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Norway arrests activists blocking tanker delivering oil to an Exxon terminal

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(Reuters) - Norwegian police said they had arrested 20 Greenpeace and Extinction Rebellion campaigners who on Monday blocked a tanker from delivering Russian oil to an Exxon Mobil terminal. In a protest against Russia's invasion of Ukraine, activists had fastened...
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Pace of Guyana’s oil and gas development ‘unprecedented’ – Routledge

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Guyana’s growth trajectory changed dramatically when ExxonMobil and its Stabroek Block partners struck oil back in 2015. Since then, the pace of the South American nation’s transformation and development – its oil and gas resources and its infrastructure –...
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Guyana evaluating sites for second hydropower project

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After streamlining the 165 megawatts (MW) Amaila Falls hydropower project for 2027, the Guyana Energy Agency (GEA) has started site evaluations for a second hydropower project, its chief executive officer Dr. Mahender Sharma said recently. Amaila had chosen to be the...
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Over 50 development wells for Guyana’s biggest oil project

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The subsea umbilicals, risers, and flowlines (SURF) facilities for the Yellowtail project will be the largest to date offshore Guyana with over 50 development wells planned, making the contract for the supply and installation of this equipment among the...
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Guyana to create two-way channel in Demerara River as marine activities surge

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The rapid increase in offshore oil and gas operations is resulting in more marine traffic passing through Guyana’s main channel, the Demerara River. Dredging is required to facilitate this increase, and the government intends to do that in less...
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Oil slides nearly 5%, lowest in almost two weeks

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(Reuters) - Oil slumped nearly 5% to the lowest in almost two weeks on Monday, extending last week's decline as concern grew that prolonged COVID-19 lockdowns in Shanghai and potential increases to U.S. interest rates would hurt global growth...
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IEA Advisor says national oil companies must be part of dialogue on energy transition

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While much of the global dialogue on energy transition from fossil fuels to renewables tends to focus on majors like ExxonMobil and Shell, it is the national oil companies (NOCs) that must be part of the conversation as well,...
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Zimbabwe businesses invited to invest in new oil & gas hotspot

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In a bid to foster closer relations with Zimbabwe, Guyana President, Dr. Irfaan Ali extended an invitation for businesses there to come take advantage of the South American nation’s investment opportunities. President Ali made the call as he accepted Letters...
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New facility looking to introduce robotic surgery in Guyana, first for the region

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As business activity continues to ramp up in the newest oil producing country in Latin America and the Caribbean, investors are betting big on new ventures which are set to change the face of Guyana in coming years. On Friday,...
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Guyana to rake in around US$106M for first lift of Unity Gold

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As Guyana prepares to receive its first entitlement lift of Unity Gold from the Liza Phase Two development, government expects about US$106 million to be deposited into the Natural Resource Fund from its sale. “The usual lifting entitlement amount of...
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Guyana gas resources set to power new state-of-the-art AI data centre

In a bold step toward shaping the future of technology in South America and the Caribbean, the Government of...

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.

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