News

News

DOF secures contracts with Subsea7 and Maersk Supply Service 

OilNOW -
DOF has secured substantial contracts in the maritime industry, with deals involving both Subsea7 and Maersk Supply Service. The company sealed a deal with Subsea7 for the time charter of the Skandi Acergy, a construction vessel boasting a 400-ton crane,...
News

Exxon CEO advocates against painting Big Oil as ‘villains’ for climate, emphasizes technology over supply reduction 

OilNOW -
ExxonMobil Corp.'s Chief Executive Officer, Darren Woods, addressed concerns surrounding the portrayal of Big Oil as "villains" in the climate change narrative, warning that restricting fossil fuel supplies would impede progress towards achieving net zero emissions and perpetuate poverty...
News

Guyana planning for all outcomes of Venezuela referendum should it proceed

OilNOW -
Guyana is preparing for all possibilities surrounding the December 3 referendum by Venezuela, its President, Irfaan Ali assured.  While Ali believes that Venezuela “would not act in a reckless way”, disregarding the orders of the International Court of Justice (ICJ),...
News

Rely only on official channels for information – Presi Ali urges as Venezuela takes controversy to social media 

OilNOW -
The recent wave of posts on social media platforms regarding the Venezuela border controversy has prompted Guyana’s President Irfaan Ali to urge the public to rely only on information emerging from official channels in the government.  “I have seen a...
News

All U.S. sanctions “are on the table” if Venezuela reneges on agreement for free and fair elections 

OilNOW -
The Biden administration has issued a stern warning to Venezuela, stating its intent to rescind recently granted licenses if President Nicolás Maduro fails to demonstrate a commitment to fairer elections by the close of November. Brian Nichols, the U.S. Assistant...
News

Exxon pursues lithium mining to supply electric vehicles

OilNOW -
ExxonMobil is venturing into the lithium market to meet the growing demand for electric vehicles (EV). The company announced that it has started drilling its first lithium well in Arkansas, where it holds a large acreage of land with...
News

ABS recognizes Guyanese company with global accreditation

OilNOW -
Pandora Energy Inc., a Guyanese manpower and recruitment firm, has recently achieved global recognition by obtaining the American Bureau of Shipping (ABS) accreditation. This confirms the company's compliance with the International Labor Organization (ILO) Maritime Labor Convention (MLC) 2006,...
News

Korea explores enhanced economic collaboration with Guyana through concessional financing 

OilNOW -
Korea has set its sights on bolstering economic ties with Guyana, as evidenced by the Export-Import Bank of Korea's initiative to offer substantial concessional financing for prospective projects. Park Jong-Kyu, Vice President and Head of Group at Korea Eximbank,...
News

Exxon’s 6th Guyana FPSO named Jaguar after national animal

OilNOW -
Guyana’s Minister of Natural Resources Vickram Bharrat recently announced that Bayphase, an international oil and gas consultancy firm, is reviewing ExxonMobil's Field Development Plan (FDP) and Environmental Impact Assessment (EIA) for its sixth Stabroek block development.  Bharrat said that the...
News

Venezuela claim of xenophobia being promoted in Guyana is patently false – Jagdeo

OilNOW -
Guyana's Vice President Bharrat Jagdeo is making it clear that the government does not promote nor condone xenophobia, as claimed by Venezuelan Vice President, Delcy Rodriguez, at a recent hearing of the International Court of Justice (ICJ). Jagdeo related...
1...194195196...1,017Page 195 of 1,017

Latest News

Energy InsightsChevy Devonish -

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act...

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