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NewsShikema Dey -

Four out of six bidders accept new Guyana PSA terms – Ministry 

Four of the bidders in Guyana’s maiden offshore auction have accepted the terms of its new production sharing agreement (PSA), the Ministry of Natural...
NewsOilNOW -

Exxon continuing geotechnical survey operations at Stabroek Block

ExxonMobil Guyana Limited (EMGL) is set to continue geotechnical survey operations at the Stabroek Block offshore Guyana.  According to a notice from Guyana’s Maritime Administration...
NewsOilNOW -

IEA warns of OPEC’s struggles amid declining market share, rising non-OPEC production

The International Energy Agency (IEA) forecasts that OPEC's market share could drop to eight million barrels per day (b/d) below its combined output capacity...
NewsOilNOW -

Guyana plans two large-scale hydropower projects to add 370 MW by 2035

San Diego, California: Two hydropower projects, including the Amaila Falls project, are expected to add 370 megawatts (MW) to Guyana’s power generation matrix by...
ExplorationOilNOW -

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block. Now, in 2024, the number...
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Latest News

NewsShikema Dey -

Four out of six bidders accept new Guyana PSA terms – Ministry 

Four of the bidders in Guyana’s maiden offshore auction have accepted the terms of its new production sharing agreement (PSA), the Ministry of Natural...
NewsOilNOW -

Exxon continuing geotechnical survey operations at Stabroek Block

ExxonMobil Guyana Limited (EMGL) is set to continue geotechnical survey operations at the Stabroek Block offshore Guyana.  According to a notice from Guyana’s Maritime Administration...
NewsOilNOW -

IEA warns of OPEC’s struggles amid declining market share, rising non-OPEC production

The International Energy Agency (IEA) forecasts that OPEC's market share could drop to eight million barrels per day (b/d) below its combined output capacity...
NewsOilNOW -

Guyana plans two large-scale hydropower projects to add 370 MW by 2035

San Diego, California: Two hydropower projects, including the Amaila Falls project, are expected to add 370 megawatts (MW) to Guyana’s power generation matrix by...
ExplorationOilNOW -

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block. Now, in 2024, the number...
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Stories beyond the barrel

Stories Beyond the BarrelShikema Dey -

CinNex Inc: Navigating Guyana’s multimedia industry with vision and tenacity

CinNex Inc., a name synonymous with multimedia innovation in Guyana, stands as a testament to resilience, adaptability, and foresight. At the helm of this...

Local Content

NewsOilNOW -

Saipem seeks catering services for VEHSI facility

Italian engineering and drilling firm Saipem is seeking Expressions of Interest (EOIs) for catering services at its Vreed-en-Hoop Shore Base Inc. (VEHSI) facility. Saipem's...

Regional

Latest News

NewsShikema Dey -

Four out of six bidders accept new Guyana PSA terms – Ministry 

Four of the bidders in Guyana’s maiden offshore auction have accepted the terms of its new production sharing agreement (PSA), the Ministry of Natural...
News

Exxon continuing geotechnical survey operations at Stabroek Block

OilNOW -
ExxonMobil Guyana Limited (EMGL) is set to continue geotechnical survey operations at the Stabroek Block offshore Guyana.  According to a...
News

IEA warns of OPEC’s struggles amid declining market share, rising non-OPEC production

OilNOW -
The International Energy Agency (IEA) forecasts that OPEC's market share could drop to eight million barrels per day (b/d)...
News

Guyana plans two large-scale hydropower projects to add 370 MW by 2035

OilNOW -
San Diego, California: Two hydropower projects, including the Amaila Falls project, are expected to add 370 megawatts (MW) to...
Exploration

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

OilNOW -
ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block....
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Exploration

ExplorationOilNOW -

Oil story of South America’s newest producer built on 45 discoveries in just nine years 

ExxonMobil’s Liza find back in 2015 unlocked a treasure trove of oil and gas discoveries in Guyana’s Stabroek Block. Now, in 2024, the number...
Exploration

Exxon conducting drilling operations at Redmouth

OilNOW -
ExxonMobil has commenced exploration drilling at the Redmouth-1A well in the Stabroek Block offshore Guyana. Previously, the company drilled...
Exploration

Exxon’s gas wells take spotlight in global upstream activity for August – Rystad Energy

OilNOW -
ExxonMobil's gas exploration efforts in August were a key focus in oil and gas upstream activities, according to a...
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Production

Guyana's Oil LedgerKemol King -

Guyana crude output rebounds, closing August at 663,000 b/d

After a July of shutdowns at the Liza field, crude oil production has returned to more than 600,000 barrels per day (b/d) in August.  The...
News

No Stabroek Block crude is used for offshore operations – ExxonMobil Guyana clarifies

OilNOW -
ExxonMobil Guyana Limited (EMGL) has put on record that no crude produced in the Stabroek Block is utilised for...
News

Leading OPEC+ members agree to postpone proposed increase in oil production

OilNOW -
The OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, including Saudi Arabia, Russia, Iraq,...
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Discoveries

DiscoveriesOilNOW -

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...
Discoveries

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

OilNOW -
(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Guyana crude output rebounds, closing August at 663,000 b/d

After a July of shutdowns at the Liza field, crude oil production has returned to more than 600,000 barrels per day (b/d) in August.  The...

Energy Insights

Energy InsightsOilNOW -

CCJ ruling confirms process by which Stabroek co-venturers apply for and are granted project approvals is lawful

By Chevy Devonish In a previous article we examined how the Caribbean Court of Justice (“CCJ”) in Attorney General of Guyana v Environmental Protection Agency...

Sponsored Content

NewsOilNOW -

UBSL launches new breakbulk shipping line for Caribbean & South America

Universal Africa Lines B.V. (UBSL) is expanding its operations by launching a new breakbulk shipping line for the Caribbean and East Coast of South...

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OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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