West Texas Intermediate crude oil traded up 1.6% at $46.94 a barrel after weekly US Energy Information Administration inventory data showed a bigger drawdown than expected.
US inventories fell by 5.25 million barrels during the week ended May 5. Economists were anticipating a...
During a recent state visit by Guyanese officials to the United Kingdom, British investors signalled their intention to invest in Guyana’s oil and gas sector. Late April, First Vice President and Minister of Foreign Affairs, Carl Greenidge accompanied Guyana's...
Guyanese business operators looking to provide services in the oil and gas supply chain are being urged to register their interest via an online portal open to the public.
Esso Exploration and Production Guyana Limited (EEPGL) has established a supplier...
As excitement among Guyanese continue to rise about the prospect of the country becoming a major oil producer, the government is encouraging an atmosphere of cautious optimism in face of falling oil prices and global oversupply of the commodities...
ExxonMobil has awarded a new Engineering, Procuring, Construction and Installation (EPCI) contract to Saipem for the Subsea Umbilicals Risers Flowlines (SURF) package of the proposed Liza project that Esso Exploration and Production Guyana Limited is operating together with joint...
(Bloomberg) -- Venezuela would be hit from two directions if the U.S. were ever to impose oil-related sanctions against the South American nation where at least 30 have died in anti-government protests in the past month. American drivers may...
Guyana’s Ministry of Natural Resources; the agency responsible for the country’s extractive sector, has commenced filling vacancies for the Petroleum Department within the Ministry, with the appointment of a Deputy Director in the person of Mr. Nicholas Chuck-A-Sang.
OilNOW learnt...
Guyana today moved one step closer to tightening its legislative regime governing the oil and gas sector, when Minister of Natural Resources, Raphael Trotman, presented to the National Assembly, the Petroleum Commission of Guyana Bill 2017–to provide for the...
ExxonMobil and its employees contributed more than $50 million to institutions of higher education across the United States in 2016 as part of the ExxonMobil Foundation’s 2016 Educational Matching Gift Program, the company announced today.
Employees, retirees, directors and surviving...
(BBC) A top Vietnamese official has been sacked for "violations" while running national oil and gas firm PetroVietnam, in a rare public censure by the ruling Communist Party.
The government said on Sunday that Dinh La Thang, 57, was no...
