Latest News

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Chinese companies among 10 groups vying to build fertilizer plant in Guyana 

Ten groups, including several Chinese companies, have submitted proposals to build Guyana’s planned ammonia and urea fertilizer plant at Wales, according to tender opening...
NewsOilNOW -

Chevron CEO: Guyana’s rise in global oil industry ‘extraordinary’

Chevron Chief Executive Officer Mike Wirth says Guyana has experienced an “extraordinary” rise as a global energy producer, outlining the country’s rapid emergence as...
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Petrobras expanding local content expectations beyond formal mandates – Rystad Energy

Petrobras is expanding local content expectations beyond formal contractual mandates in Brazil, according to a February 19 Rystad Energy analysis. In January 2025, Petrobabs had...
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Guyana moves to de-risk unexplored basin with 25,000 sq km 3D seismic survey

The Government of Guyana is advancing a large-scale offshore 3D multi-client seismic acquisition, a move aimed at reducing exploration risk across acreage south of...
NewsShikema Dey -

The last time oil prices were this high was the 2022 Ukraine war 

The last time Brent crude traded above US$100 per barrel was in 2022, when Russia’s invasion of Ukraine triggered one of the most severe...
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Trending

Latest News

NewsOilNOW -

Chinese companies among 10 groups vying to build fertilizer plant in Guyana 

Ten groups, including several Chinese companies, have submitted proposals to build Guyana’s planned ammonia and urea fertilizer plant at Wales, according to tender opening...
NewsOilNOW -

Chevron CEO: Guyana’s rise in global oil industry ‘extraordinary’

Chevron Chief Executive Officer Mike Wirth says Guyana has experienced an “extraordinary” rise as a global energy producer, outlining the country’s rapid emergence as...
NewsOilNOW -

Petrobras expanding local content expectations beyond formal mandates – Rystad Energy

Petrobras is expanding local content expectations beyond formal contractual mandates in Brazil, according to a February 19 Rystad Energy analysis. In January 2025, Petrobabs had...
NewsOilNOW -

Guyana moves to de-risk unexplored basin with 25,000 sq km 3D seismic survey

The Government of Guyana is advancing a large-scale offshore 3D multi-client seismic acquisition, a move aimed at reducing exploration risk across acreage south of...
NewsShikema Dey -

The last time oil prices were this high was the 2022 Ukraine war 

The last time Brent crude traded above US$100 per barrel was in 2022, when Russia’s invasion of Ukraine triggered one of the most severe...
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Stories Beyond the Barrel

NewsShikema Dey -

Gwen Evelyn leads Energy Guyana Magazine as sector and readership grow

Over the course of her distinguished career, veteran journalist and Editor-in-Chief Gwen Evelyn has consistently united refined professional decorum with incisive, disciplined focus.  That dedication...

Local Content

OpinionsOilNOW -

Letter-to-the-Editor: The Evolution of Local Content in Guyana

Dear Editor, The story of local content in Guyana is, in many ways, the story of our economic coming of age. What began as a...

Rules of the Game

Rules of the GameIşıl Güneş -

Senate vote could open French Guiana to exploration – what it could mean for Guyana and Suriname

A vote in France’s Senate could ultimately reshape the competitive and geological landscape of the Guyana-Suriname Basin, with potential implications for both Guyana’s Stabroek-led...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Environmental Management – Decommissioning (Part 3)

In PAA Series: Environmental Management - Decommissioning Part 2, we highlighted that, “The most significant steps in reducing adverse environmental influence are for the...

Regional

Latest News

NewsOilNOW -

Chinese companies among 10 groups vying to build fertilizer plant in Guyana 

Ten groups, including several Chinese companies, have submitted proposals to build Guyana’s planned ammonia and urea fertilizer plant at Wales, according to tender opening...
News

Chevron CEO: Guyana’s rise in global oil industry ‘extraordinary’

OilNOW -
Chevron Chief Executive Officer Mike Wirth says Guyana has experienced an “extraordinary” rise as a global energy producer, outlining...
News

Petrobras expanding local content expectations beyond formal mandates – Rystad Energy

OilNOW -
Petrobras is expanding local content expectations beyond formal contractual mandates in Brazil, according to a February 19 Rystad Energy...
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Exploration

ExplorationShikema Dey -

ExxonMobil advances Goatfish-1 drilling in Southeast portion of Stabroek Block

ExxonMobil Guyana Limited on February 19, 2026 continued exploration drilling at the Goatfish-1 well site in the Stabroek Block, according to a notice issued...
Exploration

NGL facility,  228 MW from Guyana’s Gas-to-Energy plant this year – Brassington

Shikema Dey -
Winston Brassington, head of Guyana’s Gas-to-Energy Taskforce, said the Natural Gas Liquids (NGL) facility at Wales will be ready...
Exploration

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door program

Shikema Dey -
Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the...
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Production

NewsOilNOW -

Exxon hits 900,000 barrels of oil per day in Guyana as Yellowtail reaches full capacity

ExxonMobil Guyana announced on Wednesday that the country’s daily oil production has reached a new milestone of 900,000 barrels per day, following the ramp-up...
Guyana's Oil Ledger

Yellowtail boost lifts Guyana’s oil output to 685,000 b/d in August

Kemol King -
Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven...
News

ONE GUYANA FPSO equipped to ensure uninterrupted gas handling offshore – GoG

Shikema Dey -
The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the...
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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...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

ExxonMobil Guyana oil output climbs to new high in January with Yellowtail boost

Oil production offshore Guyana averaged 915,000 barrels per day (b/d) in January 2026. Government data shows that output across the four ExxonMobil-operated projects in the...

Energy Insights

Energy InsightsChevy Devonish -

The TotalEnergies 2025 PSA: A Modern, Modular Approach to Petroleum Sharing Agreements 

On November 11, 2025, the Government of Guyana (GoG), through the Ministry of Natural Resources (MoNR), signed a Petroleum Sharing Agreement (PSA) with the...

Sponsored Content

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UAL sees regional cargo upside as Guyana and Suriname offshore activity expands

Universal Africa Lines (UAL) is aligning its shipping network around rising offshore oil and gas activity in Guyana and Suriname, with increased sailings and...

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.

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