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Guyana’s Natural Resource Fund (NRF) received deposits totaling US$225.75 million (G$47.07 billion) in February 2025. This amount represents payments for sale of Guyana’s entitlement of crude oil from production offshore by ExxonMobil. In February, when assessed against Brent, daily price...

Several Caribbean nations with significant energy interests are heading to the polls in 2025, setting the stage for elections that could reshape the region’s energy policies.  From Guyana and Trinidad and Tobago to Suriname, voters will decide on leaders who...

ExxonMobil is introducing cutting-edge technology to enhance oil production. The company has announced the deployment of its latest high-performance computing (HPC) system, Discovery 6. This will accelerate seismic imaging and improve resource recovery at all its operations, including the...

To briefly recap our first publication the Petroleum Activities Act Series – Introduction, the term upstream refers to all activities carried out in the exploration for, and production of petroleum. The terms exploration, development, and production found in the...

ExxonMobil Guyana Limited (EMGL) is seeking an insurance broker to provide coverage for its Hammerhead Development Project under a new services agreement. The public Request for Information (RFI) aims to identify suppliers capable of supporting the project's Construction All...

Stuart Young will continue to lead Trinidad and Tobago’s Ministry of Energy and Energy Industries in his new position as Prime Minister. He was sworn in on March 17.  Young was originally appointed Minister of Energy on April 19, 2021,...

The following is an opinion editorial by Shikema Dey, Research and Content Developer at OilNOW, and a seasoned Journalist in the Oil and Gas Industry Guyana cannot be bullied. We do not take well to demands, particularly from leaders...

At the 5th Annual Women & Girls Summit women leaders from across Guyana called for decisive action to close the gender gap, promote financial empowerment, and embrace technological innovation. The event brought together policymakers, entrepreneurs, and young women committed...

See statement from Guyana's Ministry of Natural Resources:  The Ministry of Natural Resources takes this opportunity to address the latest fabrications published by Glenn Lall on March 16 in Kaieteur News under the headline "Disasters of the Oil Industry Unfolding...

Chevron Corporation has reinforced its commitment to acquiring Hess Corporation by purchasing 15.38 million shares of Hess’ common stock in open market transactions between January and March 2025. The purchase, conducted at prevailing market prices, was disclosed in a...