Home » Caribbean Updates, June 15, 2022

Caribbean Updates, June 15, 2022

by terrence richard blackman
0 comment

IMF Conference – Building Resilience and Sustainability in the Caribbean

June 17, 2022




Caribbean Urban Forum 2022 – Beyond Covid: Recovery – Renewables – Resilience

June 15-17, 2022


OECS USAID CEO Breakfast – Monday July 11, 2022 – St Lucia





Remarks by Vice President Harris in a Meeting With Leaders of Caribbean Nations | The White House




Marks calls for concessional financing for middle-income countries | News | Jamaica Gleaner




U.S. launches climate, energy partnership with Caribbean | Miami Herald




U.S. to help Caribbean nations embrace clean energy


Guyana, T&T, Suriname, Barbados can meet the region’s energy demands | Loop Cayman Islands


USAID, Canada announce multi-million-dollar aid for the Caribbean | Loop Caribbean News


CARICOM – Preparations for Heads of Government Meeting in Suriname move into high gear – Suriname 3-5 July 2022

Browne wants recruitment of more Caricom professionals in OAS Secretariat – Trinidad Guardian

Yea https://guardian.co.tt/news/browne-wants-recruitment-of-more-caricom-professionals-in-oas-secretariat-6.2.1503378.0da9dfff8

Colombia, CARICOM Countries Open Talks To Update Trade Agreements – Finance Colombia


Oil majors lining up for the next great South American oil boom: Stabroek News

By Matthew Smith for Oilprice.com


The Guyana-Suriname Basin has emerged as the world’s hottest offshore oil play and with the changes occurring to the global energy mix after Russia’s invasion of Ukraine, the Caribbean is becoming an important player in world oil markets. In the space of a mere seven (7) years, Guyana has emerged as a leading global drilling destination after ExxonMobil made 32 discoveries in the offshore Stabroek Block. While the U.S Geological Survey predicted in a May 2001 fact sheet that the Guyana-Suriname Basin held somewhere between 2.8 billion and 32.6 billion barrels of undiscovered oil resources, there are signs the volume is far greater.



Guyana-Suriname basin steals spotlight from Brazil – Rystad Energy:OilNOW

The Guyana-Suriname basin has overtaken Brazil’s pre-salt play as South America’s leading exploration hotspot, says Rystad Energy, an independent energy research and business intelligence company based in Norway. This latest feat, it said, can be credited mostly to ExxonMobil’s basin-opening Liza discovery in 2015. Since then, Rystad said the basin has delivered more than 13 billion barrels of oil equivalent (boe), about 10 times the volumes found in Brazil during the same period. Nearly 11 billion of those barrels have been found in the Stabroek Block alone.



How To Play Suriname’s Oil Boom | OilPrice.com




Guyana emerges as 2nd in the world with largest discovered oil volumes – Rystad – Kaieteur News




Guyana production by 2027 would exceed US$147 million per day at current oil price: OilNOW

By 2027, ExxonMobil is set to ramp up production at Guyana’s Stabroek Block to around 1.2 million barrels of oil per day (bpd). This will make the South American country the highest per capita oil producer in the world. As of June 10, Brent oil was trading at just over US$123 per barrel. At that price, at 1.2 million bpd, the Stabroek Block output would amount to approximately US$147.6 million. And this is just the beginning.



Guyana, T&T, Suriname, Barbados can meet the region’s energy demands | Loop Cayman Islands


Caribbean power watch: Solar concessions, financing, strategic roadmap, stakeholder engagement – Bnamericas


Report on T&T LNG a fallacy, says Stuart – Trinidad Express


Phillip Paulwell | Here we are again: Another energy crisis | In Focus | Jamaica Gleaner


Citizenship By Investment Programmes – Golden Passports or Silver Linings? | Caribbean Investigative Journalism Network


How much is shrouded in secrecy? Citizen Investment Programme in St. Kitts – Jamaica Observer

Guyana needs banks but fears T&T monopoly – Trinidad Guardian


Nearshoring can add annual $78 bln in exports from Latin America and Caribbean | IADB




Caribbean countries could benefit significantly from nearshoring — IDB study – Jamaica Observer



Mideast investors eye Caribbean windfall | News | Jamaica Gleaner




Bahamas can enjoy $177m boost from near-home focus | The Tribune




Belize stands to gain US$44 million annually through nearshoring – Inter-American Development Bank



BMA boss says supply challenges making business hard for manufacturers – Barbados Today



Jamaica PM: Economic zones must adapt to serve home countries better | Lead Stories | Jamaica Gleaner


Stony coral tissue loss disease is killing Caribbean coral, researchers find – The Washington Post


Mayor Adams lauds Caribbean diaspora at Caribbean Marketplace ribbon-cutting – Caribbean Life

Marc Farrell Wants to Change the Way You Think About Rum | Food & Wine


Michelle Miller chats with Marc Farrell, founder of Ten To One Rum

From Starbucks executive to rum maker, Marc Farrell started Ten To One Rum to change the perception of rum — and understand its place as the champagne of Caribbean culture.


You may also like

Lorem ipsum dolor sit amet, consect etur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis..

Guyana Business Journal | Copyright @2023  All Right Reserved – Developed by Black Digital