Featured

Featured posts

News

Stabroek COVs could exceed 2024 well projection with Chevron’s takeover of Hess – Deakin

OilNOW -
Chevron’s recent takeover of Hess has major implications for Guyana’s oil industry and its blossoming economy, according to Americas Market Intelligence (AMI) Director of Energy Practice, Arthur Deakin. For instance, Deakin foresees an uptick in the wells planned for...
News

CGX, Frontera stocks plunge after JV said it found more oil offshore Guyana

OilNOW -
CGX Energy Inc. and Frontera Energy Corporation, partners in a joint venture (JV) operating the Corentyne acreage offshore Guyana, have experienced notable declines in their stock values. CGX’s TSE stock (OYL.V) plunged 60% from CA$0.92 on November 9 to CA$0.37...
News

Petronas mulling development in Suriname block shared with ExxonMobil

OilNOW -
A high-level delegation from Petronas recently convened discussions with the Suriname government to detail plans for a potential project at its offshore block 52.  A report from Barbados NationNews said that Petronas executives disclosed intentions to undertake further exploration drilling...
News

DOF secures contracts with Subsea7 and Maersk Supply Service 

OilNOW -
DOF has secured substantial contracts in the maritime industry, with deals involving both Subsea7 and Maersk Supply Service. The company sealed a deal with Subsea7 for the time charter of the Skandi Acergy, a construction vessel boasting a 400-ton crane,...
News

Exxon CEO advocates against painting Big Oil as ‘villains’ for climate, emphasizes technology over supply reduction 

OilNOW -
ExxonMobil Corp.'s Chief Executive Officer, Darren Woods, addressed concerns surrounding the portrayal of Big Oil as "villains" in the climate change narrative, warning that restricting fossil fuel supplies would impede progress towards achieving net zero emissions and perpetuate poverty...
News

Guyana planning for all outcomes of Venezuela referendum should it proceed

OilNOW -
Guyana is preparing for all possibilities surrounding the December 3 referendum by Venezuela, its President, Irfaan Ali assured.  While Ali believes that Venezuela “would not act in a reckless way”, disregarding the orders of the International Court of Justice (ICJ),...
News

Rely only on official channels for information – Presi Ali urges as Venezuela takes controversy to social media 

OilNOW -
The recent wave of posts on social media platforms regarding the Venezuela border controversy has prompted Guyana’s President Irfaan Ali to urge the public to rely only on information emerging from official channels in the government.  “I have seen a...
News

All U.S. sanctions “are on the table” if Venezuela reneges on agreement for free and fair elections 

OilNOW -
The Biden administration has issued a stern warning to Venezuela, stating its intent to rescind recently granted licenses if President Nicolás Maduro fails to demonstrate a commitment to fairer elections by the close of November. Brian Nichols, the U.S. Assistant...
News

Exxon pursues lithium mining to supply electric vehicles

OilNOW -
ExxonMobil is venturing into the lithium market to meet the growing demand for electric vehicles (EV). The company announced that it has started drilling its first lithium well in Arkansas, where it holds a large acreage of land with...
News

ABS recognizes Guyanese company with global accreditation

OilNOW -
Pandora Energy Inc., a Guyanese manpower and recruitment firm, has recently achieved global recognition by obtaining the American Bureau of Shipping (ABS) accreditation. This confirms the company's compliance with the International Labor Organization (ILO) Maritime Labor Convention (MLC) 2006,...
1...173174175...976Page 174 of 976

Latest News

NewsOilNOW -

Look beyond the barrels for the success of Guyana’s oil industry – Ali 

President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just the...

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