Featured

Featured posts

News

Guyana focuses on ‘responsible’ resource management as US energy goals shift

OilNOW -
With the new Donald Trump administration ramping up American energy production and exports, Guyana’s President, Dr. Irfaan Ali said oil-producing nations like Guyana must adopt a “responsible and strategic” approach to resource management—despite global energy market fluctuation. During a recent...
News

Chevron to drill Korikori well in Q4 – Staatsolie 

OilNOW -
Suriname’s state oil company, Staatsolie, has confirmed to OilNOW that Chevron will drill the Korikori-1 well in Block 5 sometime in the fourth quarter of this year.  Staatsolie’s affiliate Paradise Oil Company holds a 40% stake in Block 5. Chevron...
News

PSC calls out failure to defend Guyana’s territory at business conference

OilNOW -
The Private Sector Commission (PSC) is the latest Guyanese body to condemn the display of a map at a conference showing the New River Triangle area as part of Suriname.  In a strongly worded statement on Tuesday, the PSC said...
News

Chorus of condemnation grows over map depicting New River Triangle as Suriname territory

OilNOW -
Two more business groups in Guyana have issued statements condemning the use of a map that depicted Guyana’s New River Triangle as part of Suriname, at a Paramaribo conference last week.  The Guyana Oil & Gas Energy Chamber (GOGEC) and...
News

SBM Offshore Guyana seeking next cohort of graduate engineers for its trainee program

OilNOW -
SBM Offshore Guyana is once again searching for Guyanese talent in the engineering field as it kicks off its Graduate Trainee program.  According to a notice published on its Facebook page, SBM Offshore Guyana said the opportunity is designed to...
News

‘We have to build the Berbice deepwater port’ – President Ali

OilNOW -
With Guyana’s Berbice region set for major development, President Irfaan Ali is adamant that plans for the proposed deepwater port there must forge ahead.  “You have to build that deep-water port, that is part of the plan,” the Head of...
News

Guyana denounces use of map depicting part of its territory as Suriname’s

OilNOW -
The Government of Guyana has strongly objected to a map presented at a recent International Business Conference in Paramaribo, Suriname, which inaccurately depicted the New River Triangle as Surinamese territory. Guyana was represented at the conference by Virjanand Depoo,...
News

GCCI: Silence on threat to Guyana’s sovereignty is inexcusable

OilNOW -
The Georgetown Chamber of Commerce and Industry (GCCI) has issued a strong condemnation of recent actions undermining Guyana’s territorial integrity, emphasizing that silence in the face of such threats is unacceptable.  The Chamber’s statement comes in response to publicized images...
News

Europe took 75% of Guyana’s oil cargoes in January 

Kemol King -
Tankers taking off crude from ExxonMobil’s Stabroek Block went mostly to Europe in January.  According to Guyana’s Maritime Administration Department (MARAD), 20 lifts—each consisting approximately a million barrels— were taken off in January. Fifteen of them went to Europe, based...
News

Stabroek Block group could recover another US$13 billion in expenses this year

Kemol King -
With US$17.6 billion in crude exports projected for 2025, the Stabroek Block group could recover up to US$13.2 billion in expenses in 2025. The group—ExxonMobil, Hess, and CNOOC—has committed more than US$54 billion to explore and develop the Stabroek Block...
1...232425...959Page 24 of 959

Latest News

NewsOilNOW -

ExxonMobil taps MODEC for second Guyana FPSO as Hammerhead project advances

ExxonMobil has awarded a limited notice to proceed to Japanese offshore engineering firm MODEC for the development of a...

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