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Finance Minister vows ‘no massive expenditure’ to be incurred in anticipation of oil revenue

OilNOW -
This is the view of Minister of Finance, Winston Jordan, as he was at the time responding to the Guyana Election Commission (GECOM)’s request for additional monies to aid in the hosting of Local Government Elections, which is set...
Opinions

Letter-to-the-Editor: Times article an insult to Guyanese; SWF not in limbo

OilNOW -
Dear Editor, We note with disappointment the article in the New York Times by Clifford Krauss entitled “The $20 Billion Question.” We do not wish to address the laughably simplistic and selective description of our country as a land where...
News

ExxonMobil says it did not pay for NYT reporter’s visit to Guyana

OilNOW -
In the aftermath of fallout from a New York Times (NYT) article on Guyana’s preparation for oil, ExxonMobil Guyana in a statement issued today said that it did not pay for the reporter to travel to the South American...
News

‘Corruption is a tax on citizens’ says Chamber President

OilNOW -
During the Georgetown Chamber of Commerce and Industry’s (GCCI) inaugural Business Development Forum on Friday, July 20, Guyanese businesses were urged to position themselves to benefit from the Oil and Gas (O&G) value chain. Addressing the opening ceremony at the...
News

T&T’s NGC signs energy agreement with Grenada’s CPG

OilNOW -
The National Gas Company (NGC) of Trinidad & Tobago has finalised a commercial agreement with the Global Petroleum Group (GPG) operating in Grenada, according to an article in the OECS Business Focus. The agreement is said to mark a major...
News

Fmr US President’s intervention led to O&G discussions between Guyanese President and Opposition Leader

OilNOW -
Former President of the United States James Earl Carter, commonly referred to as Jimmy Carter has contacted the Guyanese Head of State David Granger and Leader of the Opposition Bharrat Jagdeo in relation to matters regarding the emerging Oil...
News

Guyanese companies making progress in preparation for first oil – CLBD Director

OilNOW -
Guyanese businesses have improved their systems and are successfully joining the supply chain for the South American nation’s emerging petroleum industry. So says Project Director of ExxonMobil Guyana's Center for Local Business Development (CLBD) Patrick Henry who disclosed that over...
News

Brazil to aid Guyana in governance of O&G

OilNOW -
The Brazilian and Guyanese governments will be cooperating for the development of Guyana’s Oil and Gas (O&G) industry. In an exclusive interview with OilNOW on Thursday, July 19, Guyana’s Minister of Foreign Affairs Carl Greenidge revealed that his country’s southern...
News

Businesses urged to diversify with emergence of O&G

OilNOW -
Guyana is enjoying great prospects with its emerging Oil and Gas (O&G) industry and while businesses are excited to tap into the sector, they are being urged to diversify. This advice is coming from the Executive Director of Rhics Technology,...
News

Norway oil workers, employers reach deal to end strike

OilNOW -
Norwegian drilling rig workers will end their industrial action after the union representing 1600 striking employees reached a deal with the group acting for their employers, the parties said on Thursday, according to a report in Upstream. The strike began...
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Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation...

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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