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Oil futures rise as uncertainties mount over when blocked Suez Canal passage would be cleared
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Oil futures rise as uncertainties mount over when blocked Suez Canal passage would be cleared

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Major marine traffic jam in Suez Canal as 40 oil tankers, other vessels pile up
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Major marine traffic jam in Suez Canal as 40 oil tankers, other vessels pile up

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Guyana barrels add to CNOOCs’ reserves and production – record high volumes logged in 2020
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Guyana barrels add to CNOOCs’ reserves and production – record high volumes logged in 2020

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Noble, Pacific Drilling enter merger, deepwater drilling capabilities to be enhanced
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Noble, Pacific Drilling enter merger, deepwater drilling capabilities to be enhanced

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Guyana wells have high recovery rates, can be drilled faster than any other deepwater basin in the world
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Guyana wells have high recovery rates, can be drilled faster than any other deepwater basin in the world

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U.S. crude flows to India surpasses Saudi, UAE volumes in February
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U.S. crude flows to India surpasses Saudi, UAE volumes in February

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Around 3 Suezmax-sized cargoes load in Guyana each month for multiple destinations
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Around 3 Suezmax-sized cargoes load in Guyana each month for multiple destinations

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Suez Canal blockage affecting passage of 13 million barrels of crude
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Suez Canal blockage affecting passage of 13 million barrels of crude

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Guyana’s 5th oil cargo was sold to Hess, no decision yet on exports to India
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Guyana’s 5th oil cargo was sold to Hess, no decision yet on exports to India

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Equinor makes biggest oil discovery for the year on Norway’s continental shelf
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Equinor makes biggest oil discovery for the year on Norway’s continental shelf

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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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