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Exxon to conduct seismic survey offshore Trinidad in second quarter of 2026

OilNOW -
ExxonMobil has scheduled a seismic survey for the second quarter of 2026 on its newly awarded TTUD-1 block offshore Trinidad and Tobago, according to updates shared with the Ministry of Energy and Energy Industries (MEEI). The company outlined its timeline...
Opinions

Letter-to-the-Editor: Oil fuels the economy, education secures the future

OilNOW -
Dear Editor, As a law student in Guyana, I was very encouraged by President Ali’s announcement that work will soon begin on a national law school. For many of us, the dream of becoming a lawyer has often been blocked...
News

Chevron CEO hails Hess deal as 2025’s biggest U.S. merger, bets on lasting oil demand

OilNOW -
Mike Wirth, Chief Executive Officer of Chevron, defended the company’s oil-first strategy in a recent interview with the New York Times, even as the International Energy Agency (IEA) projects that global demand could peak before 2030. Wirth, who has led...
News

Over 1,300 Guyanese firms are now registered under the country’s Local Content Act

OilNOW -
More than 1,300 Guyanese companies have been approved and registered under the Local Content Act, according to Director of the Local Content Secretariat, Dr. Martin Pertab. In an interview with OilNOW, Dr. Pertab disclosed that the Secretariat has registered 1,315...
News

Guyana’s local content spend hits US$350M in six months 

OilNOW -
Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on Guyanese firms exceeding US$350 million in the first half of 2025. Dr. Martin Pertab, Director of the Local Content Secretariat, confirmed...
Opinions

Letter-to-the-Editor: More needs to be done to improve the lives of everyday Guyanese people; oil money is not trickling down 

OilNOW -
Dear Editor, During a public analysis of the situation and in recent discussions with citizens, several concerns have consistently surfaced about accountability and the quality of life in Guyana. Many people continue to struggle with accessing employment opportunities, securing fair...
News

Noble, EDO and MATPAL gear up for recruitment drive in Guyana’s Essequibo region

OilNOW -
The Noble Recruitment Drive is set to arrive in Parika in the Essequibo Islands-West Demerara region of Guyana on Sunday, bringing opportunities for locals seeking careers in the offshore industry. The event will be hosted at the Market Tarmac near the...
News

World Bank backs Suriname’s transition as oil era approaches

OilNOW -
PARAMARIBO, SURINAME -  Suriname’s President Jennifer Geerlings-Simons met with a World Bank delegation this week to discuss support for the country’s economic transition as it prepares for offshore oil production.  The talks, held at the Presidential Palace in Paramaribo on...
News

Chinese oil giant leads interest in Trinidad deepwater blocks 

OilNOW -
The Energy Chamber of Trinidad and Tobago reported that the country’s 2025 Deepwater Bid Round closed on September 17, with Chinese state-owned oil company CNOOC International (China National Offshore Oil Corporation) submitting bids for three of four blocks that...
News

Guyana’s first major oil & gas training college to welcome full cohort next month

OilNOW -
The long-awaited Guyana Technical Training College Inc. (GTTCI) is set to welcome its first cohort of students to be fully trained locally beginning in October 2025, ExxonMobil Guyana announced on Wednesday.  The move marks a milestone in the country’s local...
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GCCI’s Business Development Forum to equip MSMEs for 2026 growth opportunities in Guyana and around the world

As Guyana continues on a trajectory of rapid economic expansion, the Georgetown Chamber of Commerce and Industry (GCCI) is...

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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