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Tag: Oil

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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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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.

Global Energy Spending this year

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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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

Exxon Oil Guyana

Heavier than expected investments in Guyana

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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UN question marks over oil and gas extraction

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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Guyana Petroleum Exploitation

Guyana exploiting petroleum resources

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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