News

News

Draft agreement for Payara development under discussion – Vickram Bharrat

OilNOW -
A draft agreement for the Payara development has been formulated and was discussed at a meeting on Thursday by a high-level team comprising individuals from ExxonMobil and the Department of Energy. In August, the newly elected government in Guyana had engaged...
News

New Guyana government looking to rebuild investor confidence after grueling 5-month elections ordeal – President Ali

OilNOW -
As a result of the electoral impasse which delayed the swearing-in of the new government in Guyana by five months, investor confidence and trust in the new oil producing country has been severely damaged according to its new President,...
News

Record-setting Stena Carron reaching previously un-drillable depths

OilNOW -
The Stena Carron drill ship is writing itself into the history books with a string of successful discoveries offshore Guyana, demonstrating its industry leading performance technology, making it ideal for drilling in dynamic environments such as the 6.6 million...
News

Harvey Gulf achieves milestone with first ‘triple-fuel’ vessel

OilNOW -
US-based marine transport company Harvey Gulf International Marine said on Wednesday that it became the first and only company in the United States to own and operate a “Tri-Fuel” vessel, as well as a vessel bunkering facility, selling both...
News

Guyana maritime authority to be realigned for oil and gas sector

OilNOW -
Guyana’s Minister of Public Works, Juan Edghill, on Wednesday announced that the Maritime Administration Department (MARAD) will be realigned and repositioned to better serve the South American country’s emerging oil and gas sector. “The immediate task of the administration within...
News

ExxonMobil launches Alexa fuel payment in U.S

OilNOW -
ExxonMobil has made paying for fuel through voice commands with Amazon's Alexa possible at more than 11,500 stations in the United States. Customers with Alexa-enabled vehicles, Alexa-enabled devices like Echo Auto, or simply the Alexa app on Android or iOS, can...
News

Guyana’s astronomical growth projections based on development of its massive oil fields – Deygoo-Boyer

OilNOW -
Despite the challenges of the COVID-19 pandemic and recent political uncertainty surrounding its elections, Guyana is still projected by the International Monetary Fund (IMF) to be the fastest growing economy in the world this year.    “Oil and gas is...
News

No backtracking of spending by ExxonMobil in Guyana – API’s Chief Economist

OilNOW -
The continuation of exploration and production activities offshore Guyana means that the South American country has not seen a backtracking of spending by ExxonMobil as has been the case with other oil majors in various parts of the world. This...
News

Trinidad & Tobago reports significant fall in natural gas production

OilNOW -
Trinidad and Tobago’s Ministry of Energy and Energy Industries on August 11 reported that the Country’s natural gas production plummeted in June to its lowest level since 2016 averaging a mere 3.110 billion standard cubic feet per day (Bscf/D). The...
News

U.S. seizes websites that facilitated multi-million dollar fuel shipment between Iran and Venezuela

OilNOW -
The United States Justice Department on Friday announced the seizure of three websites used by what it described as “‘three front companies” - Mobin International, Sohar Fuel, and Oman Fuel, that arranged a multimillion dollar fuel shipment by the...
1...683684685...1,031Page 684 of 1,031

Latest News

NewsOilNOW -

Exxon, partners recover US$6.6 billion in Guyana oil costs in first half of 2025 – Finance Ministry reports

ExxonMobil and its partners recovered about US$6.6 billion in costs from Guyana’s oil sector in the first half 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