News

News

ExxonMobil’s Yellowtail startup strengthens upstream edge – Zacks Investment Research

OilNOW -
Chicago-based firm, Zacks Investment Research, known for its independent investment analysis and the Zacks Rank system, has highlighted Exxon Mobil Corporation’s (XOM) success offshore Guyana as the foundation of what it calls a durable upstream moat (economic power).  In an...
News

Chevron eyes Guyana expertise in Hess takeover, says CEO Mike Wirth

OilNOW -
Chevron’s US$53 billion acquisition of Hess Corporation is not just about reserves; it’s about people. According to Chevron Chief Executive Mike Wirth, the deal, announced in October 2023, was driven by the long-term growth Hess brings and the expertise...
News

Bourbon Guyana adds Mistral vessel to support Exxon’s Whiptail project

OilNOW -
Bourbon Guyana has expanded its fleet with the arrival of the Bourbon Mistral, a large platform supply vessel dedicated to the Whiptail Development Project offshore Guyana. “Exciting news from Bourbon Guyana as we introduce the newest addition to our Guyana...
News

Construction moves apace on Guyana’s Gas-to-Energy project 

OilNOW -
The Gas-to-Energy project at Wales is moving ahead with visible progress. From foundations now in place to new companies showing interest and plans for an industrial zone taking shape, several key steps are unfolding at the same time. Here are...
News

ExxonMobil expands survey work in Guyana’s Stabroek Block

OilNOW -
ExxonMobil Guyana Limited (EMGL) is pressing ahead with environmental and geophysical survey activities in the Stabroek Block as part of its long-term development plans. According to the Maritime Administration Department, EMGL’s Environmental Sampling Survey will continue until December 31, 2025....
News

U.S. security advisory puts Suriname’s ports under scrutiny

OilNOW -
The United States Coast Guard has added Suriname to its list of countries whose ports are deemed to lack effective antiterrorism measures. Under the U.S. Port Security Advisory 4-25, issued on September 3 and taking effect September 17, vessels...
News

SBM sponsors international trips, science equipment for winners of Guyana mousetrap competition

OilNOW -
SBM Offshore Guyana’s 2025 Guyana-Monaco Mousetrap Car Grand Prix Competition wrapped up with an impressive display of creativity, problem-solving and teamwork from students across the country, the company said in a press update on Tuesday. This year’s winners not...
News

Ali signals more oil exploration with stronger Production Sharing Agreement

OilNOW -
Guyana's President, Dr. Mohamed Irfaan Ali, has signaled that his administration will embark on an expanded exploration push. “We will press forward with new exploration under a stronger Production Sharing Agreement,” he announced immediately at his swearing-in for a...
News

Petronas weighs scale of Suriname gas find as Block 52 studies advance

OilNOW -
Petronas is deepening its assessment of a gas discovery offshore Suriname as research in Block 52 moves into a new phase that could determine the viability of large-scale development. During a September 8 meeting with President Jennifer Simons, Petronas Executive...
News

What you need to know about the U.S. military build-up in the Caribbean

OilNOW -
What began on August 14, when Washington ordered air and naval forces into the southern Caribbean reportedly to combat drug cartels, has quickly evolved into one of the most significant U.S. military engagements in the region in decades.  Over the...
123...1,017Page 2 of 1,017

Latest News

NewsOilNOW -

Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation...

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