News

News

Leading the charge, Guyana to host regional solar alliance conference

OilNOW -
Guyana received a four-person team from the International Solar Alliance last week in preparation for the Fourth Regional Meeting of the Latin American and Caribbean Region of the International Solar Alliance (ISA) to be held from August 3-5 in Georgetown. ISA member states use the...
News

US$200M more withdrawn from Guyana oil fund

OilNOW -
Senior Finance Minister Dr Ashni Singh announced that Government has made its second draw down from the Natural Resource Fund in accordance with the Natural Resource Fund (NRF) Act 2021. The Minister indicated that pursuant to Section 16 of the...
News

World’s 2nd largest oil producer told to invest now in Guyana, or pay more later

OilNOW -
A delegation from Saudi Arabia was told on Saturday that investing now in South America’s newest oil producing nation, Guyana, would be less expensive than even a year and a half down the road since the new petroleum hotspot...
Discoveries

Despite multiple discoveries, no timeline yet for first oil in Suriname

OilNOW -
Suriname’s Block 58 has churned out five discoveries in total, but operator TotalEnergies E&P Suriname B.V. is yet to make a Final Investment Decision (FID). Government officials expressed hope during the recently held Suriname Energy, Oil and Gas Conference (SEOGS) that this...
News

Guyana plans to establish an international center for biodiversity research

OilNOW -
As part of its landmark Low Carbon Development Strategy (LCDS), new oil producer Guyana plans to establish an international center for biodiversity research. The center will work with local and international partners, including the University of Guyana, to understand the...
News

Guyana’s rollout of solar power for 30,000 hinterland homes set for early 2023

OilNOW -
Chief Executive Officer of the Guyana Energy Agency (GEA), Dr. Mahender Sharma, told Indigenous leaders on Tuesday the government will start rolling out a massive solar project for hinterland communities by early 2023. The initiative, announced over a year ago,...
News

T&T opens bid round; one nearshore, 10 onshore blocks up for grabs

OilNOW -
Trinidad and Tobago’s prime onshore and nearshore oil blocks are up for grabs as the twin-island republic launched a fresh competitive bid round, running up to January 9, 2023. All interested bids must be submitted by that deadline. Information from T&T’s...
News

Exxon seeking multiple suppliers in Guyana as operations expand

OilNOW -
ExxonMobil is on the hunt for multiple suppliers for a host of local services as its oil and gas operations in Guyana’s offshore Stabroek Block rapidly expands. Its Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL), plans to put...
Discoveries

Petrobras wildcat strikes oil in Brazil’s pre-salt

OilNOW -
Petrobras said it found oil at the pioneer well 1-BRSA-1383A-RJS (Alto de Cabo Frio Central Noroeste) in the pre-salt of the southern part of the Campos Basin. The well is 230 kilometers (km) from the city of Rio de Janeiro-RJ, in...
News

Could Block 58 become the next Stabroek?

OilNOW -
Controlled by TotalEnergies and APA Corporation, Block 58 has churned out major discoveries – five thus far. Though few, compared to Guyana’s Stabroek Block, the discoveries have piqued investor interest leaving a lingering question – could Block 58 become...
1...378379380...997Page 379 of 997

Latest News

NewsOilNOW -

Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation...

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