Estimated read time 6 min read
Guyana Latin America and the Caribbean Suriname

Bright Future For Suriname And Guyana

(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 [more…]

Estimated read time 5 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 4 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 1 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 2 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 2 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 2 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 2 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 2 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 5 min read
Guyana Latin America and the Caribbean Suriname

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 [more…]

Estimated read time 3 min read
Guyana Latin America and the Caribbean Suriname

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 [more…]

Estimated read time 6 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 5 min read
Guyana Latin America and the Caribbean

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. [more…]

Estimated read time 5 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 5 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 4 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 5 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 5 min read
Guyana Latin America and the Caribbean

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 [more…]

Estimated read time 2 min read
Guyana Latin America and the Caribbean

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 [more…]

Guyana Latin America and the Caribbean Venezuela

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 [more…]

Guyana Latin America and the Caribbean

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 [more…]