Daily Archives: 05/13/2022

GUYANA: Oil, Water, and Climate Change in the Guyana-Suriname Basin – By Ivelaw Lloyd Griffith

Image: Waves batter a section of Guyana’s “Sea Wall” during a high-spring tide in 2019. Source: Loop News.

“Oil don’t ‘spoil!” So once declared Eric Williams, one-time long-standing Prime Minister of oil-rich Trinidad and Tobago. This assertion is undoubtedly true. But the distinguished scholar-statesman did not contemplate a circumstance where a dangerous mix of oil and water in the context of climate change dangers could spoil lives and livelihoods within the societies blessed with oil and gas resources.

Such is the situation with the two nations in the Guyana-Suriname Basin (GSB). Technically, the GSB includes the coastal plains of French Guiana, Suriname, Guyana, and eastern Venezuela.[1] However, the focus here is on Guyana and Suriname, the Caribbean’s emerging petro-powers.          Continue reading

GUYANA seeks more diaspora involvement in advancing oil & gas economy – Opinion: OilNOW

By Dr. Terrence Blackman and Utamu Belle – OilNOW – May 8, 2022.

Guyana’s leadership wants Guyanese and its members in the diaspora to play more significant roles in the country’s developing oil and gas economy as its key players work on advancing the industry forward.

Guyana’s Foreign Secretary, Robert Persaud.

Guyana’s Foreign Secretary, Robert Persaud, emphasized this commitment during conversations with members of the diaspora at a seminar titled “Opportunities for the Diaspora in Guyana’s New Economy,” hosted by the Natural Resources Ministry in collaboration with the Ministry of Foreign Affairs and International Cooperation. The event was conducted at the Hermandston Lodge in Georgetown and virtually.

Speaking at the event, Guyana’s Foreign Secretary, Robert Persaud, stressed the need for more participation and Guyanese to take up leadership positions within the industry. He pointed out that the government is working to ensure that they can play more key, significant roles.            Continue reading

GUYANA: OIL: ‘We can’t eat a new road’: Guyanese voice fears over true cost of Exxon’s oil bonanza- Opinion

The Guyanese environmentalist Arnette Arjoon alongside fishing boats docked at Liliendaal, Georgetown.
Over time, the Guyanese environmentalist Arnette Arjoon grew to suspect Exxon was indifferent to the dangers of an oil spill to the coast and rivers of one of the best preserved parts of the Amazon biome. Composite: Fidal Bassier/Guardian/Reuters

Multibillion-dollar deal promising to lift country out of poverty may be false dawn with dire impact on climate, warn campaigners

– The Guardian – Thu 12 May 2022 12.04 BST

Annette Arjoon is not anti-oil. The marine conservationist calls the vast new oilfields off Guyana’s coast a “blessing” that will earn billions of dollars for one of the poorest countries in the Caribbean, even as she recognises that pulling yet more fossil fuel from the ground will deepen the climate crisis.

But Arjoon does have a problem with who is drilling the oil. She has seen firsthand what happens when the US’s largest petroleum company descends on a small country bearing the promise of riches.                  Continue reading

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