first article discussed Guyana’s geography and environmental conditions against the backdrop of South America’s lone English-speaking petro state. I turn attention now to the nature and impact of the flooding and offer a...

A two-fold approach to lower emissions in Guyana: Exxon’s carbon capture strategy and a potential government carbon tax

By Arthur Deakin – OilNOW The International Energy Agency (IEA) recently set out a narrow roadmap for the world to reach net zero carbon emissions by 2050. Annual renewable energy capacity will have to be added at four times the...

Geopolitics of oil and water in Guyana: Part 1 – Ivelaw Griffith

By Ivelaw Lloyd Griffith – OilNOW In the first of this two-part series on Guyana’s current flood travails, I offer an analysis of the country’s geography and environmental circumstances against the backdrop of the country as a petro state. The...

Managing Guyana’s oil revenues requires objective discussions – Dr. Terrence Blackman

By Terrence R. Blackman, Ph.D. – OilNOW In her essay, The Trouble with Tribes, Susan Fowler invites us to focus on the red dot in the center of the blue circle above. Within thirty (30) seconds, we experience the Troxler...

Three key imperatives new oil producer Guyana should pursue

By Ivelaw Lloyd Griffith – OilNOW In Part I of this series, I examined Venezuela’s recent saber-rattling moves against Guyana, while Part II addressed the high stakes involved for the two countries. With this as background I turned to the...

Oil and Gas Imperatives: Direct Foreign Investment, Local Content Policy and Governmental Transparency

By Wilberne Persaud - OilNOW Growing up in British Guiana, I marveled at Dutch engineering genius. They created the seawall, amazing below-sea-level coastal water and drainage systems. Georgetown was scenic and serene, at the time considered the Caribbean’s Garden City....

Latest News

Guyana seeing “tremendous interest” in oil block up for auction next year – Bharrat

Guyana is already seeing “tremendous interest” in one of the remaining oil blocks to be auctioned next year in...