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 »Via Dominican Today, a look at how – while foreign investment in the Dominican Republic is rising – Guyana has still displaced it as an investment hub in the Caribbean: According to a recent ECLAC report, foreign direct investment (FDI) flows to the Dominican Republic increased by 21% in 2021, totaling 3.1 billion dollars, the […]
Read more »Via Foreign Policy, commentary that Guyana’s government is set to tweak its baseline contract with fuel companies after criticism it got fleeced: Most South American economies have grown sluggishly this year. But Guyana has been an outlier—both in the region and the world at large. The small country is on track to boast the globe’s […]
Read more »Via Oil & Gas Daily, a report on the recent sale Guyana sells $750 mn of carbon credit to US oil firm Hess Guyana has sold $750 million worth of carbon credits to the US oil group Hess, which drills off the coast of the small South American country that is 89 percent virgin forest. President Irfaan […]
Read more »Courtesy of Bloomberg, an article on how – as rising seas imperil Guyana – leaders sign sweetheart deals with Exxon to help fund the transition to a sustainable future. Go to the seawall in Georgetown late on a Sunday afternoon, and you’ll find Guyana with its guard down. Everyone’s “liming”—a term that washed onto this […]
Read more »Via MercoPress, a report on Venezuela’s interest in Guyana’s oil: “We will demonstrate Guyana’s claim is inadmissible,” Venezuelan Vice President Delcy Rodríguez said on Thursday to the International Court of Justice in The Hague, which is the United Nations’ highest for resolving disputes between states. Venezuela had ramped up its claims to a huge, sparsely […]
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