News

News

Local content requirements must be flexible, realistic – Angele Ramsaransing-Karg

OilNOW -
Countries which lack the necessary skills and experience in the oil and gas industry run the risk of slowing down development of their petroleum resources if local content requirements are not realistic and lack flexibility. So says Angele Ramsaransing-Karg, Manager...
News

Venezuela buying fuel from Iran with plane loads of gold

OilNOW -
Venezuela has reportedly obtained fuel from Iran in return for plane loads of gold, according to comments which have been attributed to Iranian Chief Commander of the Islamic Revolutionary Guard Corps (IRGC), Yahya Safavi. The Middle East Monitor (MEM) quotes...
News

Keppel reviewing offshore business, plans to sell between S$3-5 billion of assets

OilNOW -
Keppel Corporation Limited (Keppel) said Tuesday it plans to unlock value from S$3-5 billion of assets over the next 3 years as part of a strategic review of its offshore and marine business. Keppel affiliate, Keppel Shipyard Ltd., has been...
News

Oil falls as virus count mounts, U.S. debate looms

OilNOW -
(Reuters) - Oil prices fell on Tuesday as Europe and the United States grappled with a surge in new coronavirus infections and investors were cautious ahead of the first U.S. presidential debate. Brent's November contract, which expires on Wednesday, fell...
News

Guyana oil revenue will more than double T&T’s and quadruple Suriname’s – Rystad Energy

OilNOW -
The South American country of Guyana is on course to receive the highest estimated total income from its multi-billion-barrel oil and gas resources when compared to both Suriname and Trinidad and Tobago (T&T), under various oil price scenarios. This...
News

Less than 15 percent of Guyana’s discovered resources have been sanctioned

OilNOW -
With over 8 billion barrels of oil equivalent discovered to date and just two approved developments, Guyana still has significant hydrocarbon resources yet to be produced. Analysts have said developing these resources early would be prudent, since delays run...
News

Majors exiting 203 country positions but remain in play at key locations like Guyana

OilNOW -
The largest oil and gas companies in the world, including US oil major ExxonMobil, are revising their long-term oil price and demand outlook, and looking to streamline their portfolios to improve cash flow, cost efficiency...
News

Near future multiple FPSO projects to have lasting impact on Guyana development – Tina Riley

OilNOW -
From Ranger in the North-West to Haimara in the South-East, the more than 8 billion barrels of oil equivalent resources found to date at the prolific Stabroek Block offshore Guyana will lead in the transformation of the South American...
News

Guyana oil minister set to talk at Madrid Energy Conference this week

OilNOW -
Guyana’s Minister of Natural Resources, Vickram Bharrat, will be the key speaker on a panel discussion at the Madrid Energy Virtual Conference (MEC2020) set to take place this week. The panel discussion will focus on institutional strategy for regulation...
News

Tankers lifting Liza Crude required to comply with Guyana’s pandemic measures

OilNOW -
New oil producer Guyana continues to take precautionary measures at offshore installations in response to the global pandemic which has seen tankers lifting the Liza crude being required to arrive well ahead of time for each lift, in keeping...
1...659660661...1,018Page 660 of 1,018

Latest News

NewsIşıl Güneş -

Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...

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