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Smaller capacity refinery now may lead to bigger problems later; expert tells Guyanese business operators

OilNOW -
While there continue to be calls for the establishment of a smaller, less-costly oil refinery in Guyana, the expert hired to consider the matter of building a refinery in the country warns this could spell trouble down the road. Director...
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UK-based Professor to deliver lecture in Guyana on challenges in oil and gas

OilNOW -
Professor Jorge Manuel Guira of the UK-based University of Reading will be in Guyana on Thursday May 25, to deliver a lecture entitled ‘Paradise Found in Guyana? Meeting the Challenges of Oil and Gas Exploration and Production’. OilNOW understands the lecture...
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Guyanese and Dutch company forging ahead with new partnership in oil & gas sector

OilNOW -
Guyanese firm, Ground Structures Engineering Consultants Inc. and Dutch company, Fugro, are forging ahead with a new partnership in the South American country’s emerging oil and gas sector. Already, several Guyanese are receiving specialized training in sea survival and...
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Private sector group wants to study model used by Pedro Haas in his refinery analysis

OilNOW -
A key private sector body in Guyana has asked the minister responsible for natural resources, Raphael Trotman, to provide it with the model used by consultant, Pedro Haas, which led him to conclude that setting up a refinery in...
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Maritime border dispute delaying Tullow oil drilling operations in Ghana

OilNOW -
Tullow Oil says plans are underway to resume drilling next year to boost output at its Tweneboa, Enyenra, Ntomme (TEN) field once the maritime dispute between Ghana and The Cote d’Ivoire is resolved. Mr Charles Darku, the Tullow Ghana Managing...
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More persons named for Guyana’s Petroleum Department

OilNOW -
Following public advertising of vacancies for the new Petroleum Department in Guyana, the Country's natural resources ministry has commenced the process of hiring for the newly established division. The ministry confirmed that Mr Nicholas A. Chuck-A-Sang, a Petroleum Engineer and...
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Gov’t to meet with persons who submitted proposals to build oil refinery in Guyana – Trotman

OilNOW -
Even as one expert has concluded that building a 100,000 bpd capacity refinery in Guyana would not be economically feasible, the government says it is still open to examining other options and will meet with persons who have submitted...
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Setting up oil refinery in Guyana not feasible – Haas

OilNOW -
Setting up an oil refinery in Guyana will not be economically viable based on a detailed study carried out to look into the matter. Pedro Haas, Director of Advisory Services at Hartree Partners, made the disclosure today at a public...
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Advisor on oil refinery arrives in Guyana to present findings

OilNOW -
Pedro Haas, Director of Advisory Services at Hartree Partners, arrived in Guyana early this morning on Caribbean Airlines Flight 527. Mr. Hass touched down at the Cheddie Jagan International Airport (CJIA) at 6:40hrs, ahead of a scheduled 7:05hrs landing. All...
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Shell reports more than 300% increase in earnings for 1st quarter

OilNOW -
Shell has posted a more than 300 per cent rise in profits for the first quarter of the year, beating analysts' forecasts, helped by a sharp recovery in oil prices. Europe’s largest oil company said that based on a current...
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U.S. Bank confirms US$526M loan to help Guyana slash 460,000 tonnes of emissions annually

The Export-Import Bank of the United States (EXIM) confirmed that its Board approved a $526 million loan to Guyana...

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