(Petroleum Economist, 2.Dec.2020) — Crumbling oil prices and volatile energy demand have tipped Latin America into a sharp recession, exacerbated by one of the world’s worst Covid-19 mortality rates. But […]
Tag: David Granger
A Not-To-Do List For Guyana’s New Govt
(IPS, 24.Aug.2020) — Just over five years ago, a major oil discovery occurred on the northeastern coast of South America. There have been a series of additional discoveries ever since. […]
Guyana Planning For More Demands On ExxonMobil
(Forbes, 20.Aug.2020) — With the newly-elected People’s Progressive Party/Civic (PPP/C) government now firmly in place following five months of vote-counting controversy, Guyanese President Irfaan Ali and his Vice President, Bharrat […]
UK’s Global Witness Urges Guyana Renegotiate Oil Deal
(Caribnews, 18.Aug.2020) — The United Kingdom-based, anti-corruption organization Global Witness yesterday called on the new Government here to immediately investigate and renegotiate the US-owned oil giant Exxon’s exploitative oil license […]
Guyana Pushes Exxon For Gas-generated Electricity
(DemeraraWaves, 14.Aug.2020) — The Guyana government plans to open negotiations with United States (US) oil giant ExxonMobil to purchase natural gas to push industrialisation and provide cheap electricity to the […]
Guyana Poised To Clear Exxon’s Payara Oil Deal
(Seeking Alpha, 11.Aug.2020) — Guyana’s new government will decide by the end of August whether to approve Exxon Mobil’s 220K bbl/day Payara project, the country’s natural resources minister says. Payara […]
Guyana Mulls Absorbing Energy Dept Into Ministry
(Argus, 10.Aug.2020) — Guyana’s new natural resources minister is computer scientist Vickram Bharrat, a key appointment for the rapidly expanding oil sector. Bharrat, who is part of the administration of […]
Carter Center On End To Guyana Election Standoff
(Carter Center, 3.Aug.2020) — The Carter Center commends the Guyana Elections Commission and Chairperson Claudette Singh for finalizing the results of the 2020 election. It extends its congratulations to President […]
Guyana Elects Mohamed Irfaan Ali President
(Energy Analytics Institute, 2.Aug.2020) — Guyana’s Election Commission (GECOM) announced 2 August 2020 that Mohamed Irfaan Ali, the leading candidate from the People’s Progressive Party/Civic (PPP/C) had won the country’s […]
A Tale Of Two Neighbours: Guyana And Suriname
(Jamaica Observer, 26.Jul.2020) — Recent electoral events in Guyana and Suriname, which border each other on the north-eastern coast of the South American continent, display a remarkably different approach to […]
World’s Newest Oil Boom Is Facing A Major Problem
(Oilprice.com, 22.Jul.2020) — After a series of major offshore oil discoveries since 2015, with the largest ever made earlier this year, the tiny South American country of Guyana has become […]
Situation In Guyana Goes From Bad To Worse
(Forbes, 18.Jul.2020) — As I wrote earlier this month, the future of the nascent oil and gas industry in the South American nation of Guyana is standing on shaky ground […]
Visa Curbs On Guyanese “Undermining Democracy”
(US Treasury, 15.Jul.2020) — On 2 March 2020 the Co-Operative Republic of Guyana held national elections, but it has still not declared a winner. All international observers of the vote […]
Vote Standoff Prolongs Guyana Uncertainty
(Argus, 13.Jul.2020) — Guyana’s political stalemate is prolonging uncertainty over the future management of the South American country’s fledgling oil sector, and raising the prospect of US sanctions. The declaration […]
Exxon Restarts Drilling Off Guyana Amid Political Crisis
(Bloomberg, 10.Jul.2020) — Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its dedication to the offshore hot spot despite the oil price crash and a messy turn in […]
OAS Statement On Electoral Process In Guyana
(OAS, 10.Jul.2020) — In our most recent press statement, on 23 June 2020, the OAS encouraged the Guyana Elections Commission (GECOM) to move forward in concluding Guyana’s electoral process, based […]
