Opinions

Exxon made US$56 billion last year. So, what?

ExxonMobil made a US$55.7 billion profit in 2022. That is a huge number. So, when Guyanese media outlets report on the oil major’s earnings, many locals are quick to assume that these earnings are Esso Exploration and Production Guyana...

Energy diplomacy in Guyana and Caricom

By Dr. Riyad Insanally - OilNOW Introduction On January 24 last, the Kaieteur News (KN) reported that an erroneous map of Guyana was used by Rystad Energy, as part of a panel discussion at the recently held Trinidad and Tobago (T&T)...

The Oil & Gas Sector: Implications For Agriculture Being More Than Food On The Table

By Dr H. Arlington Chesney - OilNOW An integrated and holistically conceptualised oil and gas sector could assist in developing a transformed and modernised Guyana and regional agriculture and contribute to regional food security. It could thus again be a...

Experts Explore the Investment Climate in Guyana

By Utamu Belle and Dr. Terrence Blackman – OilNOW The eighth installment of the GBJ and CPC's webinar series, "Transforming Guyana,” focused on "Investment Attraction and Retention, and the importance of Protection, Regulations and the Business Environment." These webinars bring...

2022 Year in Review of Guyana, Part 2: In Closing…

By Dr. Lorraine Sobers In my latest article, I rehashed a selection of themes addressed during 2022. Regular readers and energy sector observers may have noticed the omission of local content, education, ESG criteria, Guyana’s political stability and positioning on...

Navigating the Emerging Oil & Gas Economy for Guyana’s Indigenous Communities: Consultation, Challenges, and Opportunities

By Sydney Allicock, Dr. Carolyn Walcott and Dr. Terrence Blackman - OilNOW The Indigenous Peoples of Guyana, known locally as Amerindians, comprise nine distinct groups, each with their own unique culture and traditions, three in coastal areas and six in...

Geopolitics of Oil: the case of Venezuela and lessons for Guyana

By Joel Bhagwandin – OilNOW Over the past two decades, Venezuela has changed to become a problematic country from an investment perspective. Venezuela’s political and economic history supports the assertion that Venezuela has and continues to be a risky place...

The Paradox of Plenty: Reflections on Implementing Guyana’s Local Content Laws

By Vivian M. Williams, Esq. and Dr. Terrence Blackman - OilNOW In October 2022, the Guyana Business Journal (GBJ) challenged a panel in Episode V of its Webinar series Transforming Guyana to deliberate on How Guyana could maximise local capture...

The Right to Produce

By Cristina Caus and Jerry Haar - OilNOW After years of resistance from rich governments, in November 2022 at the COP27 Summit in Egypt the principals finally agreed to set up a “loss and damage” fund to help developing nations...

Guyana needs an ‘elixir of policies’ that will benefit its people

By Jerry Haar - OilNOW Countries do not survive or thrive on macroeconomics and politics alone. Those factors are most important; however, there are structural and institutional forces and factors at play that occupy an even larger role in how...

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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...