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Tag: Guyana

News

Catherine A Hughes

Opposition in Guyana Worries

Moves Expected eyesonsuriname Amsterdam, July 24 2023== The government in Guyana predicts that oil related projects in Guyana predict that a year’s oil revenue will be equivalent to almost its total outstanding debt.  However, political opponents to the current administration have said the country’s debt is mounting and this could impact its future prospects.  Alliance…
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Promising gas finds in Suriname

Promising gas finds in Suriname

eyesonsuriname Amsterdam, 16 July 2023– PETRONAS and ExxonMobil’s find in Suriname’s offshore Block 52 has promising potential to become a natural gas development, according to the state-owned oil company Staatsolie.  Current models of the Guyana-Suriname Basin, as well as discoveries made to date, indicate substantial volumes of both associated and non-associated gas. We believe that natural…
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President Lula doesn't want poor countries around Brazil

President Lula doesn’t want poor countries around Brazil

But illegal Brazilian goldminers in Suriname damage the environment beyond repair. No Focus. eyesonsuriname Amsterdam, June 11 2023–Guyana’s Vice President, Dr. Bharrat Jagdeo, dispelled questions about whether Petrobras’ withdrawal from Guyana’s inaugural offshore licensing round is linked to the controversy surrounding Venezuela’s claim for Guyana’s territory. “Absolutely not!” was his response when asked. He argued…
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Lula Summit Latin America

Lula da Silva’s Summit will gather 11 South American leaders

Amsterdam, 28 may 2023–President Luiz Inácio Lula da Silva’s “retreat” Summit scheduled for May 30 will gather 11 South American leaders, it was confirmed Friday in Brasilia. The presidents of Argentina, Bolivia, Chile, Colombia, Ecuador, Guyana, Paraguay, Suriname, Uruguay, and Venezuela have confirmed their presence. The only absence will be that of Peruvian President Dina…
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Europe's Weakest Border? Smuggling Between Suriname and French Guiana

Europe’s Weakest Border? Smuggling Between Suriname and French Guiana

eyesonsuriname – by Douw den Helden Stuart Codrington favors the direct approach. Within five minutes of our interview starting, the Surinamese border control officer grabs his gun, shoves it in his pocket, and takes us out of his tiny, air-conditioned office into the afternoon heat.  Soon, we are trundling along a badly maintained road in…
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Net Zero Objectives combined with development fossils

Suriname and Guyana aim for sustainable goals eyesonsuriname Amsterdam, 21 March 2023– With 85% of its territory covered in dense forests that remove about 154 million tons of CO2 every year, Suriname and Guyana are automatically catapulted to where most of the world hopes to be by 2050. Guyana Vice President, Dr. Bharrat Jagdeo, stressed the…
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H.-E.-Dr-Mohamed-Irfaan-Ali-President-of-the-Co-operative-Republic-of-Guyana

Guyana gets over $1B grant from EU for forest sustainability to drive community development

Guyana has received an over $1.1 billion (€ 5 million) grant from the European Union to maintain its forest and natural resources, as well as strengthen sustainable development specifically in Amerindian communities. eyesonsuriname Amsterdam, March 16th 2023– President, Dr Mohamed Irfaan Ali and Deputy Secretary General of European Union Action Service, Helena Konig signed the billion-dollar…
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Expectations oil drilling surpassed in Guyana

Expectations oil drilling surpassed in Guyana

Suriname trails behind eyesonsuriname Amsterdam, 14 maart 2023– As soon as ExxonMobil Guyana receives approval from the Environmental Protection Agency (EPA) for its 35 multi-well programme in the Stabroek Block, drilling operations for the country could reach its peak in 2025. According to the Cumulative Impact Assessment (CIA) for the multi-well project, it was noted that several drill…
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Gas turns into Energy

Gas turns into Energy

In Guyana. Where Else? Not yet in Suriname. eyesonsuriname Amsterdam, March 1st 2023– Guyana’s Prime Minister, Mark Phillips has informed the country’s Parliament that the landmark Gas-to-Energy project will cost approximately US$1.8 billion. In providing a breakdown of the project costs, Phillips said the pipeline cost is US$1 billion, which includes the entire pipeline network…
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Confidence in the upcoming OilMarkets

Confidence in the upcoming OilMarkets

Profits Galore, but no words about climate change eyesonsuriname Amsterdam, 20 feb 2023– US-based private financial and investment company, The Motley Fool, says ExxonMobil’s fifth development project off the coast of Guyana is a clear indication of the major’s confidence in the oil market. The Uaru development, set to deliver first oil in 2027, is expected to…
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