Guyana chaos a warning sign
Electoral uncertainty is highlighting the dangers for new companies hoping to invest in the country’s offshore resources
Guyana’s recent election was supposed to determine the political direction of Latin America’s newest oil producer. Instead the election has morphed into mayhem. A week on from the 2 March poll and a winner has yet to be officially declared. Incumbent President David Granger, head of the Partnership for National Unity (APNU/AFC) coalition, and opposition candidate Irfaan Ali, leader of the People’s Progressive Party (PPP), have both declared victory. On 5 March, the country’s electoral body (GECOM) released results that pointed to a narrow Granger win. But international observers, including the EU, released a statement soon after saying the count in Guyana’s Region 4—the most populous region

Also in this section
24 June 2025
The country’s latest licensing round attracted bids from IOCs and NOCs in a better showing than its last outreach to bidders
24 June 2025
Africa’s second-largest oil producer is creating the right conditions for the sector to try to boost output, explains Ian Cloke, COO of UK-based Afentra
24 June 2025
The takeover, if it gets the all-clear from regulators and other government authorities, would propel XRG and its parent firm ADNOC into the top tier of global LNG players
23 June 2025
Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks