News

The ongoing COVID-19 pandemic has hit each and every industry hard, but perhaps the one industry which has taken the biggest hit is the global oil and gas industry. The spread of the virus has forced many oil and...

Tullow Oil has lifted its declaration of force majeure on its main licences in Kenya, a move that had threatened to further delay a final investment decision expected this year on the Turkana fields. The lifting of the declaration paves...

Minister of Natural Resources Vickram Bharrat on Wednesday met with British High Commissioner to Guyana, Greg Quinn, where they discussed a number of areas of collaboration including oil and gas. During the meeting, Mr. Bharrat commended the outgoing High Commissioner...

Guyana’s Minster of Labour, Joseph Hamilton, met with Officials from ExxonMobil Guyana on Wednesday where the rights of Guyanese workers and equal pay for equal work formed a major part of the discussions. ExxonMobil Guyana President, Alistair Routledge, and...

Canadian consultant Rob Strong spoke to OilNOW about local content development back in 2018, and made a comparison with the Newfoundland and Labrador oil and gas industry, which he thinks Guyana could learn from. This is what he had...

President of ExxonMobil Guyana, Alistair Routledge, said on Wednesday approximately 20 percent of the more than 8 billion barrels of oil equivalent resources found so far at the prolific Stabroek Block, is natural gas. “You'll be familiar with the 8 billion oil equivalent barrels of...

As Guyana prepares for unprecedented development from its multi-billion-barrel oil and gas resources, the World Bank says it stands ready to advance discussions on sustainable growth in support of the country’s progress and prosperity. In a congratulatory letter to Guyana’s...

China's July crude imports from the US surged 524.4% from June to a fresh high of 3.67 million mt, or 866,793 b/d, propelling the producer to become China's fifth largest supplier in the month, S&P Global Platts said on...

COVID-19 safety measures and the postponement of the Forties pipeline overhaul have forced China's CNOOC to push the startup of its Buzzard phase II oil project into 2021, the company said Tuesday. According to a S&P Global Platts report, the...

The first group of Guyanese operations and maintenance trainees recently returned to the South American country after an extensive 18-month training programme in Canada organized by ExxonMobil Guyana. The company said in an update on Tuesday they will soon be...