News

News

Oil money will go towards savings, infrastructure and social programmes – Trotman

OilNOW -
A percentage of revenue from oil production in Guyana will go towards savings via the Sovereign Wealth Fund (SWF) and investments will be made in a raft of social and infrastructural programmes which the country’s government believes will help...
News

US expands travel ban to include Venezuela

OilNOW -
(BBC) The United States has expanded its controversial travel ban to include people from North Korea, Venezuela and Chad. The White House said the restrictions follow a review of information sharing by foreign governments. Donald Trump issued a presidential proclamation late...
Exploration

Total, Chevron enter deepwater pact covering 16 blocks

OilNOW -
Total announced Friday that its subsidiary, TOTAL E&P USA, INC., has entered into an agreement to capture 7 prospects operated by CHEVRON U.S.A. INC. in the deepwater Gulf of Mexico. The agreement covers 16 blocks. The associated prospects are located...
News

OPEC keeps oil market guessing over further production cuts

OilNOW -
(Bloomberg) - Ministers from OPEC and its allies look set to keep everyone waiting longer for confirmation of further action to rebalance the oil market, sending conflicting signals on whether they’ll discuss extending or deepening supply cuts in Vienna...
News

Newly trained Guyanese urge countrymen to acquire skills in oil & gas

OilNOW -
Fourteen Guyanese departed the South American country for neighboring Trinidad and Tobago in August for what has been a life-changing experience developing skills and expertise for work in the oil and gas industry. Hands-on exposure to the marine work environment...
News

Exxon Houston facilities back in operation after Harvey disaster

OilNOW -
ExxonMobil said today that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey. Offshore production...
News

Head of Exxon briefs Guyana President on first oil preparations

OilNOW -
President of ExxonMobil Corporation, Stephen Greenlee says the company is pleased with its level of investment in Guyana and its working relationship with the South American country’s Government. Greenlee met with Guyana’s President David Granger in New York on the sidelines of...
News

Belize halts oil purchases from Venezuela’s PDVSA

OilNOW -
Belize Energy Limited (Apbel) will not purchase any oil derived product within Petrocaribe’s framework. The company made this announcement on September 17, after alleging the escalation of issues from PDVSA due to a breach of contract. “We are indeed very...
News

Caribbean oil terminals make preparations ahead of Hurricane Maria

OilNOW -
(Reuters) - Several Caribbean oil storage terminals that temporarily closed ahead of Hurricane Irma earlier this month have started making preparations in case they have to shut again due to Hurricane Maria, which was a rare Category 5 storm...
News

Guyana’s push to ease power generation deficiency with natural gas production gains momentum

OilNOW -
Guyana’s push for the production of Liquefied Natural Gas and its use to alleviate a decades-old power generation deficiency in the South American country is gaining momentum. The first in a series of continued discussions on commercial and power generation...
1...961962963...997Page 962 of 997

Latest News

NewsOilNOW -

Guyana Electric boosts grid reliability with specialized high-voltage training

Guyana Electric has launched specialized training courses in medium and high-voltage cable terminations and joints, aimed at improving installation...

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