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Exploration

Impact study required for 35-well campaign at Stabroek Block – EPA

OilNOW -
Guyana’s Environmental Protection Agency (EPA) said in a notice over the weekend that an Environmental Impact Assessment (EIA) of the cumulative effects of a 35-well campaign proposed by ExxonMobil at the Stabroek Block, is required before a determination can...
Exploration

Unlocking potential of Suriname’s 30 billion boe could be transformational – Legal Advisor

OilNOW -
The most striking news to emerge from Suriname’s recently concluded Energy, Oil and Gas Summit (SEOGS) 2022 was uttered by the Vice President of Offshore at Staatsolie, Glenn Corrie – that 30 billion barrels of oil equivalent awaits discovery in the South American nation’s...
News

Saudis say OPEC+ is effective, as Biden leaves region without oil deal

OilNOW -
(S&P Global Platts) Saudi officials said on July 16 that the country's oil production policies are implemented within the OPEC+ group as US President Joe Biden ended his four-day trip to the Middle East without a pledge for higher...
News

Eight vessels cleared for landmark Port of Vreed-en-Hoop project

OilNOW -
NRG Holdings Inc. now has a total of eight vessels in operation in the Demerara River to support dredging activities for the massive Port of Vreed-en-Hoop project at the Plantation Best foreshore on the West Bank of Demerara. Port of...
News

Guyana forging ahead with capacity building for electric vehicle industry

OilNOW -
The Guyana Energy Agency (GEA) has taken steps to build the capacity to repair and maintain electric vehicles as the country continues to pursue low carbon development opportunities. To this end, the GEA hosted an Electric Vehicle Maintenance and...
Opinions

Splitting the climate change bill for consuming hydrocarbons

OilNOW -
By Dr. Lorraine Sobers - OilNOW A disproportionate fraction of the climate change bill is already being paid by developing countries. There is no correlation between where climate change hits hardest and the source of massive greenhouse gas emissions. It...
News

EIA lowers 2022 oil price outlook by more than $3/b

OilNOW -
(S&P Global Platts) Builds in global oil inventories seen for the first time in two years have helped to ease crude oil prices, the US Energy Information Administration said on July 12 as it lowered its 2022 oil price...
News

Tiling, related material being sought for Exxon’s new HQ in Guyana

OilNOW -
Nabi/KCL Oilfield Construction Services is looking for suppliers of tiling and related material for ExxonMobil’s new headquarters in Guyana. An Expression of Interest (EOI) has been published for the supply and installation of ceramic and porcelain tiling (walls and floors),...
News

Guyana is world-class leader in fast-tracking oil resources – T&T Energy Chamber Head

OilNOW -
The record pace at which Guyana is developing its oil and gas resources has been lauded by the President and Chief Executive Officer (CEO) of the Energy Chamber of Trinidad and Tobago, Dr. Dax Driver. And with the world’s...
News

Argentina positioning for global gas supplier role

OilNOW -
(S&P Global Platts) Argentina's natural gas producers are setting their sights on exporting supplies to the world market as a project gets underway to build a new pipeline that will allow them to boost production from the Vaca Muerta...
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Latest News

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SLB acquires ChampionX as it strengthens production and recovery capabilities

SLB has completed its acquisition of ChampionX Corporation, expanding its portfolio in the production and reservoir recovery space.  In its...

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.

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