Featured

Featured posts

Opinions

The fear of Dutch Disease from Guyana’s petroleum development

Bobby Gossai, Jr. -
One of the possible harms of an oil export boom is that the rise in oil earnings leads to increased public and private spending, which in turn leads to a sharp appreciation of the real exchange rate, and then...
News

Seven Bourbon Rhode crew members still missing

OilNOW -
Search operations carried out since September 26 by the CROSS French West Indies-Guyana and the French Navy have resulted in the rescue of three survivors of the Bourbon Rhode shipwreck, as well as the recovery of four bodies. Bourbon...
News

Hess $275M deal to help fund Stabroek investment

OilNOW -
Hess will receive approximately $275 million in cash and approximately 115 million newly issued units in Hess Midstream Partners LP (NYSE: HESM) as part of a proposed transaction announced on Friday by HESM. Hess said cash proceeds from the transaction will help to fund its project...
News

Over 75% of BIT graduates capture jobs in Guyana’s emerging O&G industry

OilNOW -
The Board of Industrial Training (BIT), which administers and delivers technical and vocational educational training in Guyana, says it will continue to tailor its programmes to keep in line with the transformative changes that are taking place in the...
News

Apache spuds Suriname wildcat

OilNOW -
US independent Apache has spud a wildcat on Suriname’s Block 58, probing a prospect considered to be closely on-trend with one of 14 discoveries made by US oil major ExxonMobil in neighbouring Guyana. According to an October 4 report from...
News

BP CEO ends 40-year career with company

OilNOW -
The Board of BP announced Friday that, after a 40-year career with BP and over nine years as group chief executive, Bob Dudley, 64, has decided to step down as group chief executive and from the BP Board following delivery of the...
News

Compliance, systems and certification essential for partnerships in oil industry – GO-Invest Chairperson

OilNOW -
As many local companies aspire to play a role in Guyana’s emerging petroleum industry, whether as a supplier or a partner in development, it is important to adhere to tax and labour laws, statutory obligations and industry regulations. This...
News

PPP in favour of ‘targeted cash transfers’ from oil revenue

OilNOW -
Guyana’s Opposition Leader, Bharrat Jagdeo said on Thursday that the People’s Progressive Party Civic (PPP/C) is in favour of targeted cash payouts to Guyanese from revenue the country is set to earn from oil production. Mr. Jagdeo however cautioned...
News

Three days in Venezuela’s oil belt show the price of pillage

OilNOW -
As the mainstay industry withers, thieves take equipment, materials and the liquid itself (Bloomberg) The men step out of the van and act fast. As one stands guard, the others approach an oil pump and remove filler plugs. They drain...
News

Guyanese workforce, suppliers increasing as first oil approaches

OilNOW -
With close to 30 billion dollars spent in Guyana on the procurement of goods and services since 2015, ExxonMobil says it has a tripartite approach to local content and sees its application as one that benefits both the company...
1...781782783...985Page 782 of 985

Latest News

NewsOilNOW -

Patrick Brunings nominated to lead new Oil and Gas Ministry

PARAMARIBO, SURINAME - Suriname’s incoming coalition government has nearly finalized its Cabinet ahead of the July 16 inauguration, with...

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