Featured

Featured posts

News

Guyana oil fund increases by $4.4 billion in April from interest, royalty payments

OilNOW -
Guyana’s Natural Resource Fund (NRF) balance increased by GY$4,427,198,000 in April, according to a report from the Central Bank of Guyana. GY$4,390,903,000 (approximately US$21,059,487) in royalties were paid by Stabroek Block co-venturers in the month of April, and deposited into...
News

Consultations underway on environmental study for Exxon’s fifth Guyana development

OilNOW -
The Environmental Protection Agency (EPA) has instructed ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) to submit an Environmental Impact Assessment (EIA) for its next mammoth-sized oil project at the Stabroek block’s Uaru field. The regulatory body noted that...
News

NOC, Hydrocarbon Institute could make Guyana a more relevant player in oil supply chain – Surinamese Economist

OilNOW -
Should Guyana pursue the establishment of a National Oil Company (NOC), it would certainly serve as a catalyst for making it a more relevant and stronger player in the global oil supply chain, says Steven Debipersad an economist and...
News

Be vigilant in reporting when local suppliers are overlooked for foreigners – PSC official

OilNOW -
Months after the passing of Guyana’s landmark Local Content Act, Chairman of the Building and Infrastructure sub-Committee of the Private Sector Commission (PSC), Edward Boyer is urging businesses to report promptly, cases in which capable Guyanese are overlooked for foreigners in...
News

Update: Hull for Guyana’s largest approved oil project delivered

OilNOW -
SBM Offshore said in a first quarter trading update that the hull for the ‘ONE GUYANA’ floating production, storage, and offloading (FPSO) vessel has already been delivered. ‘One Guyana’ will deliver biggest daily production for new oil nation It is a...
News

Trinidad’s signature energy conference returns on May 31

OilNOW -
Trinidad and Tobago’s premier energy event – the Trinidad and Tobago Energy Conference & Trade Show 2022 is set to return on May 31. The conference will be held at the Hyatt Regency Hotel and will end on June 2. It is being held under the...
News

Guyana could earn over US$130 billion in the next 20 years, says Rystad Energy

OilNOW -
As commercial discoveries continue to increase offshore Guyana, more projects will come online, generating an unprecedented inflow of revenue to the new oil producing South American country, which Norway-based Rystad Energy said could top US$130 billion. “If all discoveries were...
News

Trinidad in state it is today because it neglected traditional sectors for oil and gas – Bharrat

OilNOW -
Guyana’s Minister of Natural Resources, Vickram Bharrat remains adamant that though there is widespread excitement about the rapid growth of oil and gas development in the country, Guyana will not allow itself to fall prey to the Dutch Disease...
News

US$40M pipe coating facility aims to support deepwater operations, gas-to-energy project

OilNOW -
A US$40 million deepwater pipe coating facility was launched during a ceremony at the Guyana Marriott Hotel in Kingston, Georgetown on Wednesday evening, by Pipe Coating Guyana (PCG) Inc. The ceremony marks the operationalisation of a state-of-the-art facility purposed...
News

Guyana gas potential could be as lucrative as oil; draft master plan in play – VP

OilNOW -
Guyana’s gas reserve is currently estimated to be 16 trillion cubic feet (Tcf). It surpasses Trinidad and Tobago’s 11 trillion cubic feet (Tcf) which ranks 36th in the world. Given the significance of the gas discovered so far and the government’s...
1...427428429...993Page 428 of 993

Latest News

NewsOilNOW -

Interest earned by Guyana oil fund in just three months could build an entire state-of-the-art hospital

Guyana earned US$34.8 million (GY$7.3 billion) in interest from its oil fund in the second quarter of 2025, more...

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