How much is a trillion ? eyesonsuriname Amsterdam, April 21 2022– Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows. A concern in energy markets is…
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Finally Hope for Suriname ? Only and Exclusively If Managed Well eyesonsuriname Amsterdam, April 21 2022– For the second time in history the U.S.of A., could perhaps play a role of importance in Suriname. The first time was when bauxite was discovered in the early 1900 hundreds and Suriname played a crucial part, by delivering aluminium…
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Exxon-Mobil rolls out red carpet eyesonsuriname Amsterdam, April 6th 2022– American oil- and gas giant Exxon Mobil is investing heavily off the coast of Guyana expecting future production of some 1,2 million barrels per day of oil and gas by 2027. According to the company the fourth oil project production off Guyana will receive an extra…
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Threat to the Earth from faster warming What now Suriname ? eyesonsuriname Amsterdam, April 5, 2022 — To combat climate change, we must not only rapidly reduce our use of fossil fuels, but also stop investing in new fossil infrastructure. Future emissions from all current projects are already too great to limit global warming to…
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Developing a new and modern economy eyesonsuriname Amsterdam, March 18th 2022– IDB President Mauricio Claver-Carone said Guyana should be more like Norway and not stall social, economic, cultural and creative developments like in the Middle East or Africa Committing to help the country develop its oil and gas resources while simultaneously transitioning to clean energy,…
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Old Wounds never Die @eyesonsuriname Amsterdam, 18 March 2022–Venezuelan leader Nicolás Maduro and opposition leader Juan Guaidó disagree on much. But last month, the two opponents agreed on at least one thing — where Venezuela’s border begins — and neighboring Guyana is not happy. During talks in Mexico brokered by Norway, Maduro and Guaidó agreed…
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Reform without unrest Part V Global Capital GC: What are the key reforms that this government has undertaken and how will they affect creditworthiness? Minister Achaibersing: We are not just fixing the roof. Given what we inherited, we are called upon to build new foundations. Under President Santokhi, our government has taken immediate steps to put…
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Restructuring before oil FID Part IV Amsterdam, February 18th 2022 — GC: Indeed, the projections in the IMF programme do not consider recent major offshore oil discoveries, citing the absence of clear private sector investment plans to extract these resources. How close is a final investment decision (FID) from Total and Apache on their Suriname discoveries?…
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To be or not to Be By Heike Meinhardt Amsterdam, February 18th 2022– Given that the IMF, IDB and World Bank are supposed to help Suriname resolve its debt crisis, pushing over $1 billion in new debt worsens the problem. Upholding policies for big oil profits is reckless for Suriname’s finances and devastating for the climate.…
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