News

News

Exxon, COVs invests US$45,000 in Community Wellness project benefitting 150 Guyanese

OilNOW -
The Greater Guyana Initiative (GGI) is supporting the "Enhancing Community Wellness" pilot project with an investment of US$45,000. The project's official launch took place at 3t EnerMech’s Lusignan training facility on Aug. 30, heralding a positive step towards tackling...
News

US Ambassador to Guyana gov’t: Do as much as you can to show citizens impact of oil on country

OilNOW -
Rome was not built in a day. The same can be said about Guyana’s oil sector since it was only in 2015 that the first discovery was made, and in 2020 that the first barrel was produced. While Guyana...
News

Ministry addressing technical glitch on Guyana oil production data portal

OilNOW -
Guyana’s Ministry of Natural Resources recently issued a statement concerning a technical issue that has been affecting its Petroleum Management Programme's Data Centre, which is used to publish oil production volumes. "Our thorough checks have revealed that users have encountered...
News

Guyana goes after hefty investments in oil blocks auction

OilNOW -
Guyana is accepting bids in its first ever offshore licensing round covering 14 oil blocks both in shallow and deep-water acreages. How is the Ministry of Natural Resources shaping the landscape for these bidders? The minimum work and expenditure...
News

BW Energy moves forward with acquisition of FPSO Cidade de Vitória in Brazil

OilNOW -
Oslo-based BW Energy is set to proceed with its acquisition of the FPSO Cidade de Vitória, located on the Golfinho field in Brazil, following an agreement reached with the vessel's Italian owner, Saipem. This development comes more than a...
News

Ambassador Lynch stresses due diligence for US companies entering Guyana market

OilNOW -
United States Ambassador to Guyana, Sarah Ann-Lynch, highlighted the need for careful consideration and research when US companies enter the local market during a radio interview on August 29.  Her remarks were prompted by questions regarding a July 14 Reuters...
News

Who will win Guyana’s coveted oil blocks?

OilNOW -
With less than two weeks left for companies to participate, anticipation remains high on the outcome of Guyana's first bid round. At stake is a potential 25 billion barrels of oil equivalent up for grabs. It is clear that...
News

Shell’s Timi Platform powers Malaysia’s green energy revolution with solar, wind

OilNOW -
Sarawak Shell Berhad (SSB), a subsidiary of global energy giant Shell plc, announced the commencement of gas production at the Timi platform in Malaysia. Under the SK318 production sharing contract (PSC), Timi represents a groundbreaking endeavour, combining cutting-edge technology...
News

There is no fair energy transition without engagement of oil industry – Petrobras CEO

OilNOW -
In a recent address at the CEO Oil and Gas Governors Meeting in Geneva, head of Petrobras, Jean-Paul Prates emphasized the critical role of the oil and gas industry in global energy transition efforts.  Prates argued that while the importance...
News

ExxonMobil, partners have not recovered their Stabroek Block investments as yet

OilNOW -
Oil revenues generated by ExxonMobil and partners from the Stabroek Block have not yet matched the major investments they have made into exploring for crude and developing those fields. The companies have sanctioned more than US$40 billion in projects...
1...247248249...1,037Page 248 of 1,037

Latest News

NewsKemol King -

UPDATED: A guide to Guyana’s Gas-to-Energy project

Editor's note: This article was updated on November 25, 2025. It was first published on December 29, 2024. The...

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