Featured

Featured posts

News

Oil accounted for 94% of extractives revenue in 2022 – EITI report

OilNOW -
Guyana’s Extractive Industries Transparency Initiative (EITI) report for the fiscal year 2022 noted that the counytry's extractive revenues totaled US$1.58 billion (approx. GY$331.52 billion). The oil and gas sector contributed the majority, accounting for $1.49 billion (GY$313.19 billion) or...
Opinions

Letter-to-the-Editor: Oil success contributing to sustainable financial future for Guyanese citizens

OilNOW -
Dear Editor, Having now entered the new year, Guyanese are both anxious and hopeful for their financial future. Since the country began producing oil in 2019, many of us have been at the edge of our seats waiting impatiently to...
News

Guyana says Venezuela’s plan for election in Essequibo breaches peace accord and World Court order

OilNOW -
The Guyana government said an apparent plan by Venezuela to host an election in the Essequibo region is a clear violation of the Argyle Agreement - an agreement the two countries signed in December 2023 to keep the peace.  On...
News

Guyana tops rankings in total oil discovered since 2015 – Rystad Energy

OilNOW -
Since 2015, Guyana has emerged as the global leader in oil discoveries, with unmatched volumes boosting its position in the energy sector, according to Rystad Energy. The Norway-based intelligence company ranked Guyana against 19 other countries. They estimate that Guyana’s...
News

Over 100 Guyanese part of Stena Drilling crew

OilNOW -
Stena Drilling continues to prioritize local talent in its offshore operations, with over 100 Guyanese now forming a key part of its crew complement.  Stena’s International Logistics Manager, Richard Wells shared this detail via a LinkedIn video update.  Stena DrillMAX en...
News

Trinidad Energy Minister Young to assume PM role as Rowley bows out

OilNOW -
Stuart Young, Minister of Energy and Energy Industries of Trinidad and Tobago, will be the country’s next Prime Minister. He is set to replace Dr. Keith Rowley, who said last week that he will resign from the post ahead...
News

Hammerhead field development plan anticipated this year – Exxon 

OilNOW -
Sometime this year, ExxonMobil Guyana is expected to submit the Field Development Plan (FPD) for its Hammerhead project - the 7th proposed development for the Stabroek Block.  President Alistair Routledge shared this during his recent appearance on the Energy Perspectives...
News

American Petroleum Institute criticizes Biden administration’s 11th-hour plan to ban new offshore oil and gas activity

OilNOW -
The American Petroleum Institute (API) has condemned reports that the Biden administration plans to ban new oil and natural gas activity across millions of acres of federal waters. API President and Chief Executive Officer Mike Sommers called the move...
News

Exxon had a ‘strong safety year in 2024’ – Routledge 

OilNOW -
ExxonMobil Guyana’s President, Alistair Routledge, has hailed 2024 as a year of exemplary safety performance for the company. “I'm happy to say we had a strong safety year in 2024, a platform that we expect to build on…So, first and...
News

More drilling activities planned for Ranger-1 – Exxon

OilNOW -
ExxonMobil is preparing to undertake more drilling activities at its Ranger-1 discovery in the Stabroek Block in 2025, according to Alistair Routledge, President of ExxonMobil Guyana, who shared insights during a recent episode of Energy Perspectives. The Ranger find,...
1...697071...995Page 70 of 995

Latest News

NewsOilNOW -

CGX down US$56.4 million; Executive Director Suresh Narine resigns

CGX Energy Inc. has reported a US$56.4 million impairment loss on its Corentyne Block assets for the second quarter...

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