Opinions Archives - Panorama Insurance Brokers

A two-fold approach to lower emissions in Guyana: Exxon’s carbon capture strategy and a potential government carbon tax

By Arthur Deakin – OilNOW The International Energy Agency (IEA) recently set out a narrow roadmap for the world to reach net zero carbon emissions by 2050. Annual renewable energy capacity will have to be added at four times the rate of 2020, which registered a record-high 280 GW in the past year. For solar… Read More

Geopolitics of oil and water in Guyana: Part 1 – Ivelaw Griffith

By Ivelaw Lloyd Griffith – OilNOW In the first of this two-part series on Guyana’s current flood travails, I offer an analysis of the country’s geography and environmental circumstances against the backdrop of the country as a petro state. The second article will explore the impacts of the flooding, explore strategies for current and future… Read More

Managing Guyana’s oil revenues requires objective discussions – Dr. Terrence Blackman

By Terrence R. Blackman, Ph.D. – OilNOW In her essay, The Trouble with Tribes, Susan Fowler invites us to focus on the red dot in the center of the blue circle above. Within thirty (30) seconds, we experience the Troxler effect. When we fix our gaze on the red dot, the blue circle disappears, and… Read More

Oil and Gas Imperatives: Direct Foreign Investment, Local Content Policy and Governmental Transparency

By Wilberne Persaud – OilNOW Growing up in British Guiana, I marveled at Dutch engineering genius. They created the seawall, amazing below-sea-level coastal water and drainage systems. Georgetown was scenic and serene, at the time considered the Caribbean’s Garden City. Imperceptibly, as my Dad took our family around the country during those long ‘Summer’ vacations… Read More

The challenge of human capital and economic development in Guyana

By Jerry Haar – OilNOW The Guyanese highly value education, and that bodes well as the country seeks to capitalize on its oil and gas largesse and finally build the nation that all Guyanese have hoped for since independence in 1970. An encouraging development along these lines is the recent announcement that the government will… Read More

Oil slips as rising infections trigger demand concerns

(Reuters) Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with demand for commodities such as crude. Brent crude was down 17 cents, or 0.3%, at $66.60 a barrel by 0643 GMT, after rising 6%… Read More

Guyana using its foreign policy to strengthen relationship with old allies, build new partnerships with oil producing nations

By Wazim Mowla – OilNOW While some states aim to use foreign policy to increase their standing in the world, for advocacy, or as a tool to compete with others, Guyana’s has centered on promoting its economic development at home. Guyana, whose oil resources has brought it new political and economic capital, is using its… Read More

Letter-to-the-Editor: Further discussion needed on size of gas pipeline, use of growing resources

‘,};function wppasReloadBnr_wp6072d9765eb9b(){ jQuery(“.wp6072d9765eb9b”).wppas_show({bid: 45372,bw: jQuery(“.b_cont_wp6072d9765eb9b”).width(),effect:””,html: bhtml_wp6072d9765eb9b,scale: 1,timeline_arr: {“1200”:{“wp9sat6_image”:{“ID”:”wp9sat6_image”,”css”:{“layer”:{“pos_h”:”left”,”pos_v”:”top”,”z-index”:6},”item”:[]},”font”:[],”animation”:[],”data”:{“object”:”image”,”type”:”image”,”itm”:”image”,”icon”:”“,”src”:”https:\/\/oilnow.gy\/wp-content\/uploads\/2020\/10\/oilnow-business.png”,”attach_id”:45370,”layer_css”:{“pos_h”:”left”,”pos_v”:”top”,”z-index”:6},”itm_css”:[]},”zindex”:6,”v”:”522″}},”main”:{“alphaID”:”bK5x8V”},”v”:”530″},ID:45372,alphaID:”bK5x8V”,size:”728×120″,w:728,h:120,status:”active”,advertiser:9578,campaign:””,contract:””,duration:””,showhide:0,scale_banner:1,keep_aspect_ratio:1,no_follow:0,});}jQuery(document).ready(function($){$(window).load(function() {wppasReloadBnr_wp6072d9765eb9b();});}); Dear Editor, I read with great interest the article entitled “Gas-to-power seen as a game changer for Guyana’s energy sector” as found in the impressive second edition of the local publication ENERGY. On the surface it appears to be an excellent idea particularly when one considers… Read More

Stakes are high for Guyana and Venezuela in long-standing border controversy

‘,};function wppasReloadBnr_wp60718fdc686ff(){ jQuery(“.wp60718fdc686ff”).wppas_show({bid: 45372,bw: jQuery(“.b_cont_wp60718fdc686ff”).width(),effect:””,html: bhtml_wp60718fdc686ff,scale: 1,timeline_arr: {“1200”:{“wp9sat6_image”:{“ID”:”wp9sat6_image”,”css”:{“layer”:{“pos_h”:”left”,”pos_v”:”top”,”z-index”:6},”item”:[]},”font”:[],”animation”:[],”data”:{“object”:”image”,”type”:”image”,”itm”:”image”,”icon”:” “,”src”:”https:\/\/oilnow.gy\/wp-content\/uploads\/2020\/10\/oilnow-business.png”,”attach_id”:45370,”layer_css”:{“pos_h”:”left”,”pos_v”:”top”,”z-index”:6},”itm_css”:[]},”zindex”:6,”v”:”522″}},”main”:{“alphaID”:”bK5x8V”},”v”:”530″},ID:45372,alphaID:”bK5x8V”,size:”728×120″,w:728,h:120,status:”active”,advertiser:9578,campaign:””,contract:””,duration:””,showhide:0,scale_banner:1,keep_aspect_ratio:1,no_follow:0,});}jQuery(document).ready(function($){$(window).load(function() {wppasReloadBnr_wp60718fdc686ff();});}); By Ivelaw Lloyd Griffith – OilNOW In the first article in this four-part series, I focused on Venezuela’s recent saber-rattling moves. In this 2nd part I turn attention now to stakes involved for the two South American nations. The spotlight on Guyana as the world’s… Read More