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Bp’s CEO Bernard Looney resigns amid probes about personal relationships with staff

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Bp has announced the immediate resignation of Bernard Looney as Chief Executive Officer (CEO). The company's Chief Financial Officer (CFO), Murray Auchincloss, will take on the role of CEO on an interim basis. Looney's departure follows a series of allegations...
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Qatar Emir touches down in Guyana, inks three cooperation agreements to bolster partnership between oil nations

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Oil nations Qatar and Guyana strengthened relations with the signing of new agreements overseen by the Emir, Sheikh Tamim bin Hamad Al-Thani, and President Dr. Mohamed Irfaan Ali on Sept. 12.  This is the Emir’s first visit to Guyana. It...
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Amazon Warriors are talismans for Guyana’s rise – Routledge as sponsorship renewed for 7th year

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The Guyana Amazon Warriors (GAW) were deemed the talismans for their home country's rise on the global scene by ExxonMobil Guyana Limited President, Alistair Routledge as he announced the company's full sponsorship for the 2023 team.  "We are so excited...
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With unparalleled oil sector growth, outlook for Guyana better than ever before – IMF

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With the Guyana government accelerating the implementation of several reform programmes alongside the unparalleled expansion of the oil sector, the International Monetary Fund (IMF) finds that the country will continue to see very rapid growth. In fact, the financial...
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Migration policy in the works to address importation of labour for oil sector – Guyana President

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Labour has become scarce in Guyana, because of its oil boom. So much so that international oil companies are being forced to import what they need because simply put, the capacity does not exist in the new oil-producing nation. To...
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Exxon has “healthy inventory of drilling prospects” planned for Stabroek Block – Hess CEO

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Hess Corporation’s Chief Executive Officer (CEO), John Hess has lauded the Guyana government’s decision to approve a request for a one-year extension to explore the Stabroek Block, thereby providing enough room to execute a healthy inventory of drilling prospects.  Hess...
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Exxon’s 12-well campaign in Canje block slated to start in Q2 2024

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ExxonMobil’s 12-well Canje Block campaign is set to begin in the second quarter of 2024, according to a Cumulative Impact Assessment (CIA) for the project.  The 1,700+ page document is available for public comments until early November.  If discoveries are made,...
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Routledge talks gas extraction techniques for Stabroek Block gas reserves

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ExxonMobil is exploring different facility options for the exportation of gas from Guyana. Alistair Routledge, ExxonMobil Guyana President, discussed Guyana's potential as a deepwater oil producer during an August interview with S&P Global in London. Guyana has been in the...
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Exxon’s supplier partnerships yielding game-changing cost savings in Guyana, says Hess boss

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ExxonMobil, one of the world’s largest publicly traded oil and gas companies, and operator of the Stabroek Block in Guyana, has been aggressively pushing back on cost pressures for its projects offshore the South American country. Bringing this to...
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Exxon submits Cumulative Impact Assessment for 12-well drill campaign in Guyana’s Canje Block

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ExxonMobil Guyana has submitted to the Environmental Protection Agency (EPA), the Cumulative Impact Assessment (CIA) and Environmental Impact Statement (EIS) for its 12-well exploration and appraisal drilling campaign in the Canje Block.  A public notice outlined that “In accordance with...
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U.S. Senator presents bill to strengthen security cooperation with Guyana amid Venezuela threats

United States Senator Michael Bennet (Democrat, Colorado) has proposed new legislation aimed at enhancing security cooperation with Guyana, deterring...

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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