November 2, 2026

Will Guyana’s oil wealth bring prosperity or turmoil?

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Following the remarkable discovery of extensive offshore oil fields, Guyana, a small South American nation, is poised to join the ranks of the world’s wealthiest countries. However, as this newfound wealth brings hope for prosperity, there are growing apprehensions about the potential negative consequences that accompany it.

Guests:

Arthur Deakin
Director of the Energy Practice at AMI

Melinda Janki
International Lawyer

Tom Sanzillo
Director of Finance for IEEFA

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#guyana #oil #thenewsmakers

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41 thoughts on “Will Guyana’s oil wealth bring prosperity or turmoil?”

  1. We're already the poorest in South America and we were once the poorest in the world, not so long ago,, so yeah this is definitely a blessing that would transform not only the country but the ppp, its a mathematic impossibility, for a country with 800,000 ppl and that much wealth….

  2. The oil wealth will not go to the people .if that'll happen the people will have more time to focus on the politicians and they don't want the people to focus on them
    Smart politicians and smart people they will clash the results will damage them.

  3. Inequalities again, unfair wealth distribution is bringing all those companies – governments – citizens into the same situation. And according to the history equalities increased only after a hot wars, clashes, or civil wars. To me, without a fight billionaires or politicians do not want to share their power with the people(society) of course there are opposite examples who are following more productive policies for the country and public people , but I believe number of those people and companies are in down turn that’s why inequalities are increasing and hot wars and conflicts , civil wars are in rise. It’s a kind of “invisible hand of international economy” abnormal inflation, unfair wealth distributions, as summary rising inequalities pulled this world into those crises for the last 10 years.
    “Biri yer biri bakar, kiyamet bundan kopar “

  4. The rich will get richer and the poor will get poorer if we have a leader like Burnham but with the presence of a man like Ali Guyana will blossom good leaders that's what Guyana want they are in good hands

  5. Very very very shallow. Regardless, enough is presented to make one pessimistic about the eventual long term outcome; unless the shallowness of the "reporting" a material fact. The absence of Norwegian consulting bodes ill

  6. Un less crruption stop guyana wil be poor forever we realy need change in government to make this paradise on earth what it is for that to happen we have to do it this election give mohamed one chance and guyana will sse the change in 3 years

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