Guyana Banks On Future As A ‘Latin Qatar’
July 9th, 2024
Via The Guardian, an article on Guyana which – with newfound oil wealth reshaping the economy – is attempting to balance growth with sustainable development: Rebecca Parasnath is 23 and lives in a wooden stilt house without electricity or sewer connections on the outskirts of Georgetown, Guyana. Like much of the city, her neighbourhood, Wortmanville, is […]
Read more »Guyana: Is Exxon Creating The World’s Next Petrostate?
June 25th, 2024
Courtesy of The Financial Times, a look at the giant Exxon project that could create the world’s last petrostate But critics fear the oil bonanza will turn Guyana into a victim of the ‘resources curse’: Inside a drab six-storey office block in a residential street in Guyana’s capital Georgetown, a team of ExxonMobil executives are […]
Read more »Guyana: Further Growth Predicted For Booming Economy
May 3rd, 2024
Via Global Finance, a brief look at Guyana: Once regarded as the forgotten nation of South America due to its historically low levels of trade activity and remote geographical position, Guyana has morphed into the world’s fastest-growing economy in the last two years. And it looks set to keep growing at an impressive pace in the years […]
Read more »Namibia’s Oil Riches May Require Large Developments Mirroring Guyana’s,
April 26th, 2024
Courtesy of Bloomberg, a report on Namibia’s growing hydrocarbons potential: Companies have discovered ‘a big chunk of oil’ off Namibia TotalEnergies expects to begin first Namibia project next year Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position. There’s a […]
Read more »How Guyana Became Latin America’s Leading Development Lab
April 11th, 2024
Via Project Syndicate, a look at how Guyana became Latin America’s leading development lab by using its fossil-fuel windfalls to drive sustainable socioeconomic development: Guyana is on the cusp of a profound socioeconomic transformation unlike any seen in Latin America and the Caribbean. Despite its small population of roughly 800,000, it boasts the world’s fastest-growing economy. […]
Read more »Is Guyana’s Oil a Blessing or a Curse?
March 30th, 2024
Courtesy of the New York Times, a report on how – more than any single country – Guyana demonstrates the struggle between the consequences of climate change and the lure of the oil economy: Basjit Mahabir won’t let me in. I’m trying to persuade Mr. Mahabir to open the padlocked gate of the Wales Estate, […]
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.