News

News

Sustainable Energy Council announces World Hydrogen Advisory Board of industry leaders

OilNOW -
The London-based sustainable events, business council and training provider has published the initial group of senior decision makers from global companies in the energy and hydrogen industry, who will be a guiding force behind the SEC World Hydrogen Series...
News

One Basin Three Nations launches Regional Energy Training and Technology Center

OilNOW -
One Basin Three Nations (OBTN) has launched a new Regional Energy Training and Technology Center based in Suriname, created by joining forces with strategic internationally established industry partners such as MINTRA Group, Technology Catalogue and IN-VR. OBTN’s said its...
News

Chevron and Qatar Petroleum consortium win bids for Suriname oil blocks

OilNOW -
Chevron Exploration Suriname Limited and a consortium consisting of TotalEnergies and Qatar Petroleum have submitted the most favourable bids for shallow offshore blocks in Suriname’s recently concluded bid round. State oil company Staatsolie Maatschappij Suriname N.V. said on Friday Chevron...
News

WoodMac Analysis: How high can the oil price go in 2021?

OilNOW -
By Simon Flowers - Chairman, Chief Analyst & author of The Edge at Wood Mackenzie Commodities are on a bull run, playing the triple themes of a recovering global economy, a weakening dollar and the possibility of an emerging supercycle. Oil’s...
News

Support from oil companies boosting delivery of education at University of Guyana – VC

OilNOW -
The University of Guyana (UG) has received more funding from foreign investors in the oil and gas industry than the total amount received from all other sources in over 15 years. Vice Chancellor Professor Dr. Paloma Mohamed-Martin said that from...
News

Orinduik explorers just months away from selecting new ‘light oil’ drill targets

OilNOW -
Following the completion of desktop work to reprocess seismic data, explorers at Guyana’s Orinduik Block will move to identify new targets for drilling in 2022. “The joint venture partners of the Orinduik Block offshore Guyana utilized the past 18 months...
News

Guyana can become key player on global oil market with increased production – API’s Chief Economist

OilNOW -
With Guyana expected to produce more than 800,000 barrels of oil per day by 2025, experts say that the country can become a key producer in creating global oil market balance as the demand grows and supply shrinks. Chief Economist...
News

“We are putting science and math fluency on the fast track” – ExxonMobil Guyana

OilNOW -
ExxonMobil has contributed $20.9M to the Volunteer Youth Corps. Inc.’s online after school programme for Science, Technology, Engineering, and Mathematics (STEM) education in Guyana. The company says this is in keeping with its commitment to invest in the country’s...
News

As global upstream spending struggle to recover, Guyana offshore continues to grow

OilNOW -
In just two years, the damning effects of the COVID-19 pandemic have affected upstream investments by a whopping US$285 billion. Due to these significant cuts, upstream spending will struggle to recover to pre-pandemic levels. Revealing these details recently was...
News

Another S/American country looking to increase oil & gas investments, speed up production

OilNOW -
Countries across the Latin America and Caribbean region have been increasingly pursuing measures that would enhance the competitiveness of their oil and gas sector and speed up production. Brazil, Trinidad and Tobago, Suriname and new oil producer Guyana are...
1...537538539...999Page 538 of 999

Latest News

NewsOilNOW -

Kumu’s new small-scale hydropower plant now operational

Guyana commissioned a new 1.5 megawatt (MW) hydropower station in the southeastern community of Kumu on Friday, part 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.

Quick Access

Company Info

Social Networks