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ExxonMobil Corporation said on Wednesday a Harvard University study that concluded the US super-major misled the public on climate change  was "paid for, written and published by activists leading a five-year campaign against the company.” The Harvard researchers examined 187...

Stones is the world’s deepest oil and gas project, operating in around 2,900 metres (9,500 feet) of water in an ultra-deep area of the US Gulf of Mexico. The project started production in September 2016 from a Floating Production,...

Guyana’s private sector is being urged to expand its knowledge base and adopt a unified position for the country’s emerging oil and gas industry. OilNOW sat down with former High Commissioner of Canada to Guyana, Pierre Giroux prior to his...

(BBC) Mining giant BHP Billiton will sell its US shale assets after pressure from shareholders to offload the underperforming business. The miner said a number of parties are interested in the assets and it is "actively pursuing options to exit". Shareholder...

ACCRA (Reuters) - Ghana's President Nana Akufo-Addo plans to sign an agreement to import liquefied natural gas (LNG) from Equatorial Guinea during his three-day visit to the Gulf of Guinea due to begin on Monday, his office said. Though an...

Crude oils have various attributes that make them more or less attractive to refiners. West Texas Intermediate (WTI), the U.S. marker crude traded at Cushing Oklahoma, for example, is quite different than Western Canadian Select (WCS) produced and traded...

A Trinidadian Economist is urging Guyana not to make the same mistakes the twin island republic has made in the management of revenue generated from petroleum production, and the neglect of other sectors of the economy. Dr. Roger Hosein, an...

The recent visit to ExxonMobil’s Houston, Texas campus by a team of Guyanese officials was part of ongoing dialogue, project updates and capacity building related to offshore deep-water activities being undertaken by the US super-major in the South American country. OilNOW...

(Reuters) Total is buying Maersk Oil in a $7.45 billion deal which the French oil major said would boost its earnings and cash flow, and bolster its dividend prospects. Danish company A.P. Moller-Maersk is selling its Maersk Oil division to Total to focus...

The absence of a well-articulated vision that outlines how oil revenue will be spent to transform Guyana and improve the living standards of its small population of 750,000 is a matter that needs urgent attention. This is the view...