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Kamla Persad-Bissessar returns as TT PM in historic win

OilNOW -
Voters in Trinidad and Tobago have removed the ruling People’s National Movement (PNM) from power. Electing the United National Congress (UNC) headed by Kamla Persad-Bissessar.  Persad-Bissessar, 73, previously led the country from 2010 to 2015. She remains the only woman...
News

Georgetown business group urges peace amid unrest over child’s death

OilNOW -
The Georgetown Chamber of Commerce and Industry (GCCI) on Tuesday urged citizens to allow peace and stability to prevail. The call follows a night of protests, looting, and violence in Georgetown and along parts of Guyana’s coast over the...
News

Guyana gov’t tables Oil Spill Bill in Parliament

OilNOW -
The Government of Guyana on Monday tabled the long-anticipated Oil Pollution Prevention, Preparedness, Response, and Responsibility Bill 2025 in Parliament, moving to strengthen the country’s legal framework for managing offshore oil spills amid the rapid expansion of its petroleum...
News

Three-week certification target set for Guyana’s local content applicants

OilNOW -
The Government of Guyana is stepping up efforts to strengthen the local content framework in the oil and gas sector, according to the Ministry of Natural Resources. At the recently concluded Local Content Summit, Minister of Natural Resources, Vickram Bharrat,...
News

With Dragon gone, could Guyana be a potential gas source for TT’s spare capacity? 

Shikema Dey -
An April 28 article by the Energy Chamber of Trinidad and Tobago floated the idea of Guyana being a “potential source” of natural gas to fill the Twin Island Republic's spare capacity.  With Trinidad’s Dragon gas dreams appearing dashed, the...
News

Guyana represented just 4.2% of ExxonMobil’s global asset portfolio in 2024

OilNOW -
Despite its role as one of the fastest-growing oil producers in ExxonMobil’s global portfolio, Guyana accounted for just 4.2% of the energy giant’s total long-lived assets at the end of 2024, according to data in the company’s 2024 annual...
News

Foreign labour may be needed to fill skills gap for Suriname’s oil future – Staatsolie Chief

OilNOW -
Annand Jagesar, Managing Director of Staatsolie, believes that Suriname is facing a shortage of skilled labor as it prepares for offshore oil production.  During a recent interview with Kaori Media, Jagesar noted, “Currently, only 7% of our workforce holds a...
News

Chinese Wison New Energies contracted to study floating liquefied natural gas facility at Suriname’s Block 52

OilNOW -
Wison New Energies -  a leading provider of clean energy technology and solutions headquartered in Shanghai - has been contracted to conduct a detailed feasibility study for a proposed floating liquefied natural gas (FLNG) facility at Suriname’s offshore...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s 648,000 b/d. Despite the daily average easing, total production for March climbed to 19.4 million barrels, outperforming the 18.1 million...
News

Despite Dragon gas setback, Trinidad still has other viable gas projects in the pipeline

OilNOW -
Trinidad and Tobago's Dragon gas project, once considered key to restoring gas production in the Caribbean nation, was halted by the Trump administration due to its Venezuelan ties. Despite this setback, the country still has several projects in the...
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Kamla Persad-Bissessar returns as TT PM in historic win

Voters in Trinidad and Tobago have removed the ruling People’s National Movement (PNM) from power. Electing the United National...

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