Could Guyana’s Exxon Ruling Scare Off Big Oil?
May 23rd, 2023
Via The Guardian, an article on whether a recent Guyana court ruling requiring ‘unlimited guarantee’ from oil firms to cover costs of spills could change offshore drilling throughout region: A ruling from Guyana’s high court could change the face of offshore oil drilling throughout the Caribbean, according to financial and legal analysts. The ruling ordered […]
Read more »Oil Boom Transforms Guyana and Prompts A Scramble For The Spoils
May 9th, 2023
Via AP News, an article on Guyana and how things are changing in light of the oil boom: Villagers in this tiny coastal community lined up on the soggy grass, leaned into the microphone and shared their grievances as someone in the crowd yelled, “Speak the truth!” And so they did. One by one, speakers […]
Read more »Guyana Greenlights $12B Oil Development Plan
April 27th, 2023
Via Energy Daily, a report on Guyana;s $12B oil development plan: Guyana has approved a more than $12 billion investment proposal by a US and Chinese consortium seeking to develop an offshore oil field, Vice President Bharrat Jagdeo said Wednesday. The consortium is led by ExxonMobil, and includes the China National Offshore Oil Corporation and […]
Read more »Venezuela Claims Nearly Three-Quarters of Guyana
February 18th, 2023
Via The Washington Post, a report on the Venezuela/Guyana border dispute: For decades, maps and charts produced by Venezuela have represented the 61,000-square-mile territory — nearly three-quarters of Guyana — as an integral part of … Venezuela. It’s what governments in Caracas of all ideologies have argued, what generations of schoolchildren have been taught. It’s […]
Read more »Guyana’s Offshore Oil Boom
January 21st, 2023
Via Geopolitical Futures, a brief look at Guayana, the South American country which could be a top producer next decade: By 2035, the world’s fourth-largest offshore oil producer could be a South American country with fewer than 1 million people. According to Norway’s Rystad Energy, Guyana – with proven reserves of 11 billion barrels of oil […]
Read more »The Quest to Defuse Guyana’s Carbon Bomb
December 24th, 2022
Via Wired, an article on how a former BP lawyer is going up against Exxon—and her own country—in a bid to stop offshore oil drilling before disaster strikes: IN LATE JUNE, inside a squat concrete building in Georgetown, Guyana, on a noisy street flanked by telephone repair shops and beauty supply stores, two lawyers were waging one […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.