Opinions

A Regional Climate Finance Fund for a Low-Carbon, Climate-Resilient CARICOM

By Dr. Ulric Trotz & Dr. Terrence Blackman - OilNOW Climate change poses significant challenges for Guyana and the Caribbean, necessitating a combination of mitigation and adaptation strategies to combat its effects. Mitigation focuses on reducing greenhouse gas emissions and...

Secretary Blinken’s Visit To Guyana Marks A Turning Point

By Riyad Insanally - OilNOW   Secretary of State Antony Blinken’s visit to Guyana on July 6 was significant for many reasons. Following so closely on former Secretary Mike Pompeo’s visit in September 2020, the first ever by an American Secretary...

Guyana’s Trade Prospects

By Jerry Haar and Cristina Caus - OilNOW A cursory view of the political, economic and social environment in South America does not instill optimism. Economic and political challenges across the region erode the confidence of both local and foreign...

Artificial Intelligence and the Development of Agriculture and Food Sectors in Oil Rich Guyana (Part 1)

By Dr. Arlington Chesney - OilNOW The Caribbean, indeed, the world, is prioritising the use of Artificial Intelligence (AI) in the modernisation of their national economies. This is associated with the proliferation of devices, such as, IoT, IIoT and InstructGPT...

Exploring the Next Generation of Opportunities for Guyana

By Tash Doimen & Dr. Terrence Blackman - OilNOW The world’s newest major oil producer, Guyana, is a hot topic in D.C. today. U.S. Secretary of State Anthony Blinken visited the country in early July, marking only the second time...

Guyana’s Public Investment Management Challenge

By Dr. Meredith Arnold McIntyre - OilNOW Guyana’s booming economy driven by rapidly increasing oil production is expected to grow by about 30% on average per year during 2023-26. The International Monetary Fund’s 2022 Article IV Consultation Report estimated that...

Guyana’s human resources – nation’s bottleneck

By Christina Caus - OilNOW In the midst of the oil and gas euphoria, the world’s fastest-growing economy—Guyana, is facing a challenge, a human resources shortage. With an average projected growth of around 25.8% between 2022 and 2024, which translates...

Mother Nature at Work: Oil and Climate Change in Guyana; Part II

By Ivelaw Lloyd Griffith This is the second article in the two-part series on Guyana’s petroleum pursuits and the likely impact of climate change dynamics on those pursuits. In the first, I looked at oil production and noted some of...

A Crucial Link for Oil and Gas Revenue Sharing: Managed Migration and Sustainable Human Development

By Dr. Terrence Blackman and Dr. Carolyn Walcott - OilNOW International and Caribbean regional forecasts indicate that Guyana's oil wealth will significantly enhance its global socioeconomic standing and create opportunities for its traditional sectors, such as agriculture and renewables, to...

Can a Universal Basic Income Scheme work in Guyana? (Transforming Guyana Season II Episode I)

By Tash Van Doimen & Dr. Terrence Blackman - OilNOW The Guyana Business Journal and the Caribbean Policy Consortium recently premiered Season II, Episode I of their webinar series, "Transforming Guyana." This episode delved into the critical topic of revenue...

Latest News

Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic...