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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

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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...
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Latest News

Guyana's Oil LedgerKemol King -

Guyana oil production averaged 608,000 b/d in first 10 months of 2024

Crude oil production at the ExxonMobil-operated Stabroek Block averaged 608,000 barrels per day (b/d) in the first 10 months...

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