Featured

Featured posts

News

Azerbaijan willing to assist Guyana with training, capacity building for oil & gas

OilNOW -
Guyana and Azerbaijan are looking to build stronger relations and it is hoped that this partnership would allow for mutually beneficial outcomes, and support for the effective management of Guyana’s oil and gas sector. Last week, the Ambassador of the Republic of...
Featured

Natural gas fuels manufacturing booms, creates jobs and increases GDP

OilNOW -
The natural gas industry is a major contributor to the GDP of many countries. It is by nature large-scale, employing thousands, generating millions of dollars in associated revenues and tax income, as natural gas has to be extracted from...
News

University of Guyana looking to boost capacity for training in oil & gas

OilNOW -
The University of Guyana is looking to build its capabilities in the emerging oil and gas sector through partnerships with other educational institutions in the region and even further afield. This was disclosed by Vice Chancellor of the University of Guyana,...
Opinions

Guyanese urge Gov’t, Opposition to join forces for a national plan on oil & gas

OilNOW -
As Guyana gears up for first oil in 2020, civil society, private sector groups and members of the public have been echoing the need for a clear-cut plan on how oil revenue will be spent in the South American...
News

Oil’s stint above $50 ends

OilNOW -
(Bloomberg) Was $50 a barrel for oil just a passing fancy? West Texas Intermediate, the U.S. benchmark, skyrocketed above $52 a barrel at the end of September, teasing investors. But the rally didn’t last long. After hedge funds sliced their...
News

Statoil enters solar industry with 40% share in 162MW asset in Brazil

OilNOW -
Statoil has signed an agreement to acquire a 40% share in the construction ready 162MW Apodi solar asset in Brazil from Scatec Solar, a Norwegian independent solar power producer. The project will provide approximately 160,000 households with electricity. Statoil...
Discoveries

Further drilling will determine size of Turbot discovery – ExxonMobil

OilNOW -
US super-major ExxonMobil will move to drill a second well on the Turbot discovery next year which will help to determine the volume of oil contained in the reservoir. “We are planning to do an additional well on the Turbot...
News

Government officers to benefit from oil spill response training

OilNOW -
A number of Government of Guyana Ministries and agencies’ staff are expected to be part of a three-day oil spill management workshop to be held at the Pegasus Hotel and at Splashmin’s Resort during the latter half of October. The...
Discoveries

Guyana gives ExxonMobil thumbs-up for new discovery

OilNOW -
Guyana’s Ministry of Natural Resources said in a statement on Thursday evening that it joins the country’s President, David Granger, and the Guyanese people, in congratulating ExxonMobil and its joint-venture partners Hess and CNOOC Nexen for their latest discovery...
Discoveries

Exxon makes 5th oil discovery offshore Guyana

OilNOW -
Exxon Mobil Corporation (NYSE:XOM) announced on Thursday it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. Turbot is ExxonMobil’s latest discovery to date in the country, adding to previous discoveries at Liza, Payara, Snoek and...
1...879880881...913Page 880 of 913

Latest News

NewsOilNOW -

ExxonMobil sees 60% year-on-year production boost in Guyana

ExxonMobil’s Chief Financial Officer, Kathy Mikells reported a 60% year-on-year increase in crude oil production offshore Guyana, during the...

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