News

News

Guyana Shore Base is now a 24hr facility employing 94% locals

OilNOW -
Majority Guyanese-owned port company – Guyana Shore Base Inc. (GYSBI) has moved from operating on a 12-hour basis employing just a handful of Guyanese to what is now a 24-hr facility with a 94% local workforce. Muneshwers Limited, Pacific Rim...
News

Brazil + OPEC forever? Hold off on those wedding invites says Rystad Energy

OilNOW -
At an October forum in Saudi Arabia, Brazil’s president Jair Bolsonaro suggested that he would like to see Brazil join OPEC. If such a marriage were to come to fruition, OPEC would be the clear winner and Brazil the...
News

Noble Don Taylor sails into Stabroek Block

OilNOW -
The drillship Noble Don Taylor has arrived offshore Guyana to begin a one-year contract for drill campaigns at the Stabroek Block, operated by US oil major ExxonMobil, with co-venturers Hess and China’s CNOOC. The Noble Don Taylor brings the total number...
News

Texas oil explorers say predictions of growth contradict dire reality

OilNOW -
(Bloomberg) Texas wildcatters, after years eye-rolling at shale skeptics, are now saying global analysts are underestimating just how severe the industry’s slowdown is. What’s ticking folks off these days is how the International Energy Agency in Paris and the Energy...
News

TT gas shortage chipping away at country’s industrial base

OilNOW -
Trinidad and Tobago's industries regulator is warning that a natural gas shortage is slowly chipping away at the country's industrial base. James Lee, executive director of the regulated industries commission, told Argus on the sidelines of a gas conference that the planned...
News

Former Jamaica PM set to speak at dinner hosted by business chamber in Guyana

OilNOW -
  Former Prime Minister of Jamaica, Portia Simpson-Miller, will deliver the keynote address at the Georgetown Chamber of Commerce and Industry’s (GCCI) Annual Awards Presentation and Dinner on Thursday, November 28. The event, set to take place at the Guyana Marriott...
News

Wealth, education and infrastructure funds key to Guyana’s success as an oil producer – Rystad Energy

OilNOW -
Norway’s success as an oil producer has been based largely on the country’s push to diversify the economy and not use oil revenues to underpin all other industries in the country. This approach, if taken by Guyana, will see...
News

Brazil subsalt production-sharing fields to pump 3.9 million b/d by 2031: management company

OilNOW -
Output from oil fields in Brazil’s subsalt frontier covered by production-sharing agreements will surge over the next decade to 3.9 million b/d by 2031, surpassing the country’s current total output of about 2.9 million b/d, the head of government...
News

Guyana prospects take centre stage at London Oil Talk

OilNOW -
The CASS Business School of the City of London in collaboration with the High Commission of Guyana and the London Business School's Energy Club held a well-attended discussion on Guyana’s oil discovery and its green future on Monday November...
Exploration

Tullow’s final drill target at Orinduik crucial to campaign

OilNOW -
(Petroleum Economist) The final drilling target of the year for Anglo-Irish independent Tullow has become more pivotal following the company’s revelation that crude from its offshore Guyana discoveries is heavier and more sulphurous than expected. Tullow’s share price had been...
1...738739740...983Page 739 of 983

Latest News

NewsOilNOW -

Guyanese soldiers repeatedly attacked by armed men on Venezuelan shore during river patrols on Wednesday

The Guyana Defense Force (GDF) said on Thursday that its troops came under attack by armed men in civilian...

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