News

Exploration

Exxon, EPA could have agreement in place by month end for US$2B environmental assurance

OilNOW -
ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) on Wednesday told reporters that in the very unlikely event a major accident such as an oil spill occurs at the offshore Stabroek Block, the consortium has the technical and...
News

ExxonMobil has grievance mechanism in place for feedback from the public – Persaud

OilNOW -
Public concerns or complaints related to ExxonMobil’s operations in Guyana can be recorded and addressed through a Community Grievance Mechanism. The company’s Media and Communication Manager, Janelle Persaud, pointed out to reporters on Wednesday that the Mechanism’s purpose is for...
News

Rubio among those criticizing Biden administration over Venezuela visit

OilNOW -
When senior officials from the Joe Biden administration -- including the National Security Council's director for the Western Hemisphere, Juan Gonzalez, and the US special presidential envoy for hostage affairs, Roger Carstens -- were dispatched to Caracas over the...
News

Guyana now facing real possibility of US$200 million per oil lift

OilNOW -
Between December 2019 when oil production started in Guyana, and the end of 2021, the country had received around US$608 million from a total of 9 oil lifts averaging 1 million barrels each, and royalty payments. But what Guyana...
News

Economist says refinery for Guyana should be considered as oil prices skyrocket

OilNOW -
With the oil price at an all-time high and set to go even higher, Richard Rambarran, a lecturer of economics at the University of Guyana, Tuesday urged Guyana to consider establishing a modular refinery to meet at least its...
News

Guyana to benefit most from rising oil price in Latin America region – AMI analysis

OilNOW -
Americas Market Intelligence (AMI) expects Guyana to benefit most from the rising oil price in 2022, compared to its neighbours in Latin America. The Latin American business intelligence and research firm recently released its Latin America Energy Sector 2022: The Good,...
News

800 women supporting Exxon’s activities in Guyana

OilNOW -
ExxonMobil said in a statement commemorating International Women’s Day on Tuesday that 800 women are supporting its activities in Guyana. The U.S. oil major has found over 10 billion barrels of oil equivalent in the South American country since...
News

Maduro says Venezuela and U.S. have agreed to work on ‘issues of interest’

OilNOW -
(AP) — Venezuela President Nicolás Maduro signaled an interest in improving relations with the U.S. following weekend talks with high-level American officials prompted in part by Russia’s invasion of Ukraine and concerns of rising gas prices in the U.S. Maduro,...
News

Guyana submits memorial in Venezuela border case to World Court

OilNOW -
Guyana announced on Tuesday that it made a submission to the International Court of Justice (ICJ) in its border controversy with Venezuela. The submission is its memorial on the merits of its case - the Arbitral Award of 1899...
News

Exxon to submit environment plans for major 24-well campaign across two blocks

OilNOW -
ExxonMobil Guyana will be moving to submit Environmental Management Plans for its proposed Exploration and Appraisal (E&A) Drilling Program that will see the company targeting 12 wells each across the Canje and Kaieteur Blocks. The company had submitted an application...
1...437438439...997Page 438 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