News

News

Exxon drilling Guyana appraisal well at gas field near Suriname border

OilNOW -
According to Guyana’s Maritime Administration Department, ExxonMobil is utilising the Stena DrillMax to conduct drilling at Haimara-2, an appraisal well with potential high-quality, gas-condensate resources. The oil major has said technical work is being done with updates provided to the...
News

Five bids for Guyana oil refinery shortlisted and ranked

OilNOW -
Of 11 bids submitted to build and operate a modular oil refinery in Guyana, the government is now in possession of a list of five qualifiers, according to a Ministry of Finance 2023 Mid-Year report. “These contenders are now ranked,...
News

‘Poverty in this environment is unacceptable’ – Guyana Opposition proposes minimum livable income

OilNOW -
Amidst Guyana's promising economic trajectory from newfound offshore oil resources, the opposition has made its stance clear: "Poverty in this environment is totally unacceptable," declared Elson Low, the Economic Policy Advisor to the opposition. What’s their solution? A minimum livable...
News

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

OilNOW -
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...
News

Qatar Emir touches down in Guyana, inks three cooperation agreements to bolster partnership between oil nations

OilNOW -
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...
News

Amazon Warriors are talismans for Guyana’s rise – Routledge as sponsorship renewed for 7th year

OilNOW -
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...
News

With unparalleled oil sector growth, outlook for Guyana better than ever before – IMF

OilNOW -
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...
News

Migration policy in the works to address importation of labour for oil sector – Guyana President

OilNOW -
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...
News

Exxon has “healthy inventory of drilling prospects” planned for Stabroek Block – Hess CEO

OilNOW -
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...
News

Exxon’s 12-well campaign in Canje block slated to start in Q2 2024

OilNOW -
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,...
1...231232233...1,026Page 232 of 1,026

Latest News

NewsOilNOW -

Guyana’s Uaru and Whiptail projects on track for 2026 to 2027 start-up – Routledge

Alistair Routledge,  President of ExxonMobil Guyana says the company’s fifth and sixth developments — Uaru and Whiptail — are...

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.

Quick Access

Company Info

Social Networks