News

News

Amazon Warriors are talismans for Guyana’s rise – Routledge as sponsorship renewed for 7th year

OilNOW -
The Guyana Amazon Warriors (GAW) were deemed the talismans for their home country's rise on the global scene by ExxonMobil Guyana Limited President, Alistair Routledge as he announced the company's full sponsorship for the 2023 team.  "We are so excited...
News

With unparalleled oil sector growth, outlook for Guyana better than ever before – IMF

OilNOW -
With the Guyana government accelerating the implementation of several reform programmes alongside the unparalleled expansion of the oil sector, the International Monetary Fund (IMF) finds that the country will continue to see very rapid growth. In fact, the financial...
News

Migration policy in the works to address importation of labour for oil sector – Guyana President

OilNOW -
Labour has become scarce in Guyana, because of its oil boom. So much so that international oil companies are being forced to import what they need because simply put, the capacity does not exist in the new oil-producing nation. To...
News

Exxon has “healthy inventory of drilling prospects” planned for Stabroek Block – Hess CEO

OilNOW -
Hess Corporation’s Chief Executive Officer (CEO), John Hess has lauded the Guyana government’s decision to approve a request for a one-year extension to explore the Stabroek Block, thereby providing enough room to execute a healthy inventory of drilling prospects.  Hess...
News

Exxon’s 12-well campaign in Canje block slated to start in Q2 2024

OilNOW -
ExxonMobil’s 12-well Canje Block campaign is set to begin in the second quarter of 2024, according to a Cumulative Impact Assessment (CIA) for the project.  The 1,700+ page document is available for public comments until early November.  If discoveries are made,...
News

Routledge talks gas extraction techniques for Stabroek Block gas reserves

OilNOW -
ExxonMobil is exploring different facility options for the exportation of gas from Guyana. Alistair Routledge, ExxonMobil Guyana President, discussed Guyana's potential as a deepwater oil producer during an August interview with S&P Global in London. Guyana has been in the...
News

Exxon’s supplier partnerships yielding game-changing cost savings in Guyana, says Hess boss

OilNOW -
ExxonMobil, one of the world’s largest publicly traded oil and gas companies, and operator of the Stabroek Block in Guyana, has been aggressively pushing back on cost pressures for its projects offshore the South American country. Bringing this to...
News

Exxon submits Cumulative Impact Assessment for 12-well drill campaign in Guyana’s Canje Block

OilNOW -
ExxonMobil Guyana has submitted to the Environmental Protection Agency (EPA), the Cumulative Impact Assessment (CIA) and Environmental Impact Statement (EIS) for its 12-well exploration and appraisal drilling campaign in the Canje Block.  A public notice outlined that “In accordance with...
News

Hess still bullish on unlocking financial upside for shareholders in Suriname, Gulf of Mexico

OilNOW -
Though producing assets in Guyana and the USA hold the top positions in Hess Corporation’s portfolio, the company still has its sights set on other exploration opportunities in Suriname and the Gulf of Mexico. This much was noted by...
News

Petrobras ventures into carbon market, commits to net zero emissions by 2050

OilNOW -
Petrobras, Brazil's state-owned oil giant, has ventured into the voluntary carbon market, marking its first-ever purchase of carbon credits.   The acquired carbon offsets originate from the Envira Amazonia project, dedicated to the preservation of the Amazon rainforest in Acre's western...
1...222223224...1,017Page 223 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