Featured

Featured posts

News

16 Guyanese now equipped with culinary skills for offshore catering

OilNOW -
Sixteen Guyanese between the ages of 19 and 36 completed a three-day introductory program in Offshore Catering and Hospitality Techniques on Wednesday, facilitated by Carnegie School of Home Economics with support from manpower services provider, El Dorado Offshore (EDO). See...
News

OPEC predicts global oil demand will surpass 100 million bpd by 2040 requiring US$10.5 trillion in investments

OilNOW -
The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over the next two decades, despite the increasing importance of renewables. Released in an exclusive briefing to senior industry executives at...
News

Noble Group shares drop to lowest since 1999 after Co-CEO quits

OilNOW -
(Reuters) - Shares in Singapore-listed Noble Group on Tuesday tumbled as much as 12.7 percent to their lowest in nearly two decades, after Jeffrey Frase resigned as Co-Chief Executive Officer (CEO). The beleaguered commodity trader said on Monday that Frase...
News

Massive O&G outreach awareness exercise planned for 2018

OilNOW -
The Guyana government is looking to embark on a wide-ranging coast-to-coast oil and gas outreach awareness programme in 2018 that will also include visits to Guyanese living in the diaspora. Minister of Natural Resources, Raphael Trotman, during a recent interview...
News

Oil price hit a 28-month high

OilNOW -
Oil price hit a 28-month high last week due to expectations on the OPEC/non-OPEC output-cut agreement and concerns about the political tensions in Saudi Arabia. Last week, Brent Crude future for January 2018 delivery rose to $64.65 a barrel, or the highest since June 2015, while...
News

US leads world in oil and gas production, IEA says

OilNOW -
(BBC) International energy markets are set for "major upheaval" as the US cements its status as the world's largest oil and gas producer, while China overtakes it as the biggest oil consumer. The predictions come from the International Energy Agency's annual...
News

Trotman’s position on contract disclosure reflects will of President, Cabinet – MNR

OilNOW -
Guyana’s Ministry of Natural Resources (MNR) said on Tuesday the issue of contract disclosures continue to engage the attention of the country’s President and Cabinet, and government will move to publish the full details of all oil and gas...
News

Reduced ministerial powers possible for Petroleum Commission

OilNOW -
Guyana’s Minister of Natural Resources, Raphael Trotman, says efforts are being made to address the concerns of several stakeholders that the Petroleum Commission of Guyana Bill in its current form, bestows too much authority in the subject minister. In a...
News

O&G manpower provider farms into offshore catering

OilNOW -
Oil and gas manpower services provider El Dorado Offshore (EDO) is collaborating with the Carnegie School of Home Economics in Guyana, for the creation of a training programme in Offshore Catering and Hospitality. Sixteen candidates, between the ages of 19...
News

Exxon is drilling some extremely long shale oil wells

OilNOW -
(Bloomberg) Exxon Mobil Corp. is drilling shale wells that stretch farther than the length of New York’s Central Park. The world’s biggest oil explorer by market value recently finished four wells in North Dakota’s Bakken region that extend sideways for...
1...915916917...959Page 916 of 959

Latest News

NewsOilNOW -

Tariff threat puts new oil projects at risk – Wood Mackenzie analyst 

Dozens of new upstream oil and gas projects could be delayed if Trump-era tariffs are reintroduced, according to energy...

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