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Letter-to-the-Editor: Guyana is set for a big boost in tourism and excitement this cricket season 

OilNOW -
Dear Editor, I am confident that with the highly anticipated ExxonMobil GSL cricket season upon us once again, Guyana is poised to experience a significant surge in sports tourism and business travel. This season presents yet another opportunity for our nation...
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Guyana edges closer to world’s largest oil producer per capita

OilNOW -
With just a few weeks before August arrives, Guyana inches closer to becoming the world’s largest oil producer per capita.   The milestone is tied to the start-up of the ONE GUYANA floating production, storage, and offloading vessel (FPSO), the latest...
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Lysekil, the Swedish refinery using Guyanese crude to power Nordic travel 

OilNOW -
Swedish oil giant Preem is using Guyana’s medium-sweet crude to fuel its flagship Lysekil refinery, linking South America’s newest oil producer to the Nordic region’s energy supply chain. Perched on the rocky coast of Brofjorden just north of Gothenburg,...
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None like Payara: Exxon yet to replicate optimization, but there’s still time

OilNOW -
The ramp-up of ExxonMobil’s Payara project remains unmatched in Guyana’s offshore oil history, even as more developments come on stream. Wood Mackenzie’s Principal Analyst Luiz Hayum described the startup of the Prosperity FPSO at Payara as setting an industry...
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Moonilal appoints new boards for Trinidad’s state energy companies

OilNOW -
Trinidad and Tobago's Energy Minister Roodal Moonilal on Monday issued letters of appointment to the new boards of directors for several state-owned energy companies, as the new government moves to revitalize the country's energy sector. According to a statement from...
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Hess gives back Suriname oil block at Guyana border

OilNOW -
U.S. oil company Hess has relinquished Block 59 offshore Suriname, a deepwater area located near the maritime border with Guyana, returning the acreage to Suriname’s Staatsolie, the state oil firm announced on Tuesday. “Hess fulfilled its minimum work obligations and...
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ExxonMobil anticipates lower Q2 2025 earnings due weaker oil and gas prices

OilNOW -
ExxonMobil expects lower crude and natural gas prices will weigh on its second quarter 2025 earnings, according to its latest 8-K filing with the U.S. Securities and Exchange Commission (SEC) released ahead of results due August 1. The company estimates...
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Survey says Exxon is ‘Most Admired Explorer’ propelled by mega wins in Guyana

OilNOW -
ExxonMobil has been named the most-admired upstream explorer in the world, according to Wood Mackenzie’s 2025 Exploration Survey, a recognition underpinned mainly by the company’s performance offshore Guyana. The award, announced at Wood Mackenzie’s annual Exploration Summit in Bordeaux in...
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Exxon’s deepest wells drilled in the Stabroek Block after Ranger

OilNOW -
Following the record-setting Ranger-1 well, ExxonMobil has continued to push the limits of deepwater exploration in Guyana’s Stabroek Block. Ranger-1, announced in January 2018, remains the deepest discovery in the block. It was drilled to a depth of 21,161 feet...
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Touchstone confirms hydrocarbon presence at Cascadura-5 well in Trinidad

OilNOW -
Touchstone Exploration announced on July 7 successful drilling results from its Cascadura-5 development well onshore Trinidad and Tobago. The well, located on the Ortoire block, was spud on June 4 and reached a total depth of 7,020 feet in 22...
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Stories Beyond the BarrelShikema Dey -

Kavita Khan: Driving finance in Guyana’s oil sector

For Senior Accountant Kavita Khan, TechnipFMC first caught her attention through a presentation. “One of the managers… was going...

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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