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...
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...
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...
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...
By Simon Flowers - Chairman, Chief Analyst and author of The Edge at Wood Mackenzie
This could be the year oil and gas roars back. Tom Ellacott, SVP Corporate Analysis, saw in early December that the industry could have its own V-shaped recovery...
By Arthur Deakin – OilNOW
On February 15, the government of Guyana opened a public consultation process for its local content policy. Guyana is set to become a top 20 global oil producer, at 1.2 million barrels a day by...
By Joel Bhagwandin - OilNOW
A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project
Part 3
The purpose of this column series is to contribute to the national debate regarding the feasibility of the gas-to-shore project that the Government...
By Wilberne Persaud - OilNOW
Consider 1: “It should be borne in mind that there is nothing more difficult to arrange, more doubtful of success, and more dangerous to carry through than initiating changes in a state’s constitution. The innovator...
By Dr. Terrence Richard Blackman - OilNOW
In an updated forecast, it has predicted that oil prices will average just above $50/b in 2021. If the IMF's projections hold, each lift of Guyana's share of crude oil from the Liza...
By Joel Bhagwandin
A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project
Part 2
Though it is assumed that ExxonMobil and its partners will be financing about 50 percent of the cost of the gas-to-shore project, the Government will...
