News

News

EPA expects full consultation as Guyana gears up for oil production

OilNOW -
With oil production set to begin in Guyana by 2020, the country’s Environmental Protection Agency (EPA) said it expects to be fully consulted on environmental management and sustainable use of the South American nation’s natural resources. EPA’s representative, Aminah Damon,...
Exploration

Hess to plug US$475M into Stabroek block offshore Guyana this year

OilNOW -
Hess Corporation will plug a total of US$475M into development and drilling activities on the Stabroek block, located 120 miles offshore the coast of Guyana this year. The now world-famous oil field is home to the Liza and other...
Discoveries

Exxon to carry out exploratory work in newly acquired Kaieteur block, drilling to begin at Liza-4 well

OilNOW -
US oil major ExxonMobil will soon begin preliminary exploration work in the Kaieteur block, an area adjacent to the Stabroek block offshore Guyana, which the company recently acquired. Drilling will also commence at the Liza-4 well in the eastern...
News

BP starts up onshore compression project in T&T

OilNOW -
BP Trinidad and Tobago LLC (bpTT) announced on Thursday the start-up of the Trinidad onshore compression (TROC) project - one of seven major upstream projects BP expects to bring online in 2017. Full start-up will take place over the next...
News

Guyana Oil Find: Petroleum Bill for Select Committee

OilNOW -
GEORGETOWN, Guyana - The Petroleum Commission of Guyana Bill 2017 - the legal architecture for the Petroleum Commission of Guyana – is set to be taken to a Special Select Committee following its tabling in the National Assembly. The Bill,...
Exploration

Oil Finds: Guyana’s PM says country guarding against “sleaze, malfeasance”

OilNOW -
The Guyana government is forging ahead to establish laws and the essential framework necessary to ensure transparency and accountability at all levels within the emerging oil and gas sector. The country’s Prime Minister, Moses Nagamootoo, recently outlined ongoing initiatives, which...
Discoveries

Former Alberta Premier urges full transparency in Guyana’s oil & gas industry

OilNOW -
During the recent inaugural Oil and Gas Conference and Exposition hosted by the Guyana Oil and Gas Association (GOGA), held at the Guyana Marriott Hotel in Georgetown, (March 26-28, 2017) participants (including various stakeholder groups and Government Officials) were...
News

Guyanese being urged to guard against bogus oil & gas learning institutions

OilNOW -
Authorities in Guyana are urging citizens to guard against signing up for oil and gas academic programmes being offered by institutions with no legal standing. In a statement on Saturday, the country’s Ministry of Natural Resources said it is urging...
News

Oil prices rise to one-month high

OilNOW -
The price for oil on the global market rose on Tuesday to an almost 1-month high with Brent futures increasing by US$1.05, or 2 percent, settling at US$54.17 per barrel. This increase comes on the heels of an unplanned production...
Discoveries

Guyana welcomes the announcement made today by ExxonMobil – Ministry of Natural Resources

editor -
The Ministry of Natural Resources today issued a press release in response to the announcement made by ExxonMobil regarding the discovery of more than 82 feet (25 meters) of high-quality, oil-bearing sandstone reservoirs at their Snoek well. The text of the...
1...934935936Page 936 of 936

Latest News

NewsKemol King -

Guyanese companies to fabricate over 300 tonnes of steel for Jaguar FPSO

Three skilled Guyanese companies have cinched contracts to conduct specialized fabrication services with a view to deliver more than...

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