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Guyana must emulate Kuwait, Qatar not T&T and Venezuela – Bharrat

OilNOW -
The errors made by Trinidad and Tobago and Venezuela in the management of their hydrocarbon resources must be a warning to Guyana that if similar decisions are made, the failure of the economy is almost guaranteed. Guyana’s Minister of Natural...
News

Encouraged by Guyana discoveries, Staatsolie pushed to increase its participation in deepwater play

OilNOW -
Suriname, through its state oil company, Staatsolie, pushed to increase its participation in offshore exploration and production activities following a string of massive oil finds made by its CARICOM sister, Guyana, since 2015. This was noted by Staatsolie's Managing...
News

Oil edges up as U.S. production slowly returns after deep freeze

OilNOW -
(Reuters) Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised concerns about supply just as demand is coming back from the depths of the coronavirus pandemic. Brent crude was...
Opinions

Guyana must not allow critics, challenges to detract from broad potential benefits of gas pipeline

OilNOW -
By Joel Bhagwandin - OilNOW A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project Part 3 The purpose of this column series is to contribute to the national debate regarding the feasibility of the gas-to-shore project that the Government...
News

GLASS is latest Guyanese company to be ISO certified

OilNOW -
Guyana Logistics and Support Services Inc. (GLASS) has become the latest Guyanese company to achieve certification for ISO 9001:2015 International Standard. The adoption of a quality management system is a strategic decision for an organization that can help to improve its...
News

Axial vibration of rotor resulted in gas compressor issue – ExxonMobil

OilNOW -
ExxonMobil Guyana said in an operations update on Saturday that a detailed assessment has found that an axial vibration of the flash gas compressor rotor was the initiating event that led to the technical issue experienced on January 27...
News

Guyana growth trajectory set to add big barrels to global supply

OilNOW -
The International Energy Agency (IEA) has joined the US Energy Information Administration in lowering its estimates for oil supply recovery following the global pandemic that has destroyed demand and brought oil prices to their lowest in decades, last year. The...
News

ExxonMobil continues STEM education drive, supports programme for children with disabilities

OilNOW -
ExxonMobil Guyana continues to support the development of Science, Technology, Engineering and Mathematics (STEM) education in Guyana, as well as students’ access to learning, in these challenging times. The company recently supported a STEM Robotics training for children with...
Exploration

Guyana pushing big volumes in South America deepwater bonanza

OilNOW -
South America continues to be a major player in the global arena for deepwater discoveries, with Guyana pushing big volumes and massive potential finds remaining. According to Norway based Rystad Energy, the South America/Caribbean region was the clear winner...
News

Capacity development funding by oil companies not a cost to Guyana but an investment in the people – Gov’t

OilNOW -
Having recognised that Guyana is now building the human resource capacity to service the oil and gas industry; the government has laid out the expectation that oil and gas companies will place capacity building of Guyanese on the front...
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Latest News

NewsShikema Dey -

More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to...

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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