News

News

DDL partners with T&T distributor for ‘natural gas pilot’

OilNOW -
Trinidad and Tobago based ICON LNG Holdings Ltd. and local beverage giant Demerara Distillers Limited (DDL) on Wednesday formally launched their pilot project in Guyana, substituting in part, conventional fuels for cleaner Liquefied Natural Gas (LNG) for power generation. Held...
News

Non-disclosure of signing bonus not intended to deceive says Guyana President

OilNOW -
Guyana’s President David Granger told reporters on Wednesday that as Head-of-State he made the decision not to disclose the payment of a US$18M signing bonus received from ExxonMobil affiliate; Esso Exploration and Production Guyana Ltd (ESSO). Mr. Granger said setting...
News

Guyana perception of corruption score “unacceptably low” – British High Commissioner

OilNOW -
Guyana continues to record unacceptably low scores in the annual Transparency International (TI) Corruption Perceptions Index, a state of affairs that Government, in cooperation with the private sector, must collaborate to address, urges the UK’s chief diplomat in the...
News

Private sector group views police action in Guyana Parliament as threat to democracy

OilNOW -
Following upheaval in Guyana’s Parliament Chamber on Monday stemming from a Member of Parliament (MP) refusing to vacate his seat after being ordered to do so by the Speaker of the National Assembly, and the subsequent intervention by police...
News

New survey shows White House now considered most corrupt institution in America

OilNOW -
The results of a survey released Tuesday by Transparency International show that compared to early 2016 more Americans now believe corruption is on the rise in the US and that the White House is the most corrupt of nine key...
News

Fmr Guyana President says CGX Energy did not pay ‘signing bonus’

OilNOW -
Former Guyana President, Bharrat Jagdeo, has denied that Canadian Oil Exploration Company CGX Energy paid a ‘signing bonus’ to the then administration - monies that were used to pay legal fees for the Guyana/Suriname border dispute some years ago. The...
News

China winter gas binge pushes it toward number 2 LNG buyer spot

OilNOW -
(Bloomberg) China is ahead of schedule on its way to becoming the second-largest importer of liquefied natural gas. The nation, already the world’s top energy user, is on the verge of passing South Korea to become the No. 2 buyer...
News

Shell, Repsol among big names pursuing natural gas production in Bolivia

OilNOW -
(Hart Energy) Bolivia’s gas industry could begin 2018 on a positive note, following years of low exploration investment that shrank gas reserves as production increased amid less demand from its top customer Brazil. The country is working to boost investment...
News

Guyana legislators approve US$5.3M natural resources work programme

OilNOW -
Guyana’s legislators on Tuesday approved - unchallenged in the National Assembly - the Ministry of Natural Resources US$5.3M (G$1.1B) 2018 work programme of which US$145,000 (G$30M) has been allocated for oil gas related activities next year. Included in the allocations...
News

ExxonMobil makes discovery off Equatorial Guinea

OilNOW -
Fresh off its Turbot-1 well discovery in the South American nation of Guyana, ExxonMobil has made a discovery at the Avestruz-1 well drilled offshore Equatorial Guinea, though the commerciality of the find is still to be determined. The well was...
1...909910911...974Page 910 of 974

Latest News

NewsOilNOW -

Guyanese logistics companies teaming up to develop deepwater port

Muneshwers Ltd. and John Fernandes Ltd. are working through their joint venture, Cranes Guyana Inc., to bring a true...

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