News

T&T’s NGC signs energy agreement with Grenada’s CPG

The National Gas Company (NGC) of Trinidad & Tobago has finalised a commercial agreement with the Global Petroleum Group (GPG) operating in Grenada, according to an article in the OECS Business Focus. The agreement is said to mark a major...

Fmr US President’s intervention led to O&G discussions between Guyanese President and Opposition Leader

Former President of the United States James Earl Carter, commonly referred to as Jimmy Carter has contacted the Guyanese Head of State David Granger and Leader of the Opposition Bharrat Jagdeo in relation to matters regarding the emerging Oil...

Guyanese companies making progress in preparation for first oil – CLBD Director

Guyanese businesses have improved their systems and are successfully joining the supply chain for the South American nation’s emerging petroleum industry. So says Project Director of ExxonMobil Guyana's Center for Local Business Development (CLBD) Patrick Henry who disclosed that over...

Brazil to aid Guyana in governance of O&G

The Brazilian and Guyanese governments will be cooperating for the development of Guyana’s Oil and Gas (O&G) industry. In an exclusive interview with OilNOW on Thursday, July 19, Guyana’s Minister of Foreign Affairs Carl Greenidge revealed that his country’s southern...

Businesses urged to diversify with emergence of O&G

Guyana is enjoying great prospects with its emerging Oil and Gas (O&G) industry and while businesses are excited to tap into the sector, they are being urged to diversify. This advice is coming from the Executive Director of Rhics Technology,...

Norway oil workers, employers reach deal to end strike

Norwegian drilling rig workers will end their industrial action after the union representing 1600 striking employees reached a deal with the group acting for their employers, the parties said on Thursday, according to a report in Upstream. The strike began...

ExxonMobil leverages IBM Cloud to help transform Speedpass+

IBM (NYSE: IBM) on Thursday announced that ExxonMobil, the largest publicly traded international oil and gas company, has been using the IBM Cloud as the foundation for their Speedpass+™app. The mobile app delivers greater levels of personalization, efficiency and security...

Chamber to stage two-day Business Development Forum

The Georgetown Chamber of Commerce and Industry (GCCI) will be staging a two-day Business Development Forum (BDF) which is intended to provide a platform for the growth of businesses in Guyana. The BDF was originally conceptualized as a forum for...

Guyanese firm developing O&G app for ExxonMobil business centre

ExxonMobil Guyana’s Center for Local Business Development (CLBD) is in the process of developing an online application to provide an ease of access for Guyanese businesses operating in the Oil and Gas (O&G) sector. This was revealed by CLBD Project...

BHP makes gas discovery in Trinidad

Australia-based BHP has announced that the Victoria-1 exploration well in Trinidad and Tobago encountered gas and the Samurai-2 well in the US Gulf of Mexico encountered hydrocarbons in multiple horizons. The Victoria-1 well was drilled using the drillship Transocean Deepwater...

Latest News

Guyana and global oil exports marked safe as US market tariffs hit other industries

By Alana Nadir The energy industry was marked safe from sweeping tariffs announced this week by U.S. President Donald...