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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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Ghana former oil executive to deliver public lecture in Guyana

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Theophilus Nyamko Ahwireng, former Chief Executive Officer of the National Petroleum Commission of Ghana will deliver a public lecture in Georgetown, Guyana on Monday, October 23. The lecture, titled "The National Petroleum Commission, resource management, governance and sustainable development of...
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Oil spill in TT possibly came from passing ship – Ramnarine

OilNOW -
Trinidad and Tobago's former Minister of Energy and Energy Affairs, Kevin Ramnarine, believes that an oil spill which began spreading over the past week in the Twin Island Republic may be the result of a passing ship. In an invited...
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Exxon begins production of 650,000 tons-per-year polyethylene lines

OilNOW -
ExxonMobil Chemical Company announced Tuesday that it has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The full project, part of the company’s multi-billion dollar expansion project in...
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Exxon to relinquish 9% of Stabroek Block acreage

ExxonMobil will relinquish at least 9% of the vast Stabroek Block in Guyana as required by its petroleum agreement,...

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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