Opinions

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

Opinions

Guyana’s Trade Prospects

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

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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...
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Exploring the Next Generation of Opportunities for Guyana

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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...
Opinions

Guyana’s Public Investment Management Challenge

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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...
Opinions

Guyana’s human resources – nation’s bottleneck

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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...
Opinions

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

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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...
Opinions

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

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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...
Opinions

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

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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...
Opinions

Sustainable Energy from Ideas to Projects: Part 2

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By Dr. Lorraine Sobers - OilNOW Guyana has launched into the energy sector at an historic time as the world begins the energy transition away from predominant fossil fuels to increasing renewable energy use. Starting in 2015, the country rapidly...
Opinions

Sustainable Energy from Ideas to Projects: Part 1

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By Dr. Lorraine Sobers - OilNOW The Energy Chamber of Trinidad and Tobago hosted the Caribbean Sustainable Energy Conference (CSEC) 2023 on June 5-7 at the Hyatt Regency, Port of Spain, Trinidad. The energy transition facing the sector, net-zero...
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