Featured

Featured posts

News

U.S. stands ready to support Guyana army in its efforts to eradicate criminal activity along border with Venezuela – Theriot

OilNOW -
U.S. Ambassador to Guyana, Nicole Theriot, has issued a strong call backing the Guyana Defence Force (GDF) and condemning the criminal elements allegedly tied to Venezuela’s sindicato gangs, who opened fire on GDF patrols along the Cuyuni River last...
Oil Law 101

The PAA Series: Management Themes (Part 5)

Joanna Simmons -
In Management Themes (Part 4), we completed our discussion on exploration and discovery.  Through the provisions of the Petroleum Activities Act 17 of 2023 (the ‘PAA’) we noted that a discovery can be (i) of no potential commercial interest...
News

Suriname prepares for pivotal 2025 elections amid economic hopes and political shifts

OilNOW -
Paramaribo – May 20, 2025: Suriname’s general elections, set for May 25, come at a critical juncture for the country. With offshore oil discoveries promising a potential economic windfall, the political stakes are higher than ever. Public expectations...
News

Gouveia Jr. elected Chair, Smith as first woman Vice Chair of Guyana Private Sector Commission

OilNOW -
Gerald Gouveia Jr. of Roraima Airways has been elected Chairman of Guyana’s Private Sector Commission (PSC), while Kathy Smith of the Georgetown Chamber of Commerce and Industry made history as the first woman elected to serve as Vice Chairman....
News

Gas discoveries poised to power 21st-century Guyana and regional growth – Exxon VP 

OilNOW -
Ever thought about what 21st-century Guyana would look like? Modern infrastructure, advanced technology, perhaps.  Whatever the vision, though, natural gas is expected to be at the center of it all, according to Senior Vice President for Deepwater at ExxonMobil Upstream...
News

ExxonMobil to establish multi-year offshore construction agreement for FPSO support

OilNOW -
ExxonMobil Guyana Limited (EMGL) plans to implement a multi-year enabling agreement for a suite of brownfield projects. The projects will primarily require offshore construction services, along with onshore fabrication and occasional onshore construction. According to EMGL, all work will be...
News

Topside fabrication advances for Jaguar FPSO; GranMorgu work to start in second half of 2025, SBM says

OilNOW -
Topside module fabrication for the Jaguar floating production, storage and offloading vessel (FPSO) is progressing as planned, SBM Offshore said on Thursday, while similar fabrication for the GranMorgu FPSO is expected to begin in the second half of 2025. Both...
News

Guyana continues to build investment bridges in the Caribbean as oil revenues drive regional integration

OilNOW -
As Guyana’s oil production continues to ramp up, so will development and investment opportunities for both local and international players in the business sector. This is according to Dr. Peter Ramsaroop, Chief Investment Officer and CEO of the Guyana...
News

President Santokhi launches oil royalty program for all citizens 

OilNOW -
Paramaribo – May 18, 2025: President Chandrikapersad Santokhi officially launched the ‘Royalty’s Voor Iedereen’ (RVI) program last week, marking a “historic step” in sharing Suriname’s future oil wealth directly with its people.  The program ensures that every Surinamese citizen born...
Guyana's Oil Ledger

Guyana got US$900 million from oil in first four months of 2025

Kemol King -
Guyana’s Natural Resource Fund (NRF) has received approximately US$901.6 million (GY$187.99 billion) in oil revenues for 2025 as of the end of April, Bank of Guyana reports show, reflecting continued robust inflows from the ExxonMobil-operated Stabroek Block. According to the...
1...456...973Page 5 of 973

Latest News

NewsOilNOW -

President signs Guyana’s Oil Spill Bill into law

Guyana’s President Irfaan Ali has enacted a comprehensive oil spill law which sets out a national framework for oil...

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