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Private sector group wants to study model used by Pedro Haas in his refinery analysis

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A key private sector body in Guyana has asked the minister responsible for natural resources, Raphael Trotman, to provide it with the model used by consultant, Pedro Haas, which led him to conclude that setting up a refinery in...
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Maritime border dispute delaying Tullow oil drilling operations in Ghana

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Tullow Oil says plans are underway to resume drilling next year to boost output at its Tweneboa, Enyenra, Ntomme (TEN) field once the maritime dispute between Ghana and The Cote d’Ivoire is resolved. Mr Charles Darku, the Tullow Ghana Managing...
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More persons named for Guyana’s Petroleum Department

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Following public advertising of vacancies for the new Petroleum Department in Guyana, the Country's natural resources ministry has commenced the process of hiring for the newly established division. The ministry confirmed that Mr Nicholas A. Chuck-A-Sang, a Petroleum Engineer and...
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Gov’t to meet with persons who submitted proposals to build oil refinery in Guyana – Trotman

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Even as one expert has concluded that building a 100,000 bpd capacity refinery in Guyana would not be economically feasible, the government says it is still open to examining other options and will meet with persons who have submitted...
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Setting up oil refinery in Guyana not feasible – Haas

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Setting up an oil refinery in Guyana will not be economically viable based on a detailed study carried out to look into the matter. Pedro Haas, Director of Advisory Services at Hartree Partners, made the disclosure today at a public...
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Advisor on oil refinery arrives in Guyana to present findings

OilNOW -
Pedro Haas, Director of Advisory Services at Hartree Partners, arrived in Guyana early this morning on Caribbean Airlines Flight 527. Mr. Hass touched down at the Cheddie Jagan International Airport (CJIA) at 6:40hrs, ahead of a scheduled 7:05hrs landing. All...
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Shell reports more than 300% increase in earnings for 1st quarter

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Shell has posted a more than 300 per cent rise in profits for the first quarter of the year, beating analysts' forecasts, helped by a sharp recovery in oil prices. Europe’s largest oil company said that based on a current...
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TechnipFMC opens new facility in Texas

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TechnipFMC has opened a new facility in Odessa, Texas which will bring together its surface product and service lines in one consolidated complex so that the company can better support the Surface Americas’ integrated pad offering to clients. The facility...
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Surge in oil-related investments expected in Guyana this year

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Investment in oil-related activities and business ventures in Guyana is expected to surge in 2017 as offshore operators and other players in the industry ramp up preparations for first oil production in the South American country. Already, a number of...
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Tullow Oil director appointed to Providence board

OilNOW -
Irish oil and gas exploration company Providence Resources has appointed a new non-executive director to its board of directors with effect from June 1, 2017. Providence said on Monday that the exploration director and main board director of Tullow Oil,...
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Guyana may enter long-term oil supply deals if there is market oversupply – VP

Guyana's Vice President, Bharrat Jagdeo, said the government may enter a long-term oil supply deal if there is oversupply...

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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