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Brazil raked in US$12.9 billion in signing bonuses for 15 pre-salt blocks – Report 
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Brazil raked in US$12.9 billion in signing bonuses for 15 pre-salt blocks – Report 

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Woodside Energy abandons Trinidad block
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Woodside Energy abandons Trinidad block

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Exxon set to buy out largest carbon capture and storage company in U.S in $4.9 billion all-stock deal
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Exxon set to buy out largest carbon capture and storage company in U.S in $4.9 billion all-stock deal

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Suriname’s Staatsolie exploring higher upstream funding for incoming offshore development
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Suriname’s Staatsolie exploring higher upstream funding for incoming offshore development

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Uptick in local small- to medium-scale logistics, transportation businesses seen in second year of Local Content law
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Uptick in local small- to medium-scale logistics, transportation businesses seen in second year of Local Content law

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Ali expects US$10 billion in annual inflows to Guyana oil fund by 2030
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Ali expects US$10 billion in annual inflows to Guyana oil fund by 2030

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Over 1,000 job seekers flock to Career Fair for Guyana’s largest shore base; some hired on the spot
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Over 1,000 job seekers flock to Career Fair for Guyana’s largest shore base; some hired on the spot

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Guyana’s ‘highly competitive, low carbon oil’ will catapult country to world’s 4th largest offshore producer by 2035
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Guyana’s ‘highly competitive, low carbon oil’ will catapult country to world’s 4th largest offshore producer by 2035

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Guyana mega oil project pushes country to third place for highest value foreign investment in 2022 – new report
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Guyana mega oil project pushes country to third place for highest value foreign investment in 2022 – new report

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Historic dismantling of FPSO in Brazil marks dawn of a new era for South America’s biggest oil producer 
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Historic dismantling of FPSO in Brazil marks dawn of a new era for South America’s biggest oil producer 

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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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