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REACTION: Venezuela misrepresents World Court measures 

OilNOW -
Venezuela has misrepresented the ruling by the International Court of Justice (ICJ) on Guyana’s request for measures to block questions in its Dec. 3 referendum on the Essequibo.  In a Communique after the hearing, Venezuela said that the World Court’s...
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Liza Destiny production rebounds in October

Kemol King -
Production at the Liza 1 project rebounded in October, after which, the Liza Destiny floating production, storage and offloading (FPSO) vessel demonstrated levels in excess of 150,000 barrels per day (bpd). The project registered an average output of 140,780 bpd...
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France backs ICJ process in resolving Essequibo border controversy 

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Guyana engaged in talks with representatives from France as part of ongoing discussions concerning Guyana's forthcoming tenure on the United Nations Security Council (UNSC). Foreign Secretary, Robert Persaud recently convened a meeting with Mohamed Bouabdallah, Head of Political Affairs...
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STATEMENT: Ali confident ICJ will rule Essequibo is rightfully Guyanese territory

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See statement by Guyana President, Dr. Irfaan Ali: Today, the International Court of Justice (ICJ) issued an important Order granting the provisional measures against Venezuela that Guyana requested in response to Venezuela’s announcement that it would be holding a...
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World Court forbids Venezuela from taking control of Essequibo region 

Shikema Dey -
The International Court of Justice (ICJ) ruled that Venezuela shall refrain from actions that would compromise Guyana's administration and control of the Essequibo territory. The ruling was made in response to Guyana's request for measures to block questions from...
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Liquid content in Guyana’s gas fields could prevent straightforward deployment of floating LNG facility

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With oil production in Guyana set to hit 600,000 barrels per day (bpd) next year and cross the one million bpd mark by 2027, monetizing the large volumes of associated gas discovered to date at the ExxonMobil-operated Stabroek Block...
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Venezuela’s “ridiculous claim” for Guyana’s Essequibo insults legacy of Simón Bolívar – VP Jagdeo

OilNOW -
Those within the Venezuelan leadership that continue to make a “ridiculous claim” over Guyana’s Essequibo Region do so at the risk of insulting the legacy of Venezuelan revolutionary, Simón Bolívar. Guyana’s Vice President, Bharrat Jagdeo, recently made this assertion...
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United Airlines plans direct flights between Guyana and Houston from April 2024

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United Airlines Inc. revealed its intention to commence direct flights between Guyana and Houston starting in April 2024, though the initiation of this service remains contingent upon approvals from the Guyana Civil Aviation Authority (GCAA). Dr. Ashni Singh, the Finance...
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Brazil beefs up military presence at borders ahead of Venezuela’s Dec. 3 referendum  

OilNOW -
Brazil’s Ministry of Defense announced that it is closely monitoring escalating tensions between Guyana and Venezuela and has “intensified” defensive actions along its northern border.  “The Ministry of Defense has been monitoring the situation. Defensive actions have been intensified in...
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Works advance on structure for Guyana’s new Demerara River Bridge 

OilNOW -
The construction of Guyana’s new Demerara River Bridge is progressing smoothly.  Works were 27% completed back in October.  By the end of 2024, Contractor – J.V. China Railway Construction Corporation (International) will hand over to Guyana a four-lane, high-span, cable-stay bridge...
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Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation...

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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