News

News

Twelve oil companies among those submitting information for Guyana’s 2nd EITI report

OilNOW -
Twelve oil companies operating in Guyana are among those submitting information to the Guyana Extractive industries Transparency Initiative (GYEITI) National Secretariat for compilation of the country’s second report. GYEITI National Coordinator, Dr. Rudy Jadoopat, confirmed to OilNOW on Friday that...
News

Guyana deepwater drilling pushes Schlumberger fourth quarter 2020 results

OilNOW -
Oilfield Services Company Schlumberger recorded $969 million in revenue for the Latin America region in the fourth quarter (Q4) of 2020. The company said on Friday this represents an increase of 17% sequentially with continued strength in Ecuador, Colombia,...
News

Guyana issues statement on detention of fishing vessels by Venezuelan Navy

OilNOW -
Statement by Ministry of Foreign Affairs The Ministry of Foreign Affairs of the Cooperative Republic of Guyana has confirmed reports that two Guyanese registered fishing vessels – the Lady Nayera and the Sea Wolf – operating off the coast of...
News

Guyanese aviation firm says training from Exxon opened door to oil and gas opportunities

OilNOW -
Guyanese aviation company, Trans Guyana Airways, has been working with several local firms to provide services and key support to the oil and gas industry. The aviation company said through the support of ExxonMobil Aviation Services, it has been...
News

Oil flow halted at Colombia pipeline near Venezuela border following attack

OilNOW -
(Reuters) - Oil flow through Colombia’s Cano Limon-Covenas pipeline was suspended on Friday after an attack with explosives started a fire, Cenit, a subsidiary of the country’s majority state-owned oil company Ecopetrol, said. The attack took place in a rural...
News

2025 Emission Reduction plans consistent with Paris Agreement goals – ExxonMobil Director

OilNOW -
Following the announcement by President Joe Biden that the United States of America would rejoin the Paris Agreement, ExxonMobil has disclosed that it not only supports this move but is working to help achieve the goals of the pact...
News

ExxonMobil says it can deliver 50 million cubic feet of gas per day to shore

OilNOW -
The use of natural gas to provide energy in Guyana continues to form a major part of the government’s plans to deliver significant benefits to the country of just over 750,000 people. Piping gas to shore will allow for...
News

Big Guyana oil finds embolden Suriname explorers – deepwater set to flourish

OilNOW -
The more than 85 percent exploration success rate ExxonMobil has had in Guyana at the prolific Stabroek block has served to open up the Guyana-Suriname basin and analysts believe there are billions of barrels of oil yet to be...
News

Biden administration suspends oil and gas permitting on federal lands

OilNOW -
(Reuters) - The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo. The move appears...
News

Guyana-Suriname basin at top of watch list, Bulletwood and Bonboni could deliver big pay

OilNOW -
Analysts are looking closely at the exploration campaigns targeting the Bulletwood prospect in Guyana and Bonboni in neighbouring Suriname which are testing the upper cretaceous play in a basin where billions of barrels of oil equivalent have been found...
1...596597598...1,000Page 597 of 1,000

Latest News

Guyana's Oil LedgerKemol King -

Guyana gets another US$191 million from oil sales in June

Guyana earned just over US$191 million (GY$40 billion) from the sale of three oil cargoes (each about a million...

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