News

News

Staatsolie, TT oil company enter production sharing contract for Nickerie block

OilNOW -
Staatsolie Maatschappij Suriname N.V. and Trinidad and Tobago’s Decker Petroleum Marketing Co. LTD, have signed a production sharing contract for the Nickerie block. Decker will explore the Nickerie block for oil and gas. The duration of the contract, signed on...
News

Chevron looks for a way out from U.S.’s Venezuela oil sanctions

OilNOW -
(Bloomberg) Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business in oil-rich Venezuela where President Donald Trump has been pushing for regime change. Chevron executives have been telling local staff that the company expects...
News

Oil revenues can place Guyana on sustainable development pathway – Dr. Bynoe

OilNOW -
Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe said the sustainable development of Guyana’s hydrocarbon discoveries and the revenues it will generate have the potential to place the country on a sustainable development pathway.  According to a...
News

Canje explorers not contacted in ‘oil blocks probe’; says all laws were followed in application for acreage

OilNOW -
As more stakeholders continue to speak out regarding an apparent investigation being conducted by an anti-corruption agency in Guyana over the award of oil blocks in the lead up to the 2015 national elections, two partners in the Canje...
News

Former Guyana President says no illegality surrounds award of oil blocks; calls probe ‘political ploy’

OilNOW -
Guyana’s former President, Donald Ramotar, who held direct responsibility for petroleum at the time offshore oil blocks, which are currently the subject of an anti-corruption probe, were awarded, is calling the investigation a political ploy designed to distract from...
News

US Gulf of Mexico oil production on track to set new records

OilNOW -
Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, according to Rystad Energy. Thanks to an impressive sprint, Royal Dutch Shell has started producing oil and gas at its Appomattox...
News

Energy department says oil benefits for Guyanese is top priority

OilNOW -
Guyana’s Department of Energy (DE) says it stands firmly by the deadline of June 2019 for the finalization of a local content policy framework, which will serve to ensure the people of Guyana benefit from the multi-billion barrel petroleum...
News

Brazil’s subsalt frontier sets output records in April

OilNOW -
(S&P Global Platts) Brazilian state-led oil and natural gas producer Petrobras set fresh daily and monthly records for output from ultra-deepwater fields in the country's offshore subsalt frontier in April and May, capping a 10-year run since first oil...
News

Fugro acquires vessel for hydrographic surveys in Guyana

OilNOW -
Dutch engineering firm Fugro, which has partnered with Guyanese firm Ground Structures Engineering Consultants Inc., has purchased a new vessel which they will use to conduct hydrographic surveys along Guyana’s coast. Marine Operations Manager for Fugro Guyana, Doug Chapman, gave...
News

Trinidad and Tobago inks new LNG deal with Shell

OilNOW -
(CMC) — The Government of Trinidad and Tobago on Wednesday signed a new energy agreement with Shell at the energy company's headquarters in Netherlands. Prime Minister Dr Keith Rowley joined Ben van Beurden, Chief Executive Officer of Royal Dutch Shell...
1...816817818...1,017Page 817 of 1,017

Latest News

NewsOilNOW -

Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali,...

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