Latest News

NewsKemol King -

Chevron’s quarterly profit drops 44% due to lower oil prices, Hess shares revalue

Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income, and a US$215 million loss...
NewsShikema Dey -

First oil from ONE GUYANA set for next week – Exxon CEO

ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and offloading (FPSO) vessel is expected...
NewsShikema Dey -

Exxon reports US$7.1 billion in Q2 earnings with highest second-quarter upstream production since Mobil merger

ExxonMobil Corporation reported second-quarter 2025 earnings of US$7.1 billion, or US$1.64 per diluted share. According to its financial report released this morning, cash flow...
OpinionsOilNOW -

Letter-to-the-Editor: Economic growth and environmental sustainability can coexist in Guyana 

Dear Editor, I am proud that Guyana has once again reached a remarkable milestone with the discovery of new fish species. This development comes at a...
NewsOilNOW -

Suriname to outpace Guyana in 2025 exploration activity – WoodMac

Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in the latest World Oil Regional...
- ADVERTISEMENT -

Trending

Latest News

NewsKemol King -

Chevron’s quarterly profit drops 44% due to lower oil prices, Hess shares revalue

Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income, and a US$215 million loss...
NewsShikema Dey -

First oil from ONE GUYANA set for next week – Exxon CEO

ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and offloading (FPSO) vessel is expected...
NewsShikema Dey -

Exxon reports US$7.1 billion in Q2 earnings with highest second-quarter upstream production since Mobil merger

ExxonMobil Corporation reported second-quarter 2025 earnings of US$7.1 billion, or US$1.64 per diluted share. According to its financial report released this morning, cash flow...
OpinionsOilNOW -

Letter-to-the-Editor: Economic growth and environmental sustainability can coexist in Guyana 

Dear Editor, I am proud that Guyana has once again reached a remarkable milestone with the discovery of new fish species. This development comes at a...
NewsOilNOW -

Suriname to outpace Guyana in 2025 exploration activity – WoodMac

Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in the latest World Oil Regional...
- ADVERTISEMENT -

Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Voices from the DrillMAX: Guyanese talent is driving offshore operations

Aboard the Stena DrillMAX, Guyanese professionals are playing key roles in keeping offshore operations in tip-top shape. In the latest edition of Energy Magazine...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Management Themes (Part 6)

Management Themes (Part 5) introduced our discussions of matters pertaining to the development and production of a petroleum discovery. We began our review with...

Local Content

NewsOilNOW -

ExxonMobil to meet Guyana vendors about its contracting processes

ExxonMobil Guyana Limited (EMGL) will host a virtual meeting with local vendors on August 19 to discuss its contracting activity and procurement procedures, according...

Regional

Latest News

NewsKemol King -

Chevron’s quarterly profit drops 44% due to lower oil prices, Hess shares revalue

Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income, and a US$215 million loss...
News

First oil from ONE GUYANA set for next week – Exxon CEO

Shikema Dey -
ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and...
News

Exxon reports US$7.1 billion in Q2 earnings with highest second-quarter upstream production since Mobil merger

Shikema Dey -
ExxonMobil Corporation reported second-quarter 2025 earnings of US$7.1 billion, or US$1.64 per diluted share. According to its financial report...
Opinions

Letter-to-the-Editor: Economic growth and environmental sustainability can coexist in Guyana 

OilNOW -
Dear Editor, I am proud that Guyana has once again reached a remarkable milestone with the discovery of new fish...
News

Suriname to outpace Guyana in 2025 exploration activity – WoodMac

OilNOW -
Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025, according to Wood Mackenzie in...
- ADVERTISEMENT -

Exploration

ExplorationOilNOW -

ExxonMobil, Shell lead high-impact exploration over five-year period as NOCs surge in 2024

ExxonMobil and Shell were the most active high-impact oil and gas explorers between 2020 and 2024, according to energy intelligence firm Westwood Global Energy...
Exploration

ExxonMobil to appraise 2022 Barreleye discovery 

OilNOW -
ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.  The operation started on April...
Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...
- ADVERTISEMENT -

Production

NewsShikema Dey -

First oil from ONE GUYANA set for next week – Exxon CEO

ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and offloading (FPSO) vessel is expected...
Guyana's Oil Ledger

Production surges at Exxon’s Liza 2 and Payara projects

Kemol King -
In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s...
- ADVERTISEMENT -

Discoveries

DiscoveriesOilNOW -

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...
Discoveries

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

OilNOW -
(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
- ADVERTISEMENT -

Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Guyana’s June oil output slipped slightly as new FPSO set to lift capacity

ExxonMobil Guyana’s oil production dipped slightly in June, averaging 664,000 barrels per day (b/d) down from 667,000 barrels in May, even as two of...

Energy Insights

Energy InsightsChevy Devonish -

New lawsuit claims that the Government of Guyana’s management of the Natural Resource Fund is unlawful and unconstitutional

A local businessman has filed a lawsuit challenging the Government of Guyana’s (GoG) management of the Natural Resource Fund (the Fund) established under the...

Sponsored Content

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 practices and network reliability. Chief...

Opinions

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