Opinions

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...

Guyana: Waiting for ICJ Decision, but also Investing in Security; Part 1

By Ivelaw Lloyd Griffith – OilNOW This is the first of a two-part series on the ongoing territorial-judicial saga between Guyana and Venezuela. Here, we provide some recent developments on Guyana’s oil exploration and production landscape, which have increased the...

Guyana’s Economic Boom and the Labour Market

By Dr. Meredith Arnold McIntyre - OilNOW Guyana’s rapidly expanding oil sector has the potential to profoundly transform the economy. Oil production is currently above 300,000 barrels per day (bpd) and is projected to reach 720,000 bpd by 2026. The...

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Safina Lutchman: Matpal’s First Female Graduate in Shipboard Navigation

Cadet Safina Lutchman has made history as Matpal Marine Institute’s first female graduate in Shipboard Navigation, an achievement that...