Thursday, March 23, 2023

Opinions

The Border Controversy: Diplomacy must continue to complement the ICJ Process

By Dr. Riyad Insanally - OilNOW On November 17-22, 2022, the International Court of Justice (ICJ) will hear submissions from Guyana and Venezuela on the latter’s objections to Guyana’s case seeking to uphold the validity and binding nature of the...

COP27: Can the Caribbean Region finally get funding for climate adaptation?

The 27th Conference of Parties, as expressed in our first instalment will be the greatest test of goodwill at such a critical forum. It will obviously be overshadowed by the darkness of the new geopolitical context unleashed by the Russia-Ukraine...

Russia’s war will be the greatest test of goodwill at COP27

The 27th United Nations Climate Change Conference of the Parties (COP27) will take place from November 7 to 18, 2022 in Sharm el-Sheikh of Egypt. This important event, like many others before it, will bring together representatives from nearly 200 countries. They will...

Investing in Guyana’s Manufacturing Sector

By Dr. Lorraine Sobers - OilNOW Guyana is facing an exciting future as it makes its mark in the energy sector with oil production soon to exceed one million barrels per day and plans underway to bring natural gas to...

National transformation via local content requires diaspora engagement, education, trust, and capital

By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW Guyana's oil fortunes are a gold mine with numerous opportunities for citizens to develop and deliver local content, essential goods, and services to support the oil and gas sector. However,...

A singular national vision to anchor and sustain Guyana’s transformation

By Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW During the 1970s, Guyana's leadership pursued a socialist economic path. Guyana's Non-Aligned stance and fundamental governance and foreign policy principles were built upon western non-interference and self-sufficiency. The Non-Aligned Movement's...

Latin America’s role in a potential LNG boom

By Arthur Deakin – OilNOW There is no denying that the world’s inflationary pressures and future economic prospects are directly tied to energy-related geopolitics. In early October, OPEC+ signalled support for a higher oil price by cutting production by 2...

More can be achieved through partnerships and mutually beneficial business relationships

By Dr. Dax Driver - OilNOW I really enjoyed my visit to Guyana this week to attend the Guyana Basin Summit. It was great to catch-up with old friends and colleagues and to make many new contacts as well.  This...

Guyana, oil and answering Europe’s needs

By Scott B. MacDonald - OilNOW The Russo-Ukrainian War has been a shock-like wakeup call for Europe over its heavy dependence on Russian oil, gas and coal. As European Union (EU) and other Western countries imposed economic sanctions on Russia,...

Prioritising Guyana’s Oil Revenue Spending: A Common Sense Approach

By Dr. Lorraine Sobers - OilNOW What can Guyana learn from Botswana, Ghana, Suriname, Qatar, Trinidad and Tobago, the United Arab Emirates, and Venezuela? There is great interest in this type of analysis - gleaning lessons and best practices from...

Latest News

Stabroek Block avg. daily production jumps 5% in February

The Stabroek Block’s Liza projects continue to demonstrate consistently high oil production levels. In February, the average daily production...