Opinions

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

Opinions

Dr. Ulric Trotz’s Concerns about Climate Finance

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By Dr. Ulric Trotz - OilNOW Two recent developments on the climate finance landscape cause me some concern.  The first is the agreement at the 2022 Conference of the Parties (COP) of the United Nations Climate Change Convention (UNFCCC) in Egypt,...
Opinions

Guyana’s Oil and Gas Boom – A Less Gloomy Outlook!

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By Wilberne Persaud Dashan Hendricks, Jamaica Observer’s Business Content Manager, sought Economist Damien King’s opinion on Guyana’s development prospects based on windfall oil and gas returns. The March 17, 2023 result: “‘Mark my words’… King fears resource curse could...
Industry Insight

2023 to be a boon year for project approvals with 30 expected to reach FID – WoodMac

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Wood Mackenzie predicts a positive outlook for project development with 30 out of the viable 40+ expected to reach final investment decisions (FIDs) in 2023.  But it does not come easy.  WoodMac’s Vice President, Head of Upstream Analysis Frank McKay and...
Opinions

Guyana and Venezuela: a David and Goliath match up?

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By Ivelaw Lloyd Griffith The International Court of Justice (ICJ) issued its latest ruling in the ongoing judicial saga between Guyana and Venezuela on April 6, last, during the week when three of the world’s most influential religions—Christianity, Islam, and...
Opinions

Guyana: Economic Diversification Key to Long-Term Development

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By Dr. Meredith Arnold McIntyre - OilNOW This is the second in a series of articles on economic and development policy to protect Guyana from experiencing “Dutch Disease.” The rapidly expanding oil sector and associated rising oil revenues have placed...
Opinions

How companies can win in the upcoming oil auctions in Guyana

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By Arthur Deakin - OilNOW Within months, Guyana is expected to have auctioned 14 different oil blocks surrounding the biggest offshore oil discovery in the last decade. The government has announced that there could be 25 billion barrels of...
Opinions

Public-Private Partnerships—A Promising Path Forward if Done Right

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By Jerry Haar Assessing the economic condition of the State of Maryland where he was elected governor in January, Wes Moore concluded: “we are asset rich and strategy poor.” Some would argue that evaluation applies to Guyana,...
Opinions

Riding the wave: Guyana’s stock exchange and the thriving oil and gas economy

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By Dr. Carolyn Walcott & Dr. Terrence Blackman Many people in Guyana, a small country, culturally a part of the Caribbean, located in the northeastern corner of South America, must be made aware that the country has a stock exchange....
Opinions

From Black Gold to Green Fields: The Promise of Guyana’s Oil Wealth in Supporting Agriculture

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By Dr. Carolyn Walcott & Dr. Terrence Blackman Guyana, a small country on the Atlantic coast of South America, is in the throes of a significant economic transformation. The 2015 discovery of large oil and gas reserves off its coast...
Opinions

Technology and Innovation: The gateway to development for the Guyanese people

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By Christina Caus - OilNOW We live in vulnerable energy times. The energy crisis, climate change, and energy transition are all shaking and shaping the global future.  "The energy realities of the world remind us that oil and gas will be here for decades to...
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