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Persad-Bissessar accuses T&T Prime Minister of incompetence in oil sector

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On the eve of Trinidad and Tobago’s government signing agreements with Shell and a number of other oil companies, former Prime Minister Kamla Persad-Bissessar has lashed out against her successor Dr Keith Rowley accusing him and his government of...
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Oil spill response advisor impressed with Guyana volunteer team

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The level of interaction and involvement of more than 40 Guyanese who participated in a recent oil spill response (OSR) training workshop has been lauded by Exxon Mobil Corporation OSR Advisor, Thomas Tomblin, who said the class even surpassed...
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US pledges support to Guyana as country preps for first oil

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The United States of America stands ready to assist the South American country of Guyana in its efforts to ensure the proceeds from oil production benefit all Guyanese. In a message on the occasion of Guyana’s 53rd independence anniversary celebrations,...
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Despite political uncertainty in Guyana oil development remains intact – Morgan Stanley

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US multinational investment bank, Morgan Stanley, believes that oil development plans in the South American country of Guyana remain intact despite political uncertainty and a recent report pointing to anti-corruption investigations into the award of oil blocks. In a...
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TT to sign new agreement with Shell

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Trinidad and Tobago is scheduled to sign a new agreement with oil and gas giant Shell next week. According to a report in Loop, Prime Minister Dr Keith Rowley will lead a Government delegation which will include Ministers from the Ministry...
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Japanese O&G Master Plan plugs refining capacity, LNG plant for Guyana

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Officials of Mitsubishi Corporation met with business representatives in Guyana on Thursday to discuss the final report of the Oil and Gas Master Plan for Guyana (OGMP), a collaborative effort between the Guyana government and Japan. The group met with...
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CNOOC Limited’s Appomattox Field in GoM commences production

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CNOOC Limited announced on Thursday that the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule. The company said in a press release that the Appomattox Field is located approximately 128 kilometers southeast of...
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Oil suffers worst day of 2019 as trade turmoil swamps confidence

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(Bloomberg) - Oil spiraled to its worst daily performance of the year as mounting trade tensions between the world’s biggest economies sent investors fleeing from risky assets. Futures in New York fell almost 6% on Thursday for the steepest decline...
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Guyana opposition pushing bipartisan management of oil sector

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With the South American country of Guyana just months away from first oil and possible early election, the main opposition party says it would like to see measures being put in place to ensure the country’s emerging petroleum sector...
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SARA says ‘can’t confirm nor deny’ report on oil blocks investigation

OilNOW -
Guyana’s State Asset Recovery Agency (SARA) is not yet providing any information on a Bloomberg report published on Wednesday in which the head of the agency is quoted as saying a probe is underway regarding the award of offshore...
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Hammerhead gas to flow through pipeline as soon as project starts

Gas from ExxonMobil’s newly sanctioned Hammerhead development will begin flowing immediately through Guyana’s Gas-to-Energy (GtE) pipeline once production starts...

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.

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