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Tag: Guyana

World

Suriname Could Be Latest Big Oil Find as Industry Cuts Costs

January 20, 2021January 21, 2021CLIFFORD KRAUSSComments Off on Suriname Could Be Latest Big Oil Find as Industry Cuts Costs

The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less.

World

Killings Reignite Racial Tensions in Guyana

September 10, 2020September 11, 2020Nafeeza Yahya-Sakur and Anatoly KurmanaevComments Off on Killings Reignite Racial Tensions in Guyana

The South American country, already deeply split by a presidential election and an oil windfall, is tested again as three teenagers are slain.

World

Guyana Swears In New Leader, Resolving Struggle Over Oil Wealth

August 2, 2020August 2, 2020Nafeeza Yahya-Sakura and Anatoly KurmanaevComments Off on Guyana Swears In New Leader, Resolving Struggle Over Oil Wealth

Mohamed Irfaan Ali will manage the flow of billions in new oil revenues, which are reshaping the small South American country and heightened a standoff after elections in March.

World

Guyana Swears In New Leader, Resolving Struggle for Control of Oil Wealth

August 2, 2020Nafeeza Yahua-Sakur and Anatoly KurmanaevComments Off on Guyana Swears In New Leader, Resolving Struggle for Control of Oil Wealth

Irfaan Ali will manage the flow of billions in new oil revenues, which are reshaping the small South American country and heightened a standoff after elections in March.

World

‘It Changed So Fast’: Oil Is Making Guyana Wealthy but Intensifying Tensions

April 7, 2020April 7, 2020ANATOLY KURMANAEVComments Off on ‘It Changed So Fast’: Oil Is Making Guyana Wealthy but Intensifying Tensions

In what was once one of South America’s poorest countries, a fraught transformation is underway, as oil riches bring optimism but also intensify ethnic tensions and environmental concerns.

World

A Small Country, an Oil Giant, and Their Shared Fortune

March 18, 2020March 19, 2020ANATOLY KURMANAEV and CLIFFORD KRAUSSComments Off on A Small Country, an Oil Giant, and Their Shared Fortune

America’s biggest energy company, Exxon Mobil, made a big bet on a risky oil prospect in Guyana, a small South American nation. Now the oil giant is entangled in the fight for the country’s political future.

World

Guyana Leader Set to Take New Term After a Vote Denounced as Flawed

March 14, 2020March 14, 2020ANATOLY KURMANAEVComments Off on Guyana Leader Set to Take New Term After a Vote Denounced as Flawed

Electoral officials appear ready to give its president, David E. Granger, another term and control over the country’s new oil riches. Observers cry foul.

World

Crisis Deepens in Tiny Guyana, the World’s Newest Petro State

March 6, 2020ANATOLY KURMANAEVComments Off on Crisis Deepens in Tiny Guyana, the World’s Newest Petro State

A decision by electoral authorities to declare the government the de facto winner in the March 2 elections is the catalyst for a wave of unrest. Billions in new oil revenue are at stake.

World

Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

November 3, 2019CLIFFORD KRAUSSComments Off on Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming

New supplies from Brazil, Canada, Guyana and Norway may add to a glut, posing a threat to producers in Saudi Arabia, Russia and the United States.

World

Venezuela Navy Interrupts Oil Exploration Off Guyana

December 23, 2018December 23, 2018CLIFFORD KRAUSSComments Off on Venezuela Navy Interrupts Oil Exploration Off Guyana

A ship contracted by Exxon Mobil suspended operations after it was approached by a Venezuelan navy vessel in a renewal of a century-old border dispute.

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