Featured

Featured posts

News

Aker BP plans early startup at Norway’s Aerfugl gas field

OilNOW -
(Reuters) - Oil and gas firm Aker BP will accelerate the startup of production from Norway’s Aerfugl natural gas field, the company said on Monday. In a surprise move, the company now plans to start Aerfugl production in the first...
Exploration

Iran says oil field found with more than 50 billion barrels

OilNOW -
(Associated Press) Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country's proven reserves by a third as it...
Opinions

Spending limits, stabalisation and endowment funds for Guyana’s petroleum revenues

Bobby Gossai, Jr. -
An oil account can serve a number of purposes. It could be a mechanism for monitoring oil financial flows, a stabilisation fund to take account of fluctuating oil prices, or a savings device to establish a permanent fund to...
News

No new oil blocks to be awarded in Guyana at least for another year

OilNOW -
South America’s newest oil and gas hotspot, Guyana, may not award any new oil blocks for at least another year as the country’s Department of Energy (DE) moves to put a number of measures in place which includes enhancement...
News

Oil industry needs to provide climate campaigners with hard economic facts – S&P Global

OilNOW -
Oil production is driven by demand – in large part from people and economies in the developing world. US-based S&P Global said in an October 31 report that instead of running away when confronted by climate change activists, it...
Exploration

Energy Department sees potential for 5th drillship operating at Stabroek block

OilNOW -
Director of Guyana’s Department of Energy, Dr. Mark Bynoe, says potential exist for a 5th drillship to be operating at the 6.6 million acres Stabroek Block where US oil major ExxonMobil has made a record 14 oil discoveries since...
News

Guyanese women looking to take up leadership roles in oil and gas

OilNOW -
A group of women in Guyana is intent on forging a pathway that leads to playing a major role in the South American country’s emerging oil and gas industry, and they are pulling out all the stops. "We want to...
News

Hundreds flock to oil and gas job fair in Guyana as industry preps for take off

OilNOW -
Hundreds of Guyanese flocked to a job fair on Thursday organized by El Dorado Offshore (EDO), one of the companies in the South American country providing human resource services to the emerging oil and gas industry. The event, the second...
News

SBM Offshore secures contracts for 3rd Guyana FPSO

OilNOW -
SBM Offshore said on Thursday ExxonMobil Guyana has awarded the Company contracts to perform Front End Engineering and Design (FEED) for the Floating Production, Storage and Offloading vessel (FPSO) for the Payara development project located in the Stabroek block...
News

ExxonMobil is no ‘bad guy’ – Guyana set to get half the profits – Persaud

OilNOW -
The Production Sharing Agreement (PSA) between the South American country of Guyana and ExxonMobil will see the government earning half the revenue from profit oil and 2 percent royalty, which is applicable from day one of production, now set...
1...809810811...1,023Page 810 of 1,023

Latest News

Stories Beyond the BarrelShikema Dey -

From chemistry to cargo: How Natina Singh became ExxonMobil Guyana’s first Operations and Logistics Superintendent

When Natina Singh began her academic journey in chemistry, she never imagined she would one day be managing logistics...

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