Opinions

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

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...

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

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...

Transforming Guyana, Episode X: Unlocking Guyana’s Oil and Gas Potential, Balancing Energy Development and Environmental Stewardship

By Terrence Blackman, Ph. D. & Utamu Bell In Episode 10, “Unlocking Guyana’s Oil and Gas Potential,” in the Transforming Guyana webinar series hosted by the Guyana Business Journal (GBJ) and the Caribbean Policy Consortium (CPC), the episode explored a...

The Vreed-en-Hoop Shorebase is not a public-private partnership

By Joel Bhagwandin - OilNOW I am writing in reference to a letter published the Stabroek News on March 23, 2023, with the caption, “Vreed-en-Hoop shore base, funded with Guyana’s oil revenues makes it a private, public partnership”.  I must disclose...

Trinidad and Tobago’s Proposed Energy Alliance

By Riyad Insanally Last month, Trinidad and Tobago (T&T) Energy Minister Stuart Young proposed a Caribbean energy alliance involving Guyana, Suriname and, of course, his own country. In broad terms, he was offering T&T’s established capacity to process oil and...

Regional Collaboration in Guyana’s Gas-to-Power Project

By Dr. Lorraine Sobers - OilNOW There was greater Trinidad and Tobago presence at this year’s International Energy Conference and Expo Guyana 2023, than in 2022. Trinidad and Tobago Prime Minister, Dr. the Hon. Keith Rowley, was one of...

Guyana’s sustainable approach to economic development

By Cristina Caus - OilNOW Last month, Guyana gathered leaders for a four-day international energy conference to discuss how the oil & gas sector can harness the country’s development. Given the current global energy context, sustainability was the hot-button topic...

Guyana’s Challenge: Avoiding ‘Dutch Disease’

By Dr. Meredith Arnold McIntyre - OilNOW Guyana’s medium-term prospects are highly favourable and driven by fast expanding oil production. To date, international oil producers have discovered 11 billion barrels of commercially recoverable oil and gas that promise to transform...

The Big Thinking of Carbon Credits

By Dr. Lorraine Sobers - OilNOW John Hess, CEO of Hess Corporation, speaking at the recently concluded International Energy Conference and Expo Guyana, explained to the audience that “Carbon credits provide financial incentives to preserve forests and biodiversity that are...

Agriculture and the Oil and Gas Economy

By Utamu Belle and Dr. Terrence Blackman – OilNOW The ninth installment of the Guyana Business Journal (GBJ) and Caribbean Policy Consortium (CPC) webinar series, “Transforming Guyana,” focused on “Guyana’s Agricultural Sector and the Oil and Gas Economy.” Farming and energy...

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Shearwater mobilizes Amazon Warrior for 3D survey offshore Suriname

Norwegian marine geosciences company Shearwater is deploying its Amazon Warrior vessel for a 150-day, 6,042 sq km 3D seismic...