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Tag: Big Oil

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Suriname oil investment

Strategic Investment Roadmap for Suriname

Revenues from the oil industry eyesonsuriname Amsterdam, 2 sept 2022–  From 2022 through 2027, Suriname’s state oil company, Staatsolie, plans to expend an estimated US$1.5 billion as part of its Investment Program, the bulk of which will be for participation in offshore development. In its updated Strategic Roadmap, Staatsolie noted too that the funds will also be used…
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Curse of Oil

The curse of oil

Morals of the Rich eyesonsuriname Amsterdam, 16 July 2022– The climate crisis has seen wealthy countries that have built and transformed their economies with oil and gas, calling on countries in Africa, South America and the Caribbean, to hold off on developing their hydrocarbon resources. Calls have mounted for producers like Guyana, Trinidad, and Suriname…
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STAATSOLIE NV

30 billion barrels of oil now estimated offshore Suriname eyesonsuriname Amsterdam, Netherlands / Paramaribo, Suriname July 3d 2022–– Suriname’s recent oil finds in Block 58 put the South American nation’s recoverable resource count at over five billion oil-equivalent barrels.  But that number is merely a tiny fraction of what is believed to be held in…
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Big Oil Delays Response to Climate Change

How the Big Oil Industry delays the Response to Climate Change

Part Three examines how the fossil fuel industry worked to delay the transition to renewable energy sources — including by promoting natural gas as a cleaner alternative. More about Big Oil and the Environmental Impact Part One charts the fossil fuel industry’s early research on climate change and investigates industry efforts to sow seeds of…
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Irfaan Ali President Guyana

The Oil Curse

Stark Warning Guyana President Goes for Suriname as well Financial Times/ eyesonsuriname Amsterdam, May 4th 2022–The president of Guyana, the world’s fastest-growing economy, is inviting investors to back his ambitious vision to transform the small South American country into a regional health, education and transport hub with the help of burgeoning oil wealth. We’re investing tremendously…
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Big Oil Part Two Doubt

Doubt – The Power of Big Oil

FRONTLINE examines the fossil fuel industry’s history of casting doubt and delaying action on climate change. This three-part series traces decades of missed opportunities and the ongoing attempts to hold Big Oil to account.

Hope for Suriname's Economy

Perhaps, Quizás, Who Knows

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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The Power of Big Oil Documentary

The Power of Big Oil – Documentary

FRONTLINE examines the fossil fuel industry’s history of casting doubt and delaying action on climate change in a three-part documentary series. Read also Part II – Doubt

Oil Rig

Big Oil has a do-or-die decade ahead because of climate change

The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive As revolutionary slogans go, it hardly had the resonance of ¡No pasarán! But when Repsol, a Spanish oil company, said in December it would reduce the net carbon footprint of everything it produces to zero within 30 years, it marked the most powerful…
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