Featured

Featured posts

News

Noble Energy divesting Gulf of Mexico assets for $710 million

OilNOW -
Noble Energy, Inc. (NYSE: NBL) announced on Thursday that a $750 million share repurchase program has been authorized by its Board.  In addition, the Company has executed an agreement to sell its deepwater Gulf of Mexico assets to Fieldwood Energy LLC ("Fieldwood") for a total value of $710...
News

Guyana must avoid borrowing on projected oil revenue – Fmr T&T Energy Minister

OilNOW -
Former Minister of Energy and Energy Affairs in Trinidad and Tobago, Kevin Ramnarine, believes Guyana would do well to guard against any borrowing on its projected income from oil since these revenues are merely estimates, being made in an...
News

GTT CEO tells investors Guyana is the place to do business

OilNOW -
Guyana’s push for improved telecommunications infrastructure and e-governance connectivity along with its secure geopolitical environment and stable currency rate make it an ideal investment destination. This is according to Justin Nedd, Chief Executive Officer (CEO) of the American owned...
News

Shell, SBM Offshore win OTC Distinguished Achievement Award for Stones Field

OilNOW -
(Oil and Gas Facilities) Shell and SBM Offshore will be presented with the OTC Distinguished Achievement Award in recognition of the successful development of the world’s deepest oil and gas project; the Gulf of Mexico Stones field, using the Turritella FPSO....
News

Broad representation of companies at GIPEX 2018 impressive – Alison Redford

OilNOW -
The participation of more than 200 companies and 600 delegates at the just concluded Guyana Petroleum Exhibition and Summit (GIPEX) has been described as “impressive” by former Alberta Premier, Alison Redford. Speaking to OilNOW on the sidelines of GIPEX 2018,...
News

Venezuela’s main source of cash is dwindling at breathtaking pace

OilNOW -
(CNN Money) The country's oil output in January fell to its lowest level in nearly 30 years, not including a brief oil strike in 2003, according to S&P Global Platts. A monthly OPEC report published Monday revealed Venezuela pumped 1.6...
News

Guyanese businessman unveils plan for mega O&G shore-base

OilNOW -
Source One Oil & Gas Marine Supplies - a subsidiary of heavy duty machinery company Japarts - has launched an ambitious plan to construct a full service and logistics shore-base facility for oil and gas drilling and exploration activities...
News

BP begins production from Egypt’s Atoll gas field

OilNOW -
BP on Monday announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below...
News

Guyanese Energy Company teams up with Canadian counterparts in major joint venture

OilNOW -
Newly established Guyanese company; Pandora Energy has entered into a joint venture partnership with Coastal Safety Management Inc. and Safe Work Solutions Inc. of Canada to provide a range of services in the oil and gas industry. The official announcement...
News

Change in political leadership should not affect national agenda – Persaud

OilNOW -
Guyana’s former Minister of Natural Resources, Robert Persaud, is calling for a framework to be established that would ensure there is some degree of continuity and consistency when it comes to how long-term goals for national development are treated...
1...950951952...1,016Page 951 of 1,016

Latest News

NewsOilNOW -

Jagdeo says LNG remains a priority as Guyana moves to monetize its gas resources

Guyana’s Vice President Bharrat Jagdeo has reaffirmed that liquefied natural gas (LNG) remains a key option in Guyana’s plan...

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