Featured

Featured posts

News

First batch of TOTALTEC oilfield operator trainees to graduate this month

OilNOW -
The TOTALTEC Academy will have its inaugural graduation ceremony during the week of May 28, 2018 to recognize and congratulate the 20 or so pioneering graduates and to welcome and inspire the new recruits for the next scheduled Oilfield Operator Training...
News

‘Governance framework’ to ensure local content compliance

OilNOW -
Guyana’s second draft Local Content Policy Framework outlines the requirement of a ‘governance framework’ to ensure compliance by stakeholders in the oil and gas industry. The country’s Ministry of Natural Resources released the second draft Local Content Policy Framework on...
News

Analysis: Malaysia regime change heralds risks for Southeast Asian oil and gas

OilNOW -
(Platts) The surprise outcome of Malaysia's historic 2018 elections has elevated risks for the oil and gas sector in Southeast Asia, stemming from the winning coalition's stance on fuel subsidies, its position on Chinese business investment and potential interference...
News

Anapai among ‘high profile’ wells being drilled in 2018 – WoodMac

OilNOW -
Industry analyst Wood Mackenzie has compiled a list of the ‘highest profile’ wells being drilled in 2018 based on data received from more than 200 senior energy leaders and professionals. In its new ‘The Future of Exploration Survey 2018’ report,...
News

PCJ looks to next phase of oil exploration as first 3D seismic survey is completed in Jamaica

OilNOW -
(The Gleaner) The Petroleum Corporation of Jamaica (PCJ) is hoping that the post survey data analysis of the first 3D seismic survey of Jamaica's offshore in the exploration for oil and gas will be encouraging enough to move the...
News

ON Energy PSA: 53% profit oil, 1% royalty for Guyana

OilNOW -
The Production Sharing Agreement (PSA) between the Government of Guyana and ON Energy, signed on February 12, 2013, outlines a 53% share of profit oil for the South American country and 1% royalty, payable by the company. Recoverable contract...
News

Guyana contracts American firm to review ExxonMobil application for giant Liza Phase 2 development

OilNOW -
The Environmental Protection Agency (EPA) has hired an American company; Rampal US Corporation to assess and certify an Environmental Impact Assessment (EIA) study for the ExxonMobil Liza phase II development. This was confirmed on Friday by Guyanese Minister of State,...
News

Guyanese officials to visit Mexico in ‘technical exchange’ mission on petroleum

OilNOW -
Four officials from Guyana’s Ministry of Natural Resources (MNR) will soon be visiting Mexico as part of a ‘technical exchange’ exercise with the Mexican Institute of Petroleum (IMP). The South American country’s Natural Resources Minister, Raphael Trotman met with the...
News

IMF gives Guyana thumbs up on fiscal prep for oil

OilNOW -
The International Monetary Fund (IMF) on Wednesday said it welcomed the progress being made in Guyana on establishing a comprehensive fiscal framework for managing oil wealth while forecasting a turnaround in the South American country’s economic outlook when revenues...
News

Oil prices hit highest in years as markets adjust to looming sanctions on Iran

OilNOW -
(Reuters) - Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market. The United States plans to impose new sanctions against...
1...941942943...1,026Page 942 of 1,026

Latest News

NewsOilNOW -

Payara still leads ExxonMobil’s record-breaking ramp-up offshore Guyana

ExxonMobil’s Payara project continues to hold the record for the fastest production ramp-up among all oil developments in Guyana’s...

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