Featured

Featured posts

News

Creating a Diaspora ministry, allowing immigration from CARICOM could serve Guyana well – IMF

OilNOW -
The International Monetary Fund (IMF) has urged Guyana to urgently review its migration laws as well as find other creative means of attracting expertise from the Guyanese Diaspora to help develop its oil sector. With the low base in education...
News

Int’l Association of Oil & Gas Producers ready to help Guyana expand technical expertise – CEO

OilNOW -
For Guyana to make the best of its oil riches, it will need to strengthen its technical capacity to govern the industry as quickly as possible. To this end, Chief Executive Officer (CEO) of the International Association of Oil and...
News

IMF commends Guyana’s low carbon development plan

OilNOW -
The International Monetary Fund (IMF) applauded Guyana’s comprehensive Low Carbon Development Strategy (LCDS) 2030 which outlines plans to combat climate change. It said the strategy commits Guyana to the reduction of emissions by 70% before 2030 mainly via maintaining vast...
News

Veolia to supply seawater treatment module for Exxon’s fourth Guyana FPSO

OilNOW -
SBM Offshore has awarded a multi-million-dollar contract to Veolia Water Technologies, through its subsidiary VWS Westgarth Ltd. to supply a seawater treatment process module for the massive ‘One Guyana’ floating production storage and offloading vessel. The vessel will be used...
News

Publication of contracts, creating bidders’ register part of Guyana’s anti-corruption efforts

OilNOW -
As Guyana continues with the development of its oil bonanza, the International Monetary Fund (IMF) said it is critical that the new producer mitigates any rise in corruption levels as this ultimately undermines overall growth. In a recent report, the...
News

Guyana must strive to produce cleanest oil barrels – Iman Hill

OilNOW -
While she agrees that Guyana must fast-track the development of its oil resources, Iman Hill, Chief Executive Officer (CEO) of the International Association of Oil and Gas Producers (IOGP), is urging authorities to put systems in place to ensure the "cleanest barrels"...
News

Rising flows from Guyana’s oil fields continue to shore up UK shortfall

OilNOW -
Russian seaborne crude exports have fallen to a 12-month low as a ban by the European Union along with price caps remain on the horizon. The shortfall in supply across Europe is being shored up by alternative sources of...
News

UK company upskilling Guyanese oil workers lands prestigious award

OilNOW -
3t EnerMech, one of the companies involved in the upskilling of Guyanese workers, has been named ‘Regional Winner for East Africa and the Rest of the World’ by the Engineering Construction Industry Training Board (ECITB). The Board celebrates and rewards...
News

Exxon expects dip in Q3 profits

OilNOW -
ExxonMobil Corp signalled last week that its Q3 operating profits could dip to US$11 billion before impairments, a significant drop from its Q2 record of US$17.9 billion, according to a recent 8-K filing with the US Securities and Exchange...
News

OPEC+ 2 million bpd production cut to take effect in November

OilNOW -
Led by Russia and Saudi Arabia, the Organisation of the Petroleum Exporting Countries and its key allies known as OPEC+ agreed this week to cut production by 2 million barrels per day (bpd). Importantly, this is the largest reduction...
1...380381382...1,017Page 381 of 1,017

Latest News

NewsOilNOW -

Guyana’s Uaru and Whiptail projects on track for 2026 to 2027 start-up – Routledge

Alistair Routledge,  President of ExxonMobil Guyana says the company’s fifth and sixth developments — Uaru and Whiptail — are...

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