Featured

Featured posts

News

Guyana government still not ready to tap into over GY$53 billion received in oil revenue

OilNOW -
Guyana’s Minister of Natural Resources Vickram Bharrat has reaffirmed that the government will not yet touch the money that has been deposited into the Natural Resources Fund from the sale of Guyana’s oil until that fund has been reconfigured...
News

Brent oil hits two-year high

OilNOW -
(Reuters) Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the U.S. secretary of state said sanctions against Tehran were unlikely to be...
News

Guyana looking to implement procurement, local content audits for oil and gas operations

OilNOW -
To ensure all stakeholders are holding up their end of the bargain to make maximum use of local goods, skills and services in their operations, the President of Guyana, Dr. Mohamed Irfaan Ali, says government will be moving to...
News

Eureka Atlantic Offshore Medical Services is now top provider of COVID-19 testing in oil industry

OilNOW -
Since its establishment in 2017, Eureka Atlantic Offshore Medical Services (EAOMS) is proving on a daily basis, that partnerships between local and foreign companies can be highly successful in penetrating the supply chain for Guyana’s oil industry. It has...
News

Urgent changes needed to fiscal regime if T&T is to attract investment – Task Force

OilNOW -
On the first day of the Trinidad & Tobago Energy Conference 2021, Peter Inglefield, Chair of the Energy Chamber’s Task Force on Fiscal Reform outlined the need for changes to Trinidad & Tobago’s fiscal regime, if the industry is...
News

Guyana looking to establish beneficial ownership register

OilNOW -
Guyana’s Minister of Natural Resources, Vickram Bharrat has revealed that the Government is moving to create a beneficial ownership register. This was disclosed during his address to Guyana Extractive Industry Transparency Week (GYEITW) on Monday. Mr. Bharrat told the virtual...
News

Ali calls on Guyanese investors to position themselves for opportunities in Suriname’s oil boom

OilNOW -
While it is crucial for local investors to position themselves to benefit from the opportunities that lie in Guyana’s booming oil sector, they should also take caution in not having tunnel vision. According to President Irfaan Ali, Guyanese investors...
News

T&T looking to play leading role in regional clean energy transition – Rowley

OilNOW -
Trinidad and Tobago is looking to play a leading role in the Caribbean region as more governments look towards cleaner and renewable energy sources. The country is also adamant that it must develop its hydrocarbon resources with alacrity so...
Exploration

Exxon resumes exploration drilling at Canje Block, Repsol kicks off survey at Kanuku

OilNOW -
Exploration drilling in the Canje Block offshore Guyana continues at the Jabillo-1 prospect located approximately 261 kilometers offshore. The Stena Carron had initiated drilling operations at Jabillo-1 on March 14 as part of a three-well campaign planned this year on...
News

Guyana must balance extraction of natural resources with protection of environment – Bharrat

OilNOW -
On World Environment Day, Minister of Natural Resources, Vickram Bharrat stressed the importance of Guyana balancing the extraction of its natural resources with the protection of the environment. The need for this approach was iterated by Mr. Bharrat at a...
1...553554555...983Page 554 of 983

Latest News

NewsOilNOW -

Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...

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