News

News

CNOOC wants China to speed up reform of fuel pricing

OilNOW -
Chinese operator CNOOC Ltd, a joint venture partner together with ExxonMobil and Hess in the Stabroek Block offshore Guyana, is calling on Beijing to speed up the liberalisation of its retail fuel pricing scheme as high diesel and gasoline...
News

“It’s not all about oil…it’s about investing in Guyanese” – TOTALTEC

OilNOW -
As the oil age dawns on Guyana in 2020, there is little time to prepare the hundreds of Guyanese that need to be trained in the basics of Oil and Gas and to obtain the necessary certifications that provide...
News

Noble drillship equipped with fail-safe mechanism to keep vessel in position during an emergency

OilNOW -
With no physical anchor embedded in the sea floor, the Noble Bob Douglas drillship currently searching for oil off the Guyana coast remains in position through the use of a sophisticated computerized system controlled and monitored around the clock...
News

Guyanese among crew poised to embark on historic drill campaign aboard Noble Bob Douglas

OilNOW -
Currently positioned approximately 88 nautical miles off the Guyana coast in the deep blue waters of the Atlantic Ocean, the Noble Bob Douglas hovers above the 13th well being drilled by ExxonMobil in the Stabroek Block. The US oil...
News

Laid-off sugar workers finding hope in Guyana’s petroleum industry

OilNOW -
Several sugar workers who lost their jobs when estates began closing in Guyana last year have now been given a second chance at acquiring new skills and gaining employment in the oil and gas industry through the operations of...
News

Curtain drawn back on the energy giant that makes more profit than all of Big Oil combined

OilNOW -
For the first time in 40 years Saudi Aramco numbers have been revealed — and they are huge — in fact the world’s biggest For four decades the financial performance of Saudi Aramco has been one of the biggest secrets...
News

Oil falls after Trump criticizes OPEC for artificially high prices

OilNOW -
(Reuters) - Oil prices fell on Friday after U.S. President Donald Trump criticized OPEC and said oil prices were artificially high, but they were still set for a weekly gain. Brent crude oil futures LCOc1 were at $73.01 per barrel...
News

Ranger and Pacora discoveries among 6 CNOOC made for Q1 2018

OilNOW -
CNOOC Limited achieved total net production of 120.1 million barrels of oil equivalent for the first quarter of 2018, representing an increase of 0.8% year over year. According to a statement from the company, production from offshore China decreased...
News

Despite chaos oil major Total says it will not leave Venezuela

OilNOW -
French oil major Total S.A. says despite declining production and immense hardships it will remain in Venezuela. The South American oil producing nation has tumbled into an economic and social crisis, with millions suffering food and medicine shortages. Since last...
News

Int’l experts say frontier countries offer ‘favourable fiscal terms’ to secure oil deals

OilNOW -
It is not uncommon for countries with little or no proven oil reserves to offer prospective investors favourable fiscal terms in an effort to kick-start their petroleum ambitions says the International Monetary Fund (IMF), Norway-based industry analyst, Rystad Energy...
1...933934935...1,037Page 934 of 1,037

Latest News

ExplorationShikema Dey -

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door programme

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the...

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