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Trinidad’s Dragon gas hopes tied to Venezuela’s elections choices 

OilNOW -
The eagerly anticipated Dragon Gas Deal, a landmark agreement between Trinidad and Tobago and Venezuela, is facing an uncertain future due to the lingering impact of US sanctions. The accord revolves around the development of the Dragon Gas Field,...
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Guyana’s green lungs to breathe easy despite Exxon’s offshore emissions

Kemol King -
In a recent Environmental Impact Assessment (EIA) for ExxonMobil's sixth Stabroek Block development, known as Whiptail, a comprehensive breakdown of the greenhouse gas (GHG) emissions expected from its operations was provided. The findings suggest that, even at peak emissions,...
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Dubai, India groups being considered for Guyana deep-water port

OilNOW -
Guyana's government is keenly evaluating the feasibility of establishing a genuine deep-water port. However, Vice President, Dr. Bharrat Jagdeo emphasized that the success of this significant venture hinges on a strategic trade link with Brazil. At a recent press conference,...
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Nigeria’s production increase target faces skepticism from Westwood analysts

OilNOW -
In a bold move, Nigeria's newly elected president Bola Ahmed Tinubu has publicly unveiled his administration's ambitious plan to nearly double the country's crude oil production. The goal is to escalate production from the 1.3 million barrels per day...
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Guyana “hell-bent” on avoiding mistakes of other oil producers to prevent Dutch Disease

OilNOW -
Though its ascent on the global oil scene has been swift, Guyana is taking care to avoid the pitfalls of other major producers that have led to the emergence of the Dutch disease, said Vice President, Dr. Bharrat Jagdeo.  Guyana’s...
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Whiptail Development Fact Sheet 

OilNOW -
ExxonMobil Guyana is actively seeking environmental authorisation for its sixth Stabroek Block development - Whiptail. It recently submitted to the Environmental Protection Agency (EPA), the mandated 3,000+ page Environmental Impact Assessment (EIA) for review and approval. Here are some...
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Why are the ExxonMobil-Guyana cost audits taking so long? Jagdeo weighs in

OilNOW -
Recent relations between ExxonMobil and the Guyanese government have gained momentum in resolving cost disputes, according to Vice President Dr. Bharrat Jagdeo. This news follows prolonged negotiations and document submissions, in an auditing process which, according to Jagdeo, has...
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Guyana Forestry Commission unveils ‘Canopy’ Magazine dedicated to Forestry Sector insights

OilNOW -
The Guyana Forestry Commission (GFC) has launched its "Canopy" magazine. This new publication, unveiled at the 2023 International Building Expo held at the National Stadium, Providence, is the first of its kind, entirely dedicated to the forestry sector. "Canopy," a...
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Touchstone Exploration advances Royston-1X well testing, prepares for Cascadura facility commissioning

OilNOW -
Touchstone Exploration Inc, the Calgary-based oil and gas company with a primary focus on Trinidad and Tobago, has successfully completed its program of five production test intervals at the Royston-1X well.  The Royston-1X well, in which Touchstone holds an 80%...
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Jagdeo, Trotman at odds over signing of 2016 contract with ExxonMobil

OilNOW -
The 2016 Stabroek Block Production Sharing Agreement (PSA) Guyana signed with US oil major ExxonMobil continues to be a main topic of discussion and contention. An exchange of words between Raphael Trotman, former Minister of Natural Resources, and current...
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More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to...

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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