News

News

Energy Department prepping for Guyana oil bonanza

OilNOW -
Guyana’s newly established Department of Energy (DoE) is currently looking at a series of capacity building initiatives that will allow it to better meet its’ objectives in the country's emerging oil and gas sector. Since 2015, US oil major ExxonMobil...
News

Tullow looking to strike oil offshore Guyana next year

OilNOW -
Independent oil explorer Tullow is confident of stronger crude output next year due to increased drilling in its West African assets and hopes to strike oil at its block in Guyana, exploration director Angus McCoss told S&P Global Platts. Tullow...
News

Persad-Bissessar makes impassioned plea for Guyana to avoid mistakes made by TT

OilNOW -
Speaking to a room packed to capacity at the Pegasus Hotel in Georgetown, Guyana on Thursday evening, Trinidad and Tobago’s Opposition Leader and former Prime Minister, Kamla Persad-Bissassar urged Guyana to avoid some of the mistakes made by her...
Exploration

Guyana halts issuance of exploration licenses for one year

OilNOW -
As the Guyana Government’s Energy Department works to increase its capacity, update legislation and have a better understanding of the local and global petroleum sector, it has put a moratorium on the granting of new exploration licenses. This was disclosed...
News

Local content framework in Guyana to be in place “long before first oil” – Dept. of Energy

OilNOW -
“We are confident that there will be a Local Content framework long before first oil.” This assurance was given by Director of the Department of Energy, Dr. Mark Bynoe as he addressed media operatives at his first press conference...
News

Bynoe says gov’t will honor ExxonMobil contract even as it looks to design new model PSA

OilNOW -
Speaking at his first official press conference since assuming office, Head of Guyana’s Department of Energy, Dr. Mark Bynoe told reporters on Thursday, at the Ministry of the Presidency, that any review of the Production Sharing Agreement (PSA) between...
News

TT Opposition Leader set to deliver oil and gas speech in Guyana

OilNOW -
Trinidad and Tobago’s Leader of the Opposition and Political Leader of the United National Congress (UNC) Mrs Kamla Persad Bissessar will be the feature speaker at the 23rd Awards Presentation and Dinner hosted by the Guyana Manufacturing & Services...
News

“We in Canada are here to help you not exploit you” – High Commissioner Chatterjee

OilNOW -
Canadian High Commissioner to Guyana Lilian Chatterjee sees a bright future ahead for the soon-to-be oil producing South American country and is making it clear that Canada is looking to help and not exploit Guyana. Speaking at the launch of...
News

Iran says difficult days ahead for oil consumers around the world

OilNOW -
Iran’s oil minister said on Tuesday that U.S. sanctions on Iranian crude exports mean difficult days for oil consumers worldwide, adding that waivers issued by Washington to eight importing countries will not satisfy market demand, Reuters said in a...
News

ExxonMobil urges women to prepare for opportunities in oil and gas

OilNOW -
Women entrepreneurs have been urged to educate themselves on the oil and gas sector so that they can be best prepared to tap into business opportunities that will emerge as Guyana becomes a major oil producer. This call was issued...
1...859860861...1,017Page 860 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