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Large reserves, stable legal framework crucial to oil investments – energy expert

OilNOW -
Countries with large oil and gas reserves and a stable legal environment are best positioned to benefit from major investments. Sheky Espejo, a contributor at S&P Global Platts, said in a recent podcast that companies operating in Latin America...
News

American Airlines is first U.S. carrier to offer nonstop flights to Suriname

OilNOW -
American Airlines has become the first and only U.S. carrier to offer nonstop service to Suriname, connecting its Miami hub with Johan Adolf Pengel International Airport (PBM) five times per week with an Airbus A319. “In 2021 we have continued...
News

Guyana says it will not be used ‘as an altar of sacrifice’ in Venezuela political discord

OilNOW -
Guyana says it will not be used ‘as an altar of sacrifice’ to settle Venezuela internal discord The Government of Guyana on Wednesday firmly rejected the recent move by the Venezuelan government and political opposition to ratify what Venezuela described...
News

Multi-billion-dollar Vreed-en-Hoop port facility gets greenlight from EPA

OilNOW -
The multi-billion Guyana dollar ‘Port of Vreed-en-Hoop’ facility that will feature a major shore base at Foreshore, Plantation Best on the West Bank of Demerara has been given the greenlight by the Environmental Protection Agency (EPA). The project will see an...
News

EPA uses meticulous screening process to determine if projects require EIA – Executive Director

OilNOW -
Head of Guyana's Environmental Protection Agency (EPA), Kemraj Parsram says the regulatory body has a meticulous screening process in place which allows for the accurate determination of when certain projects would require an Environmental Impact Assessment (EIA). Parsram’s comments came...
News

Venezuela gov’t & opposition unite around claims over Guyana’s territory at Mexico talks

OilNOW -
The Venezuelan government and its political opposition found limited areas of agreement during a second round of negotiations in Mexico aimed at achieving broad U.S. sanctions relief. But the two sides did reach consensus on a territorial claim with...
News

ExxonMobil to certify natural gas, help customers meet environmental goals

OilNOW -
ExxonMobil has signed an agreement with an independent validator, non-profit MiQ, to begin the certification process for natural gas produced at its Permian Basin facilities at Poker Lake, New Mexico. Certified natural gas validates emissions reduction efforts and helps...
Exploration

Exxon targeting 2022 start-up for major 12-well campaign at Canje Block

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. (EEPGL) has submitted a Project Summary to the Environmental Protection Agency (EPA) in Guyana for its 12-well exploration and appraisal campaign on the 26,806 km2 Canje Block. Pending approval, drilling operations...
News

Guyana has sold over 7 million barrels of oil since production started

OilNOW -
On July 3, 2021, the Guyana government sold its 7th oil cargo when just over 1 million barrels of crude were lifted from the Liza Destiny FPSO. Since production began on December 20, 2019, the government has marketed 7.056...
News

EPA developing policy to govern use of dispersants during oil spill

OilNOW -
Head of Guyana’s Environmental Protection Agency (EPA), Kemraj Parsram has disclosed that efforts are afoot to draft an overarching policy on the use of dispersants in the oil sector. Dispersants are chemicals that are sprayed on a surface oil slick...
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Stories Beyond the BarrelShikema Dey -

Zero experience, full determination: Dakarai Griffith’s journey

The world of machinery, hydraulics, and offshore operations wasn’t part of Dakarai Griffith’s plan. His early days were spent...

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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