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Exxon forged ahead despite Venezuela aggression, multiple risks – Persaud

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In addition to the routine nature and types of risks involved in petroleum exploration and production, US super-major ExxonMobil was also faced with the prospect of aggression from Venezuela while it was searching offshore Guyana for oil. Writing in his...
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Guyanese business group for Canada visit in November

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A group of Guyanese private sector representatives will be travelling to the Canadian Province of Newfoundland and Labrador to explore business opportunities in the oil and gas and supporting sectors. This was disclosed by Canadian High Commissioner to Guyana, Lilian Chatterjee,...
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Three-day Exxon facilitated oil spill course wraps-up

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Fifty persons in Guyana recently benefited from an oil spill management training course organized by ExxonMobil with support from Guyana’s Civil Defense Commission (CDC). The three-day University of Spill Management course concluded at the Splashmin’s Resort on the Linden Soesdyke...
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Made-in-Alberta action plan unveiled to protect 7,000 oil & gas jobs

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A Canadian oil and gas industry lobby group says a “made-in-Alberta solution” to reduce methane emissions rather than proposed federal regulations could mitigate the number of job losses in the province over the coming decade. According to a report in...
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Shell bets big on Brazil as oil majors snap up offshore blocks

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Oil major Royal Dutch Shell Plc won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP took two blocks and Exxon Mobil Corp one in a historic opening of the pre-salt play to foreign...
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Exxon says threat to gasolene demand from electric cars overblown

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(Bloomberg) Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown. Despite concern that electrification will render obsolete the gasolene-fueled internal combustion engine, the world’s biggest crude explorer says the 158 year-old oil industry won’t go gentle...
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Long journey to EITI country compliance now begins – Ramnarine

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While Guyana’s achievement of Extractive Industries Transparency Initiative (EITI) candidacy is an occasion for celebration, it is also important to recognize that the long journey to country compliance has just started. This is the view of Trinidad and Tobago’s former Minister...
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Indonesia’s oil and gas prospects running dry

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Nearly half a century after it was founded, Indonesia’s state-owned petroleum company Pertamina will soon face its biggest ever challenge when it takes sole operational control of the Mahakham, Indonesia’s biggest producing natural gas block situated off the east coast of...
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Spain arrests four former Venezuelan officials for U.S. probe

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(Reuters) - Spanish authorities arrested a former Venezuelan deputy minister and three former executives at Venezuelan state companies for alleged links to money laundering and international corruption, Spain’s Civil Guard said on Friday. The operation was carried out with the...
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Grenada gunning for commercial oil & gas

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Global Petroleum Group (GPG) has conducted a search for oil and gas offshore the Caribbean island of Grenada, raising hopes among the population of just over 107,000, that confirmation of a big discovery could be imminent. The New Today reports...
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High-tech seismic campaign offshore Guyana to wrap up in December

ExxonMobil Guyana will complete its latest seismic data acquisition campaign in December, marking the end of a months-long effort...

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.

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