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Guyana crude blends capture bigger chunk of European market this year

OilNOW -
Driven by increased production by an ExxonMobil-led consortium operating off of its coast, and strong demand for light sweet crude grades, the South American country of Guyana has gained a larger share of Europe's oil market this year. Guyana's crude...
News

“We never threatened the peace; Venezuela has been the aggressor” – Jagdeo

Shikema Dey -
Guyana’s Vice President Bharrat Jagdeo had cause to reiterate that it is Venezuela that has assumed an aggressive posture in its efforts to grab two-thirds of his country’s territory.  That retort was in response to those who have called on...
News

Referendum on Essequibo “must be suspended” – Maduro’s main presidential challenger

OilNOW -
Nicolas Maduro’s main challenger in Venezuela's upcoming presidential elections, María Corina Machado has called for the suspension of the December 3 referendum on Guyana’s Essequibo region.  ...
News

Petrobras, Shearwater forge alliance to transform seismic exploration 

OilNOW -
Brazilian oil giant Petrobras and Norwegian marine seismic services company Shearwater have announced a collaborative technology agreement aimed at reshaping seismic exploration and field developments. Described as a multi-year strategic partnership, the alliance seeks to propel the seismic industry to...
Opinions

Hydrogen energy technology adoption- Part I

OilNOW -
By Dr. Lorraine Sobers - OilNOW There are two types of people: those who accept and adopt new technology before it becomes mainstream and those who wait for the hype to die down. The energy sector has its fair share...
News

Lack of financing poses greatest risk to Guyana’s local content development efforts, warns energy expert 

OilNOW -
Guyana faces a critical obstacle hindering the participation of local businesses in the country's local content development initiatives - the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation's...
News

CARICOM should consider deploying a military observation mission to Guyana – Prof. Kirton

OilNOW -
In the midst of escalating tensions between Guyana and Venezuela, Professor Mark Kirton, an expert in International Relations, has emphasized the critical need for immediate regional and international support to safeguard Guyana's territorial integrity. Venezuela reinvigorated its claims to the...
News

Sensitization of citizens will ensure nation “continues to speak with one voice”  – Prof. Kirton 

OilNOW -
The sensitization of citizens in Guyana will ensure the nation continues to speak with one voice on the ongoing Venezuela border controversy. So says international relations expert, Professor Raymond Mark Kirton.  “Perhaps the most important approach to be enhanced by...
News

Shell Egypt discovers gas reservoir in Mediterranean exploration campaign 

OilNOW -
Shell Egypt announced the successful completion of drilling its initial well, Mina West, a win in its three-well exploration campaign in the North East El-Amriya block, situated in the Mediterranean Sea. The drilling operation uncovered a gas-bearing reservoir, Shell...
News

Bajan opposition leader slams Mottley over stance on Guyana-Venezuela controversy

OilNOW -
The Democratic Labour Party (DLP) has sharply criticized Barbadian Prime Minister Mia Mottley's administration for its perceived lack of support towards Guyana amidst Venezuela's claim on the Essequibo region.  Dr. Ronnie Yearwood, leader of the DLP, condemned the Barbadian government's...
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GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing...

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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