Guyana Awaits New Oil Authorities
(Argus, 9.Jul.2020) — Changes are coming to the management and policy of Guyana’s fledgling oil sector, after a regional court cleared the way for declaring a victory for the opposition […]
Guyana Oil Find Raises Stakes In Fraud Case
(Stabroek News, 27.Jun.2020) — Allegations of mass vote fiddling in the former British colony of Guyana may lead to the country’s discredited government being ostracised unless a court hearing next […]
The Oil Nation Aiming To Emulate Guyana’s Success
(Oilprice.com, 20.Jun.2020) — Paths to economic development might vary, ranging all the way from ruthless dictatorships hewing their way with an iron fist to established democracies laboring towards the well-being […]
Carter Center Welcomes Caricom Report On Guyana
(The Carter Center, 16.Jun.2020) — The Carter Center commends the Guyana Elections Commission on the completion of the recount process and welcomes the Caricom report, which indicates that despite minor […]
Winds Shifting In Oil-rich Guyana, Suriname
(Argus, 8.Jun.2020) — Opposition parties pledging oil policy changes in Guyana and Suriname are close to taking power, but incumbents are signaling reluctance to step down. Guyana’s opposition People’s Progressive […]
Guyana Election Data Shows Opposition Leader Ali Wins
(Reuters, 8.Jun.2020) — Preliminary data published by Guyana’s elections commission shows that opposition candidate Irfaan Ali has won a recount of votes in March’s presidential election following accusations the tally […]
Coalition Says GECOM “Put On Notice”
(GINA, 7.Jun.2020) — The APNU+AFC Coalition today again expressed concerns over the state of affairs of Guyana Elections Commission (GECOM) and cautioned that the elections body cannot use any “fraudulent” […]
Statement From The OAS On The Elections In Guyana
(OAS, 4.Jun.2020) — The General Secretariat of the Organization of American States (OAS) is mindful that the recount of the votes cast in the March 2 General and Regional elections […]
Guyana Political Stalemate Drags On
(Argus, 15.May.2020) — Fledgling oil producer Guyana’s political stalemate is dragging on amid slow progress in a closely watched recount of votes from a disputed 2 March parliamentary election. The […]
Guyana Poised To Become A Rich Country
(Miami Herald, 13.May.2020) — The discovery of oil off its Atlantic coast is poised to transform a largely underdeveloped Guyana from one of South America’s most polarized and poorest nations […]
A Political Crisis Threatens To Derail Guyana’s Oil Boom
(World Politics Review, 28.Apr.2020) — Despite growing signs of a dramatic and global economic downturn stemming from the coronavirus pandemic, the small South American country of Guyana appears poised for […]
Guyana’s Oil Dream: A Tale Of Smoke And Mirrors
(Jamaica Gleaner, 17.Apr.2020) — Picture soaring sky-scrapers with glistening glass windows adorning cathedrals of steel that dominate the illuminated skyline. This image encapsulates the dreams of many developing countries which […]
Political Battle Could Jeopardize Oil Boom
(Oilprice.com, 6.Apr.2020) — Amidst the torrent of news on the adverse impacts of COVID-19, recent developments in Guyana stand out as something of a countercurrent. In times when the entire […]
Guyana’s New Oil Economy Under Pressure
(Bloomberg, 24.Mar.2020) — When Exxon Mobil Corp. came to Guyana, the US oil giant brought with it the promise of extraordinary economic growth. Now the tiny South American country is […]
Exxon, Guyana Head Toward Uncertain Future
(OilandGas360.com, 20.Mar.2020) — They are the odd couple of the global oil patch: Guyana is a poor former British sugar colony. Exxon Mobil is America’s largest oil company. They came […]
Guyana’s Oil-soaked Election Heads For Recount
(Axios, 16.Mar.2020) — Guyana’s March 2 election came while the country is on the cusp of a transition from relative poverty to newfound wealth — and it was marred by […]
Guyana Extends Search For Agent To Sell Govt’s Oil
