Daily Archives: 06/26/2021

Oil price climbing to a point where Guyana can rake in record revenues

An oil supply shortfall is coming and with OPEC+ expected to provide just a fraction of the demand, barrels from producers outside of the alliance, such as Guyana, would be needed even more. Already, dated Brent has soared past $75 a barrel – a two year high – as inventories continue to fall and demand picks up.

This scenario has seen analysts predict the return of a $100 a barrel oil price which would be the highest since Guyana began producing crude at the Liza Phase 1 Development in December 2019. This would see the Guyana government raking in around US$100 million per oil lift.        Continue reading

GUYANA: OIL: Geopolitics of oil and water in Guyana: Part 2 – By Ivelaw Griffith

The Liza Destiny FPSO – Guyana’s first oil production vessel

By Ivelaw Lloyd Griffith – OilNOW – June 25, 2021

The first article discussed Guyana’s geography and environmental conditions against the backdrop of South America’s lone English-speaking petro state. I turn attention now to the nature and impact of the flooding and offer a few prescriptions to address the challenge.

Water, Water Everywhere

Guyana’s current aqua condition calls to mind the memorable line in Samuel Taylor Coleridge’s classic poem, The Rime of the Ancient Mariner: “Water, water, everywhere.” Heavy rains are expected in Guyana at this time of the year, part of the country’s May-June rainy season.        Continue reading

CRICKET: WEST INDIES: 13-Man Squad For First Two T20’s Against South Africa – June 26-27. 2021

— GUYANA’S HETMYER NOT INCLUDED

JUNE 25, 2021 – CWI and https://cricnation592

The panel recalled Andre Russell, the talismanic all-rounder to the squad, as the defending West Indian T20 World Champions prepare for the matches which will be played at the Grenada National Stadium on Saturday 26th June and Sunday 27th June 2021. First ball daily is 2pm (1pm Jamaica Time).        Continue reading

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