Featured

Featured posts

News

U.S. appears to ease up on Venezuela with Chevron license renewal

OilNOW -
The Trump administration has quietly renewed a license allowing U.S. oil giant Chevron to resume operations in Venezuela, signaling a shift in Washington’s hardline stance toward President Nicolás Maduro’s government, sources familiar with the matter reportedly told the Miami...
News

Perenco now second largest oil & gas producer in Trinidad – Energy Chamber

OilNOW -
Perenco has become Trinidad and Tobago’s second-largest oil and gas producer, following a string of asset acquisitions that significantly expanded its share of national output, according to Q1 2025 production data reviewed by the Energy Chamber of Trinidad and...
News

Modern Port Act, independent Port Authority on the cards for Guyana – President Ali 

OilNOW -
Guyana is set to introduce a Modern Port Act aimed at transforming its maritime legal framework to meet international standards and support the country’s fast-expanding logistics and trade ecosystem. This is according to Guyana’s President Irfaan Ali earlier this week,...
News

Chevron to lay off about 575 Hess workers in Houston after buyout

OilNOW -
Chevron plans to lay off approximately 575 Houston-based employees on September 26, according to a Worker Adjustment and Retraining Notification (WARN) filed with the Texas Workforce Commission on Wednesday, the Houston Chronicle reported.  The affected employees are all from the...
News

US$700 million annually needed to fund biodiversity. Here’s how Guyana plans to help with a global alliance

Shikema Dey -
Let’s face it, climate change is here, and its impacts are glaring. The world no longer needs planning; it demands real action and tangible results. That is what is expected to come out of the Global Biodiversity Alliance Summit,...
News

Guyana’s deepwater port project enters feasibility stage with Bechtel at the helm – Ali

OilNOW -
President Dr. Irfaan Ali has revealed that a comprehensive feasibility study for the Berbice Deepwater Port is currently underway. Led by global engineering giant Bechtel, the project has full support of the government and key energy stakeholders. Addressing the Shipping...
News

Key facts about Chevron, the latest oil heavyweight in Guyana’s Stabroek Block 

OilNOW -
Chevron Corporation has officially stepped into Guyana’s energy landscape through its recent acquisition of Hess Corporation, one of the original stakeholders in the Stabroek Block. This is Chevron’s formal entry into one of the world’s fastest-growing oil frontiers. The company,...
News

Tenaris secures key contracts for Suriname’s first offshore oil project

OilNOW -
TotalEnergies has awarded Tenaris a contract to supply casing, tubing, and Rig Direct® services for the GranMorgu project, Suriname’s first major offshore oil development. Tenaris said it will supply around 47,000 tons of casing and tubing featuring TenarisHydril Blue® and...
News

Four of the top oil and gas companies operating in Guyana 

Shikema Dey -
Guyana, among the few super basins left in the world, has attracted the presence of four of the largest movers and shakers in the global energy arena: ExxonMobil, TotalEnergies, CNOOC and now Chevron.  Guyana’s oil production journey began with ExxonMobil...
News

Welligence says Chevron must tread carefully operating in Guyana because of border controversy 

OilNOW -
Following the closure of the Chevron-Hess merger, market intelligence firm Welligence is advising that Chevron, now holding a 30% stake in Guyana’s Stabroek Block, to act with caution amid the ongoing border controversy with Venezuela. The Stabroek Block operated by...
1...101112...998Page 11 of 998

Latest News

NewsShikema Dey -

Chevron’s entry strengthens Guyana oil sector despite Venezuela ties – Rystad Energy  

Chevron’s entry into Guyana’s Stabroek Block will not disrupt ongoing operations, according to Schreiner Parker, Partner and Head of...

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