Featured

Featured posts

News

Guyana gov’t working with U.S. firm on port that will support second gas project

OilNOW -
International engineering giant Bechtel is working closely with the Government of Guyana to develop a deep-water port in Berbice, Region Rix (East Berbice-Corentyne). This is according to President of the South American country, Dr. Mohamed Irfaan Ali.  The facility is...
News

Cranes Guyana Inc. to develop US$285M port in Berbice – President Ali 

OilNOW -
Muneshwers Limited and John Fernandes Limited, through its joint venture Cranes Guyana Inc., will invest over US$285 million for a modern port facility in Berbice. The project, which was first announced during this year’s Local Content Summit, is expected to...
News

Chevron returns oil to Venezuela ahead of U.S. sanctions deadline

OilNOW -
Venezuelan state oil firm Petroleos de Venezuela SA (PDVSA) has ordered Chevron Corporation to return nearly one million barrels of oil, amid payment uncertainty related to U.S. sanctions.  Reuters - citing shipping data and sources - reported on April 14...
News

Hess maintains potential for up to 10 FPSOs offshore Guyana

OilNOW -
Hess Corporation said in its 2024 annual report that potential remains for up to 10 floating, production, storage and offloading vessels (FPSOs) offshore Guyana, as operator ExxonMobil progresses with a multi-phased development plan in the South American nation. To date,...
News

ExxonMobil achieves record 4.3 million barrels per day in 2024; the highest in over a decade

OilNOW -
ExxonMobil produced 4.3 million oil-equivalent barrels per day in 2024, the company’s highest rate in over a decade, according to its recently published annual report.  “This record production helped meet record global demand in 2024,” Chief Executive Officer Darren Woods...
News

Second gas project to power Guyana’s first AI data center 

OilNOW -
Guyana’s first Artificial Intelligence (AI) Data Center will be built in Berbice, powered by energy from the country’s second gas development project, President Dr. Irfaan Ali announced on April 12. A second natural gas pipeline will be built to land...
Guyana's Oil Ledger

Guyana’s first quarter oil revenues top US$600 million despite lower prices

Kemol King -
Guyana’s Natural Resource Fund (NRF) recorded deposits totaling US$605.46 million (GY$126.24 billion) in the first quarter of 2025, representing earnings from the sale of seven lifts of profit oil and one quarterly royalty payment. The figure edges just above...
News

Seventy-five of 1,250 businesses registered with the Local Content Secretariat are fully women-owned

OilNOW -
As of April 10, 1,250 local companies have registered with Guyana's Local Content Secretariat, and 75 of those companies are 100% female-owned. Women's participation in the energy sector is rising, with their involvement becoming crucial as the industry expects to...
Stories Beyond the Barrel

Christina Ramroop drives bold local content action at Stena Drilling

Shikema Dey -
Christina Ramroop serves as Stena Drilling’s Administration and Local Content Officer in Guyana. Her role allows her to develop professionally while making a meaningful impact. “Stena is an equal opportunity employer, and it gives me the free will to…grow into...
News

Guyanese logistics companies teaming up to develop modern port

OilNOW -
Muneshwers Ltd. and John Fernandes Ltd. are working through their joint venture, Cranes Guyana Inc., to bring a modern port to the South American nation’s coast.  The two leading shipping and logistics companies are setting the stage for what could...
1...171819...975Page 18 of 975

Latest News

NewsOilNOW -

Guyana’s AFC party promises transparency, amended contracts in oil sector if it wins elections

Guyana’s Alliance for Change (AFC) political party is promising oil and gas transparency reforms and a review of existing...

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