Opinions

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...

Sustainable Energy from Ideas to Projects: Part 2

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...

Sustainable Energy from Ideas to Projects: Part 1

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...

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

By Ivelaw Lloyd Griffith This is a two-part series on Guyana’s petroleum pursuits and the likely impact of climate change dynamics on those pursuits. In this first article, we look at oil production and note some of the climate change...

Making From “Black Gold to Green Fields” a Reality

By Dr. Arlington Chesney - OilNOW In an April 2023 article by Terrence Blackman and Carolyn Walcott, “From Black Gold to Green Fields: The Promise of Guyana’s Oil Wealth in Supporting Agriculture”, the authors emphasized Guyana’s significant oil and as...

OP-ED: Venezuelan Reactions to the ICJ Ruling

By Riyad Insanally - OilNOW In an April op-ed, Ivelaw Griffith provided us with an informative summary and analysis of the April 6th ruling by the International Court of Justice (ICJ), dismissing Venezuela’s preliminary objections to the case brought by...

Latest News

Suriname’s GranMorgu FPSO enters fabrication phase 

SBM Offshore has begun fabrication of the GranMorgu floating production, storage and offloading (FPSO) vessel. On May 20, the...