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Guyana’s power demand hits record high at 221.3 megawatts 

OilNOW -
Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The disclosure was made by Kesh Nandlall, Chief Executive Officer of Guyana Power and Light Inc. (GPL), during a visit to...
News

Wales Gas-to-Energy project accelerates with 120 day foundation plan

OilNOW -
Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation works within 120 days. The project, which is now 68% finished, is being closely monitored by Prime Minister Brigadier (Ret’d)...
News

Bayphase aiding Guyana’s review of Exxon’s Hammerhead oil project

OilNOW -
The Guyana government has engaged British consultancy Bayphase to help review ExxonMobil’s proposed Hammerhead oil development, Natural Resources Minister, Vickram Bharrat, said on Monday. In an invited comment, Bharrat told OilNOW the field development plan (FDP) for Hammerhead, ExxonMobil’s seventh...
News

Global subsea tree awards set to surpass 200 units in 2025, Westwood says

OilNOW -
Subsea tree orders are on track to cross 200 units this year, according to Westwood’s Global Subsea Tree Tracker. The firm stated in a September 4 report that as of the end of August 2025, “108 subsea tree units...
Energy Insights

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

Chevy Devonish -
In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act 2025 (OPPPRR) To be clear, by new, I do not mean that this is the most recent version of this legislation....
News

Guyanese-American welder returns home to train Guyanese for oil and gas jobs 

OilNOW -
UPDATE: This article has been updated with additional information to reflect that Mohamed Ally is contracted with the School of the Nations to provide welding training for Guyanese. It also clarifies that the School of the Nations is the...
Opinions

Letter-to-the-Editor: PPP/C win signals stability but raises expectations in the oil sector

OilNOW -
Dear Editor, With the PPP/C winning the elections and securing a clear parliamentary majority, there’s been a lot of talk about what this means for Guyana’s oil and gas sector. One thing is certain: a majority government gives the PPP/C...
News

Ali names 25-member cabinet; Vickram Bharrat back at oil ministry

OilNOW -
President Irfaan Ali of Guyana unveiled 25 ministerial Cabinet appointees on Saturday evening, as the government embarks on its new five-year term. “The work we’re about to embark on is for all of Guyana, every citizen. It’s to reach every...
Rules of the Game

How exploration and production are governed in Suriname – Part 1

Işıl Güneş -
PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in 2001. This framework has shaped how oil and gas resources are managed, licensed and developed...
News

Suriname and Guyana leaders commit to energy cooperation and Corentyne bridge advancement

Işıl Güneş -
NIEUW NICKERIE, SURINAME - Suriname’s President Jennifer Geerlings-Simons and Guyana’s recently re-elected President Irfaan Ali met on September 13 in Nieuw Nickerie, Suriname, to strengthen bilateral ties and advance cooperation in key areas, with oil and gas and the...
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Latest News

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Exxon says U.S. senators were misled; no Guyana tax credits included in its 2023 & 2024 filings

President of ExxonMobil Guyana, Alistair Routledge, has rejected claims that the company benefited from tax credits in Guyana for...

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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