Opinions

Distilling Guyana’s Oil and Gas Regulatory Framework: Interpreting and Applying section 94 (1) of the Petroleum Activities Act

By Chevy Devonish On 24th June 2024, Guyana’s High Court ordered that section 94 (1) of the Petroleum Activities Act (PAA) requires that the Minister of Natural Resources (the Minister) and ExxonMobil Guyana Ltd. (ExxonMobil) be added to ongoing proceedings...

Distilling Guyana’s Oil and Gas Regulatory Framework: The Introduction

By Chevy Devonish ExxonMobil Guyana Limited (ExxonMobil), and its partners Hess and CNOOC started oil and gas exploration in Guyana in 2008, and the first significant discovery, Liza-1, was made in 2015. In his 2024 budget speech, Dr. Ashni Singh, Senior...

Gas to Energy Project – the most transformational project in Guyana’s history

By Cristina Caus - OilNOW The Gas-to-Energy project is an embodiment of Guyana’s mission to transform its historically underperforming economy, now one of the fastest growing, into a world-class and competitive environment. The GtE project represents one of the largest...

Lessons learned for Guyana (Part 2) – The neighboring sister, Suriname

By Cristina Caus - OilNOW Bonded by a resemblant fate, Suriname and Guyana are more than just neighbors divided by the Courantyne/Corentyne River. Once one territory, they lived a similar experience while separated and colonized by the British and Dutch...

Hydrogen energy technology adoption- Part I

By Dr. Lorraine Sobers - OilNOW There are two types of people: those who accept and adopt new technology before it becomes mainstream and those who wait for the hype to die down. The energy sector has its fair share...

Guyana’s economic transformation: Addressing the digital skills gap

By Dr. Meredith Arnold McIntyre - OilNOW The Guyanese economy continues to grow very rapidly, driven by the booming oil sector and supported by the government’s modernization plans. GDP continues to expand at an unprecedented rate following growth of...

Five major implications of the Chevron-Hess US$53 billion acquisition

By Arthur Deakin - OilNOW The recent merging of oil and gas companies in the U.S. indicates that energy majors see a long-term future for specific hydrocarbons in the energy transition. Chevron’s announcement of their US$53 billion all-stock acquisition...

Oil and bullyism: Venezuela opens the intimidation playbook again (part 3)

By Ivelaw Lloyd Griffith - OilNOW In light of recent developments in the border controversy between Guyana and Venezuela, I thought it worthwhile to expound on the newest tactics in Venezuela’s intimidation playbook. In Part 1, I examined two questions....

Rowley walks tightrope between Venezuela gas deal and defense of Guyana’s sovereignty

Prime Minister Dr. Keith Rowley of Trinidad and Tobago finds himself at the intersection of geopolitical issues that place him and his country in a sensitive but crucial position. On one hand, he must navigate the growing tensions between...

Oil and bullyism: Venezuela opens the intimidation playbook again: part 2

By Ivelaw Lloyd Griffith - OilNOW In looking at Venezuela’s recent bullying actions against Guyana, the first article in this two-part series examined two questions. First, what exactly is the latest bullying attempt? Second, why this latest Playbook effort? In...

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Oil hits US$110 as Trump’s ominous deadline to Iran nears

Global oil prices moved higher this week as tensions between the United States and Iran intensified ahead of a...