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Guyana to consider Chevron’s quest for offshore acreage

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Guyana’s Minister of Natural Resources, Raphael Trotman, says he is excited by the interest being shown by foreign companies looking to tap into the prospects of the country’s oil and gas sector. He made specific mention of US supermajor, Chevron,...
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Hess exiting Norway and Denmark

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Hess Corporation (NYSE: HES) announced on Monday several additional steps in what the company says is the continued execution of its strategic plan to further focus its portfolio and allocate capital to higher return assets: An agreement to sell its...
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African oil expert delivers presentation to packed audience in Georgetown

OilNOW -
Theophilus Nyamko Ahwireng, former Chief Executive Officer of the National Petroleum Commission of Ghana delivered a well-received presentation on resource management, governance and sustainable development of the oil and gas sector to a packed audience in Georgetown, Guyana, on Monday. The...
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Business group staging public discussions on O&G across Guyana

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A key group representing the business community across Guyana will be staging a series of public discussions on oil & gas, beginning today. The Georgetown Chamber of Commerce and Industry (GCCI) will be spearheading a series of public lectures and...
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US clout in world oil market grows as exports increase

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(CNBC) For two separate weeks recently, the U.S. exported as much oil onto the world market each day as was being pumped in either Nigeria or Venezuela and by several other OPEC countries together. Those roughly 1.9 million barrels a...
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Guyana Stock Exchange head wants foreign companies to sell shares on local market

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While the law does not stipulate that foreign companies should make shares available on the Guyana Stock Exchange, General Manager of the entity, George Edwards, said this is an area that the country's Government should give consideration to. In an...
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EPA moving into high gear for oil & gas preparation

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The Environmental Protection Agency (EPA) in Guyana will host a one day retreat on October 30 to examine extensively its processes for dealing with the oil and gas industry and its likely implications for the environment. This was disclosed by the country’s...
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Exxon acquires 100,000 bpd crude oil terminal

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ExxonMobil said on Wednesday it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware Basin, part of the Permian Basin – one of the most prolific...
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Oil spill response plan a top priority of Guyana government – Minister of State

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The need to craft an oil spill contingency plan is among the top priorities of authorities in Guyana, and the government has already begun to put structures in place to deal with such eventualities when production begins in 2020. This...
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Oil Spill: Ambassador urges Guyana to hope for the best, plan for the worst

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US Ambassador to Guyana, Perry Holloway, said it is important for the South American country to hope for the best, but plan for the worse as it relates to an oil spill, when production gets underway in 2020. His comments...
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Ministry of Labour conducts OSH inspection on Liza Unity FPSO

Guyana’s Ministry of Labour's Occupational Safety and Health (OSH) Department conducted a detailed inspection aboard the Liza Unity floating,...

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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