Category Archives: Technology

Business: Big Oil has a do-or-die decade ahead because of climate change – The Economist

Schumpeter …….The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive
The Economist – Business –Jan 18th 2020 edition

Many will scoff. Oil companies are, after all, widely regarded as the villains of the climate crisis. Repsol is a relatively puny producer; its vow may simply be a gambit to woo investors keen on “sustainability”. Yet it deserves a pat on the back. Without the oil industry’s balance-sheets and project-management skills, it is hard to imagine the world building anything like enough wind farms, solar parks and other forms of clean energy to stop catastrophic global warming. The question is no longer “whether” Big Oil has a big role to play in averting the climate crisis. It is “when”.  Continue reading

The Uneasy Truce of Trump’s Trade Deal with China – John Cassidy | The New Yorker

USA – China flags

John Cassidy | The New Yorker

When the history is written of how China came to replace the United States as the world’s biggest economy, the interim trade deal that Donald Trump and Liu He, China’s Vice-Premier, signed at the White House on 15 January 2020 will probably be relegated to the postscript.

The economic growth that China has experienced since Deng Xiaoping came to power, in the late nineteen-seventies, is so remarkable that, once you adjust for the fact that prices of the same goods can vary widely from country to country, China’s economy is already about four trillion dollars larger than the U.S. economy, according to the World Bank. As time goes on, this gap will almost certainly get larger and larger.            Continue reading

Guyana Infrastructure: 28 traffic lights still inoperable due to stolen batteries

The vandalized traffic lights

Since then, the vandalized traffic lights are unable to function causing much concern to commuters. All the traffic lights are solar-powered.

According to the Ministry, the batteries cost over G$2M to replace. Not only did the thieves remove the solar powered batteries, they also removed the backups as well.  Continue reading

Boeing’s Tough Challenges as Civilian Aircraft Maker – Marshall Auerback | Asia Times

— Marshall Auerback | Asia Times

The dismissal of Dennis Muilenburg as chief executive of Boeing might have looked like an early Christmas present to the employees and shareholders of Boeing, but the company’s disease has gone way past the point where any single corporate surgeon can save the patient. For those who bothered to look – and this evidently did not include the US Federal Aviation Administration – Boeing’s increasing degeneration has been evident for decades, even as the stock price continued to rise, as a consequence of quirky accounting practices that masked the company’s deteriorating cash flow position.

If the 737 Max 8 is killed off for good, it will create a huge existential risk for Boeing’s future as a viable civilian aviation manufacturer, as the company had projected revenues from its 737-related sales into its business plans for many years to come – it goes without saying that the Pentagon will keep the company afloat, with Boeing effectively operating as a military subdivision of the Department of Defense.          Continue reading

GUYANA: Oil flows for Xmas as Exxon finds yet another well

BY BERT WILKINSON – Caribbean Life News NY

The company had always led Guyanese to believe that first oil would have flowed from the seabed sometime in March of 2020, but just before half past nine on Dec. 20, American supermajor ExxonMobil announced that Guyana had officially become the world’s newest producer of crude oil, less than five years after Exxon had first boasted about an offshore commercial find.

Senior company officials had said that it was standard practice to add a six-month additional period to the real deadline to cater for eventualities and extensive safety checks before a startup date was announced, hence March as the outer deadline that had had been fed to industry observers for months.            Continue reading

Guyana: Pres. Granger commissions new power station in Bartica

—  solar farm plans moving ahead

The new Bartica Power Station.

President David Granger Saturday morning December 28, 2019 commissioned a US$3.4 million power station at Dogg Point, Agatash in Bartica, Cuyuni-Mazaruni (Region 7), where he noted that it will bring unprecedented relief to residents who have experienced severe power outages over the years.

The President in his address at a simple ceremony, said it is inconceivable that Guyana can be on a path of development and ignore the evolution of its hinterland communities.          Continue reading

Earth’s Magnetic North Pole Continues Drifting, Crosses Prime Meridian

By Stephanie Pappas | Space.com

Earth’s magnetic north pole, which has been wandering faster than expected in recent years, has now crossed the prime meridian.

Magnetic north has been lurching away from its previous home in the Canadian Arctic toward Siberia at a rate of about 34 miles (55 kilometers) a year over the past two decades. The latest model of the Earth’s magnetic field, released Dec. 10 by the National Centers for Environmental Information and the British Geological Survey, predicts that this movement will continue, though likely at a slower rate of 25 miles (40 km) each year.

This model is used to calibrate GPS and other navigation measurements.             Continue reading

Oil Exploration: ExxonMobil in 15th oil find offshore Guyana

ExxonMobil today said it had made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block.

In a release, the company said that the discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.            Continue reading

A Guyana SPEAKS Special: featuring Guyana’s Oil – 29 December 2019 – London UK

Dear Friends,
Guyana joined the ranks of the world’s oil producers for the first time on Friday, 20th December 2019.  Exxon Mobil’s production of crude off the coast of Guyana was described by President David Granger as “momentous event” that is predicted to transform the economy and the lives of all Guyanese. To hear more on the topic of oil and gas, please join His Excellency Mr. F. Hamley Case at a Guyana SPEAKS Special on Sunday, 29th December (11.30-14.00) at the Classic in Tooting Bec.
Flyer for Oil 2019.png

Continue reading

Americas Top Young Scientist – 11 years old- wins award for Inventing a Water Testing Product

Subject: Top Young Scientist
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Subject: Top Young Scientist – ABC News
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Amazing young scientist Gitanjali Rao lives in the state of Michigan USA. Her parents were originally from Mangalore, India. She was concerned about the level of lead in drinking water and decided to create a testing product that would more accurate and faster in analyzing water samples, for which she won an award.
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She was only 11 at the time, but difficult words roll off her tongue that many may not be able to pronounce nor know the meaning of! Watch her speak. She’s such a delight.
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