News

News

EU strikes deal on carbon market reform

OilNOW -
BRUSSELS (Reuters) - European Union negotiators agreed to a compromise on carbon market reforms on Thursday, with the bloc keen for a deal this week to show leadership at U.N. climate talks in Bonn. Agreement was reached early on Thursday...
News

ConocoPhillips aims to plug $5.5 billion/year in capital projects

OilNOW -
(Reuters) - ConocoPhillips (COP.N), the largest U.S. independent oil and natural gas producer, said on Wednesday it will spend an average of $5.5 billion annually for the rest of the decade on capital projects as long as oil prices...
News

‘Iwokrama collaboration fits with our core value of science, protecting the environment’ – Exxon

OilNOW -
ExxonMobil Country Manager in Guyana, Rod Henson, says collaborating with Iwokrama International Centre is in keeping with the company’s core value of science and protecting the environment. Henson was at the time speaking to a number of persons gathered on Wednesday evening...
News

Presidential advisor believes oil contract should be disclosed, ‘signing bonus’ audited

OilNOW -
Presidential Advisor on Petroleum in Guyana, Dr. Jan Mangal, believes that in the interest of transparency and accountability, all resource agreements, including the petroleum contract between ExxonMobil and the South American country, should be made public. In an interview with...
News

Strong production at Jubilee, TEN pushes Tullow’s forecast up

OilNOW -
Tullow Oil plc has upgraded its production forecast for West Africa following strong output at the Jubilee and TEN oil fields. The full year 2017 West Africa net oil production guidance, including production-equivalent insurance payments, has been revised upwards to...
News

Exxon injects US$300,000 into Iwokrama science programme

OilNOW -
The Iwokrama International Centre will soon re-launch its Science Programme with support from ExxonMobil by way of a US$300,000 (G$62M) charitable contribution. The initial contribution from ExxonMobil will support the establishment of the Iwokrama Science Committee and commission initial research,...
News

Plexus gets green light to sell subsidiary to TechnipFMC

OilNOW -
Plexus Holdings PLC (LON:POS) has confirmed that the proposed sale of a subsidiary business to TechnipFMC will go ahead after shareholders backed the deal. TechnipFMC has been awarded a contract by ExxonMobil for the engineering, manufacture and delivery of the...
News

World Bank, Norway back Ghana O&G capacity program

OilNOW -
The World Bank and government of Norway are funding an Accelerated Oil and Gas Capacity Program spearheaded by the West African country’s Ministry of Energy, aimed at equipping Ghanaians with the skills and competences required by the oil...
News

Exxon, Hess and Nexen plug US$50,000 into Guyana Hurricane relief efforts

OilNOW -
ExxonMobil and its joint venture partners, Hess and CNOOC Nexen today donated US$50,000 (G$10M) to Guyana’s hurricane relief efforts for territories across the Caribbean which were devastated by Hurricanes Irma and Maria. A statement from the Ministry of the Presidency...
News

‘We must have a thorough understanding of our basin’ – Trotman

OilNOW -
Guyana’s Minister of Natural Resources Raphael Trotman has described the task of preparing the country’s institutions and legislative frameworks for the oil and gas sector as “monumental.” He was speaking last evening at the opening ceremony for the GTW Guyana...
1...917918919...967Page 918 of 967

Latest News

EditorialOilNOW -

Special Editorial: Maduro’s bully tactics won’t get him another face-to-face with Ali 

The following is an opinion editorial by Shikema Dey, Research and Content Developer at OilNOW, and a seasoned Journalist...

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