Daily Archives: 03/18/2022

GUYANA: APA calls on Govt. to give more support to Venezuelan migrants

Venezuelan refugees at a landing in Charity, Region #2 Guyana

The APA said its call follows the recent influx of migrants experienced by the Region 2 community of Kabakaburi and their forced relocation that followed just days after, even though the indigenous community began to support and have since indicated their willingness to support them.  Continue reading

CHINA: How China Plans to Win the Future of Energy – Bloomberg video

How China Plans to Win the Future of Energy

Bloomberg – Mar 15, 2022

China, the world’s biggest polluter, has committed to reach net zero emissions by 2060, an ambitious goal matched by enormous investments that are reshaping the nation’s energy system.

#China2030 #Asia #BloombergQuicktake

OIL: Guyana ramps up production; IEA warns of coming global oil supply shock

The Liza Unity FPSO, Guyana’s second oil production vessel.

Surging commodity prices and international sanctions levied against Russia following its invasion of Ukraine are expected to significantly depress global economic growth, says the International Energy Agency (IEA) in its March 2022 Oil Market Report (OMR).

The IEA said as a result of the Russia-Ukraine conflict it has revised down its forecast for world oil demand by 1.3 mb/d for 2Q22-4Q22, resulting in 950 kb/d slower growth for 2022 on average. Total demand is now projected at 99.7 mb/d in 2022, an increase of 2.1 mb/d from 2021.      Continue reading

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