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Price tag for Guyana’s gas-to-energy project not exorbitant, economist says

OilNOW -
Initial estimates for Guyana’s massive gas-to-energy project hover around US$900 million to US$1 billion, with potential to increase, but considering the South American country has zero infrastructure in place and is essentially starting from scratch, one economist says the estimates...
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Eni using African gas to lessen Europe’s dependence on Russia

OilNOW -
Italian energy major, Eni, has moved to help Europe reduce its dependence on Russian gas, with two major agreements signed to increase supply from Africa. Eni said last Wednesday that it signed an agreement with Egypt’s Natural Gas Holding Company...
News

Webinar on this week on growing opportunities from Guyana-Suriname basin

OilNOW -
One Basin Three Nations Academy (OBTN/A) is organizing a free Webinar about Oil and Gas Industry Insights for the general public in the Guianas on April 22. Organisers say the current offshore oil and gas discoveries in Guyana and...
News

Libya’s NOC declares force majeure, warns of “painful wave of closures”

OilNOW -
(Reuters) - Libya's National Oil Corp warned on Monday of a "painful wave of closures" after declaring force majeure on exports from the Zueitina oil port as forces in the east appeared to expand a production blockade over a...
News

Exxon to provide Guyana with carbon capture roadmap for US$10B Yellowtail project

OilNOW -
According to the Environmental Permit that was issued for the US$10B Yellowtail Project, ExxonMobil is required to provide Guyana with a roadmap for emissions reduction along with an examination of the potential and feasibility of Carbon Capture Utilization and...
News

10 or more FPSOs cannot eclipse Guyana’s carbon capture service – Environmental Economist

OilNOW -
Senior Director for Climate and REDD+ at Guyana’s Ministry of Natural Resources, Pradeepa Bholanath has clarified that even if Guyana has 10 FPSOs operating offshore, as well as the landmark gas-to-energy project on stream, their emissions can in no...
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Exxon, other firms secure injunctions to stop climate protests in United Kingdom

OilNOW -
(Reuters) - Three firms involved in Britain's oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on Friday. Environmental groups such as Extinction Rebellion and...
Exploration

Exxon wrapping up 4D Seismic operations at Stabroek Block

OilNOW -
ExxonMobil will soon conclude 4D seismic surveying operations at the 6.6 million acres Stabroek Block offshore Guyana. The seismic equipment recovery will incorporate the use of the MV Thor Alpha, MV Thor Freyja and SV Ramform Tethys.   The Maritime Administration...
News

Nigeria eyes early 2023 for first gas from US$2.8 billion pipeline project

OilNOW -
A US$2.8 billion natural gas pipeline project in Nigeria will deliver first gas in the first quarter of 2023, authorities heard during a visit last Thursday to the ongoing construction. Leading this inspection of the Ajaokuta-Kaduna-Kano (AKK) project was chief...
News

World’s largest passenger airplane completes flight on cooking oil fuel supplied by TotalEnergies

OilNOW -
The Airbus A380, the world's largest passenger airliner, completed a three-hour trial flight from Blagnac Airport in Toulouse -- Airbus' French headquarters -- on 25 March. The flight was powered by Sustainable Aviation Fuel, or SAF -- predominantly made...
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Guyana government sets firm January 2026 deadlines for local content approvals

The Ministry of Natural Resources has announced a new fixed timeline for reviewing and approving local content certification applications....

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