News

News

TOTALTEC graduates urged to be uncompromising with safety

OilNOW -
TOTALTEC Oilfield Services Guyana Inc. on Monday held a graduation ceremony for its first batch of oilfield operators who are now equipped with world class capacity to work in the oil and gas industry. The TOTALTEC Academy Oilfield Safety &...
News

CNBC: Oil prices could soon ‘spike’ toward $100

OilNOW -
OPEC kingpin Saudi Arabia is determined to keep oil prices trading around current levels, one strategist told CNBC on Monday, but a total shutdown in Venezuelan production could soon prompt crude futures to skyrocket toward $100 a barrel. Prices in the oil market have been...
News

Oil prices fall as supply from top 3 producers set to rise

OilNOW -
(Reuters) - Oil prices dropped on Monday on signs that output from the three top crude producers, Russia, the United States and Saudi Arabia, would climb to meet concerns about supply amid strong demand. Brent crude futures were at $76.02...
News

Regulators should be politically and financially independent says head of Mexico’s ASEA

OilNOW -
Executive Director of Mexico’s National Agency for Industrial Safety and Environmental Protection of the Hydrocarbons Sector, Carlos De Regules Ruiz Funes says Guyana has the unique ability of “getting it right from the start” but key to this is...
News

Guyana must strengthen legislative framework to fight corruption – Political Risk Analyst

OilNOW -
It is of critical importance that with just two years away from ‘first oil’ the Government of Guyana focuses on strengthening its legislative framework so that it can effectively fight corruption. This is the advice being shared by Thiago de...
News

BP continues to build on success of 2017

OilNOW -
(Forbes) At last week’s AGM held at Manchester Central Convention Complex, Bob Dudley, BP group chief executive took the opportunity to extol the company’s progress this year. The highlight was the start of seven major projects on time and...
News

Guyana expected to play key role in South America’s petroleum output over next decade

OilNOW -
South America’s oil and gas output is expected to stay rather flat over the next five years, increasing to around 11.7 million barrels of oil equivalent per day (boe/d) by 2025, says Norway-based Rystad Energy. The declining production from...
News

Darren Woods’ solution on shares: drill big, drill better

OilNOW -
(Bloomberg) -- Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil Corp. from its share-price slump with a multi-billion-dollar investment spree that’s at odds with the belt-tightening undertaken by rivals. Woods’ solution, outlined in a Wednesday...
News

ExxonMobil aiming to curb gas flaring by 25% in less than 2 years

OilNOW -
US oil major ExxonMobil said on Wednesday it intends to cut back on natural gas flaring by 25% and methane emissions by 15% in less than two years. The announcement is part of the company’s greenhouse gas reduction measures which...
News

Except for Venezuela Latin America O&G outlook stable says Moody’s

OilNOW -
The outlook for the Latin American oil and gas industry is stable, Moody's Investors Service says in a new report. Over the next 12 to 18 months, favorable economic and regulatory environments will support solid operating results for the...
1...886887888...999Page 887 of 999

Latest News

NewsShikema Dey -

More Guyanese technicians graduate from FacTor training program 

SBM Offshore Guyana’s Trainee Technician program churned out another 24 Guyanese graduates, who are now one step closer to...

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