Opinions

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

Opinions

Implementing Guyana’s Low Carbon Development Strategy (LCDS) Part 2

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By Dr. Ulric Trotz - OilNOW Guyana, together with other developing countries have been pressing for the prioritisation of climate change adaptation at international climate change meetings, and also, for the provision of financial resources to support adaptation action. While...
Opinions

Implementing Guyana’s Low Carbon Development Strategy (LCDS) Part 1

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By Dr. Ulric Trotz - OilNOW Countries that are parties to the United Nations Framework Convention on Climate Change are obliged to provide scheduled reports to the Convention, that provide information on their progress in addressing climate change adaptation and...
Opinions

Good things ahead: An industrial-scale solution for carbon emissions

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By Dr. Lorraine Sobers - OilNOW Guyana’s Petroleum Activities Bill, passed recently in Parliament underscores Guyana’s commitment to maintain its status as a net carbon sink—a country that eliminates more carbon dioxide emissions than it produces. Guyana has been a...
Energy Insights

The implications of Tullow’s Orinduik departure

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Tullow Oil has decided to sell its stake in the Orinduik Block, located offshore Guyana. At first glance, one might perceive this to indicate a lack of confidence in the prospectivity of the Orinduik Block. However, upon closer inspection,...
Industry Insight

Increased activity on Guyana FPSOs, rising variation orders counterbalance H1 revenue dip – SBM Offshore 

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SBM Offshore reported a 15% drop in directional revenue for the first half of 2023 amounting to US$1.4 billion.  The company said the decline in revenue was largely driven by a decrease in directional turnkey revenue, which dropped to US$558...
Opinions

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

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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...
Opinions

Secretary Blinken’s Visit To Guyana Marks A Turning Point

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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...
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...
Opinions

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...
Opinions

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...
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President Ali: Guyana will not cede an inch of Essequibo to Venezuela

President Irfaan Ali on Tuesday said Guyana remains “83,000 square miles proud and strong, unshakable, unbreakable,” as Venezuela pushes...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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