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Plans to ramp up production to 340,000 bpd by 2022 on schedule – Energy Department
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Plans to ramp up production to 340,000 bpd by 2022 on schedule – Energy Department

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Oil prices fall as rising U.S. inventories reassert supply concerns
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Oil prices fall as rising U.S. inventories reassert supply concerns

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Venezuela crude output keeps sliding, fields shut due to fire damage
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Venezuela crude output keeps sliding, fields shut due to fire damage

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Guyana much closer to selecting firm for 2D, 3D seismic survey of offshore blocks
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Guyana much closer to selecting firm for 2D, 3D seismic survey of offshore blocks

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Equatorial Guinea grants two year extensions on oil & gas exploration
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Equatorial Guinea grants two year extensions on oil & gas exploration

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Oil storage not an issue for Guyana at this point but all options being considered
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Oil storage not an issue for Guyana at this point but all options being considered

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Production at Liza Phase 1 expected to hit 120,000 barrels per day by June – Dr. Bynoe
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Production at Liza Phase 1 expected to hit 120,000 barrels per day by June – Dr. Bynoe

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Protracted elections could see Guyana losing hundreds of millions from delay in project approvals
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Protracted elections could see Guyana losing hundreds of millions from delay in project approvals

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Guyana should collaborate with industry stakeholders to consider oil storage alternatives – API’s Chief Economist
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Guyana should collaborate with industry stakeholders to consider oil storage alternatives – API’s Chief Economist

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Saipem bags 280-million-euro contract for Baltic Pipe Project
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Saipem bags 280-million-euro contract for Baltic Pipe Project

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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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