News

News

Revived Venezuela oil sector could help restart T&T Pointe-a-Pierre refinery — Energy Chamber

OilNOW -
A possible restart of Trinidad and Tobago’s Pointe-a-Pierre refinery is being linked to renewed interest in Venezuelan crude supplies, according to the Energy Chamber of Trinidad and Tobago. In a recent statement on its website, the Chamber noted that while...
News

Exxon’s return and easing Venezuela tensions, fueling interest in T&T Energy Conference 2026 — Dax Driver

Trichell Sobers -
Renewed optimism in Trinidad and Tobago’s energy sector, driven by recent upstream activity, ExxonMobil’s return to the country, and shifting regional dynamics involving Venezuela, is boosting interest in the Trinidad and Tobago Energy Conference and Tradeshow 2026. This is according...
News

Stena Carron drills 86 wells, more than 241,000 meters offshore Guyana over decade

OilNOW -
The drillship Stena Carron has completed 86 well operations offshore Guyana over nearly a decade, drilling a total of 241,358 meters, according to information from Stena Drilling published in the latest edition of Energy Magazine. The vessel has operated in...
News

Trinidad gas output at 2.6 Bcf/d, reinvestment needed to close 40% supply gap – Energy Chamber

OilNOW -
Trinidad and Tobago’s natural gas production is around 2.6 billion cubic feet per day (Bcf/d), leaving a supply shortfall of about 40% for downstream demand, according to the Head of the Trinidad and Tobago Energy Chamber. In an exclusive interview...
News

DOF wins Hammerhead FPSO mooring pre-lay contract offshore Guyana

OilNOW -
DOF Group ASA has secured a large turn-key contract from MODEC Guyana Inc. to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading (FPSO) project offshore Guyana. The company said earlier today (January 19) that its...
News

Reduced geopolitical risk may ease exploration near Guyana–Venezuela border in Stabroek Block

Shikema Dey -
Exploration activity in Guyana’s Stabroek Block, particularly in areas closer to the maritime boundary with Venezuela, now faces a different geopolitical context following the removal of Venezuelan President Nicolás Maduro. The shift comes against the backdrop of Guyana’s long-standing border...
News

ICJ ruling on Guyana–Venezuela border case expected by early 2027 – Greenidge

Shikema Dey -
Guyana’s Agent before the International Court of Justice, Carl Greenidge, says the Court is expected to hand down a final ruling on the Guyana–Venezuela border controversy by early 2027 at the latest, despite recent political developments in Caracas. Greenidge’s comments...
News

ExxonMobil to complete Whiptail WT_4i05 drilling campaign offshore Guyana by February 28 

OilNOW -
Operational drilling activities at the Whiptail Project’s WT_4i05 Drill Center offshore Guyana are scheduled to conclude on February 28, 2026, the Maritime Administration Department (MARAD) said in a notice to mariners this week.  MARAD said ExxonMobil Guyana Limited (EMGL) continued...
News

Guyana gov’t can withdraw US$2.37 billion from oil fund to support 2026 budget

Kemol King -
The Guyana government can legally withdraw about US$2.37 billion (GY$495 billion) from its oil fund in 2026 to support its national budget, a slight decline from the amount available last year, after lower oil revenues flowed into the account...
News

Too early to tell if US role in Venezuela will unlock western Guyana exploration – S&P Global

OilNOW -
Guyana’s oil sector could see lower regional risk following U.S. involvement in Venezuela, but whether that translates into new exploration activity remains uncertain, according to a January 15 S&P Global analysis. The assessment comes amid the long-running Guyana–Venezuela border controversy...
123...1,051Page 2 of 1,051

Latest News

NewsOilNOW -

FPSO fundamentals: Insights from SBM Offshore

SBM Offshore, on January 21, pulled back the curtain on one of the most critical assets in offshore energy...

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