(Reuters, 11.Mar.2020) — Guyana has extended the initial deadline in its search for an agent to market its share of oil produced by an Exxon Mobil-led consortium to March 24, […]
Guyana Court Halts Release Of Election Results
(Reuters, 8.Mar.2020) — Guyana’s top court on Sunday upheld an injunction blocking the elections commission from proclaiming a winner in this month’s presidential election, delaying the results of a vote […]
Jason Carter Speaks To Media In Guyana
(Energy Analytics Institute, Ian Silverman, 6.Mar.2020) — The Carter Center’s Jason Carter speaks to media in Guyana on 6 March 2020 regarding that country’s elections 2 March 2020 and issues […]
Oil Bonanza Plunges Guyana Into Political Crisis
(The New York Times, 5.Mar.2020) — The discovery of an enormous oil deposit off the coast of Guyana was meant to catapult this tiny country into the top echelons of […]
Granger Says Ready To Serve Five More Years As President
(Reuters, 5.Mar.2020) — Guyanese President David Granger on Thursday told supporters his coalition was ready to serve five more years in office following the country’s presidential election on Monday. Opposition […]
Guyana Elects Leader As Vast Oil Boom Dawns
(AP, 4.Mar.2020) — Guyana voted for a new government on Monday in a bruising fight for control of a tiny South American country whose oil revenues in the next decade […]
Guyana Holds Crucial March Election
(Aljazeera, 2.Mar.2020) — Guyana’s economy is expected to be transformed by oil and gas discovered off the poor South American country’s shores. Voters in Guyana will head to the polls […]
Watchdog: Exxon Guyana Deal ‘Exploitative’
(Forbes, 5.Feb.2020) — As ExxonMobil kicks off production on the world’s largest emerging oil projects, debate has intensified over the terms of contracts signed between the global oil giant and […]
Guyana’s National Petroleum Day
(Guyana Govt, 21.Dec.2019) — Under the honest leadership of President David Granger, Guyana is finally moving in the right direction. President Granger is transforming Guyana’s economy, improving the living standards […]
Oil Brightens Guyana’s Prospects
(CaribNews, Mellany P., 28.Nov.2019) — President David Granger said Wednesday that the emerging petroleum industry provides an “exciting economic and enterprising development” for Guyana and will enhance economic growth by […]
Guyana Must Learn To Use Its Riches
(Upstream, Gareth Chetwynd, 26.Sep.2019) — As development on Guyana’s Stabroek block continues apace, it is worth considering that the Liza development took form in an era when low oil prices […]
Guyana Key Elections To Come Ahead Of First Oil
(Argus, 26.Sep.2019) ) — Guyana will hold parliamentary elections on 2 March 2020, around the time that ExxonMobil plans to launch offshore oil production that promises to transform the economy […]
Diplomats Say Guyana Gov’t In Breach Of Constitution
(Reuters, 19.Sep.2019) — U.S. and European diplomats on Thursday declared Guyana’s government in breach of the country’s constitution until new elections are held and called on Guyanese President David Granger […]
Guyana Find Progresses Amid Political Tensions
(Forbes, David Blackmon, 29.Jul.2019) — Nothing is ever easy or simple in the world of international offshore oil and gas development. That axiom is proving to be true for the […]
About Guyana: GECOM
(GECOM, 5.Jul.2019) — Guyana, the only English speaking country in South America was first inhabited by the Amerindians until the era of the European exploration when the Spanish began using […]
Guyana Election Heightens Political Risk For Operators
(Energy Voice, Ryan Stevenson, 21.Jun.2019) — Guyana is due to hold a general election later this year that could have a significant bearing on the country’s emergence as a new […]
Ghana To Help Guyana’s Energy Sector
(Demerara Waves, 11.Jun.2019) — Ghana’s President, Nana Akufo-Addo has agreed that his country would help Guyana’s energy sector, Director-General of the Ministry of the Presidency, Joseph Harmon said. Briefing the […]