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Guyana’s President stresses environmental care in meeting with Hess CEO

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The overarching concern for protection of Guyana’s environment was raised by the country’s President, David Granger, during a meeting on Wednesday with CEO of Hess Corporation, John Hess, and other officials. The meeting was held at State House, in...
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Discussions on Guyana’s emerging oil & gas industry taken to Berbice

OilNOW -
Several dozen people attended a discussion on Guyana's emerging oil and gas industry on Wednesday afternoon in East Berbice, Region 6. This is the same geographic area the Guyana government has signaled plans to have an Onshore Supply Base established,...
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Oil spikes as US inventories tumble

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West Texas Intermediate crude oil traded up 1.6% at $46.94 a barrel after weekly US Energy Information Administration inventory data showed a bigger drawdown than expected. US inventories fell by 5.25 million barrels during the week ended May 5. Economists were anticipating a...
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British investors signal interest in Guyana oil and gas sector

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During a recent state visit by Guyanese officials to the United Kingdom, British investors signalled their intention to invest in Guyana’s oil and gas sector. Late April, First Vice President and Minister of Foreign Affairs, Carl Greenidge accompanied Guyana's...
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Guyanese can register business interest with ExxonMobil online

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Guyanese business operators looking to provide services in the oil and gas supply chain are being urged to register their interest via an online portal open to the public. Esso Exploration and Production Guyana Limited (EEPGL) has established a supplier...
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Guyana remains cautious against falling oil prices, expectations

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As excitement among Guyanese continue to rise about the prospect of the country becoming a major oil producer, the government is encouraging an atmosphere of cautious optimism in face of falling oil prices and global oversupply of the commodities...
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Exxon awards EPCI contract to Saipem for Liza development

OilNOW -
ExxonMobil has awarded a new Engineering, Procuring, Construction and Installation (EPCI) contract to Saipem for the Subsea Umbilicals Risers Flowlines (SURF) package of the proposed Liza project that Esso Exploration and Production Guyana Limited is operating together with joint...
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Venezuela braces for possible U.S. oil sanctions

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(Bloomberg) -- Venezuela would be hit from two directions if the U.S. were ever to impose oil-related sanctions against the South American nation where at least 30 have died in anti-government protests in the past month. American drivers may...
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BREAKING: Guyana appoints Deputy Director for new Petroleum Department

OilNOW -
Guyana’s Ministry of Natural Resources; the agency responsible for the country’s extractive sector, has commenced filling vacancies for the Petroleum Department within the Ministry, with the appointment of a Deputy Director in the person of Mr. Nicholas Chuck-A-Sang. OilNOW learnt...
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Guyanese legislators to consider Commission to collect oil revenues

OilNOW -
Guyana today moved one step closer to tightening its legislative regime governing the oil and gas sector, when Minister of Natural Resources, Raphael Trotman, presented to the National Assembly, the Petroleum Commission of Guyana Bill 2017–to provide for the...
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CNOOC’s record production in Guyana boosts strong Q3 results

CNOOC Limited announced its highest-ever net production and net profit for the third quarter of 2024, crediting increased output...

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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