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‘Discovery 6’ Supercomputer unlocks over US$1 billion in value from Guyana operations – ExxonMobil

ExxonMobil has commissioned one of the world’s most powerful supercomputers, Discovery 6, to boost efficiency and accelerate data analysis across its global portfolio, including...
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bp advances appraisal planning for major Bumerangue discovery in Brazil’s pre-salt basin

bp says it is accelerating appraisal and development planning for its Bumerangue find in Brazil’s Santos Basin, after fresh analysis confirmed the discovery holds...
NewsOilNOW -

Chevron earnings dip as Guyana operations strengthen portfolio

Chevron Corporation today reported earnings of US$3.5 billion (US$1.82 per diluted share) for the third quarter of 2025, down from US$4.5 billion (US$2.48 per...
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ExxonMobil sets new Guyana record with over 700,000 barrels per day in Q3 2025

ExxonMobil Corporation today reported record-breaking production from Guyana in the third quarter of 2025, surpassing 700,000 barrels of oil per day and achieving the...
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Noble’s four drillships set records in Guyana, completing over 200 wells in Stabroek Block

Noble Corporation says its Guyana operations continue to set new records, with over 200 wells now constructed in the Stabroek Block. President and Chief Executive...
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Latest News

NewsOilNOW -

‘Discovery 6’ Supercomputer unlocks over US$1 billion in value from Guyana operations – ExxonMobil

ExxonMobil has commissioned one of the world’s most powerful supercomputers, Discovery 6, to boost efficiency and accelerate data analysis across its global portfolio, including...
NewsOilNOW -

bp advances appraisal planning for major Bumerangue discovery in Brazil’s pre-salt basin

bp says it is accelerating appraisal and development planning for its Bumerangue find in Brazil’s Santos Basin, after fresh analysis confirmed the discovery holds...
NewsOilNOW -

Chevron earnings dip as Guyana operations strengthen portfolio

Chevron Corporation today reported earnings of US$3.5 billion (US$1.82 per diluted share) for the third quarter of 2025, down from US$4.5 billion (US$2.48 per...
NewsOilNOW -

ExxonMobil sets new Guyana record with over 700,000 barrels per day in Q3 2025

ExxonMobil Corporation today reported record-breaking production from Guyana in the third quarter of 2025, surpassing 700,000 barrels of oil per day and achieving the...
NewsOilNOW -

Noble’s four drillships set records in Guyana, completing over 200 wells in Stabroek Block

Noble Corporation says its Guyana operations continue to set new records, with over 200 wells now constructed in the Stabroek Block. President and Chief Executive...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Natonya Scipio’s story of dedication and impact in Guyana’s oil industry

When it comes to safety in the oil and gas industry, Natonya Scipio believes the smallest actions often make the biggest difference. As a...

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...

Rules of the Game

Rules of the GameIşıl Güneş -

How exploration and production are governed in Suriname – Part 1

PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in...

Local Content

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SBM Offshore strengthens ties with Suriname community in Rotterdam

SBM Offshore hosted an interactive session with over 90 members of the Surinamese community in Rotterdam on October 16, underscoring its commitment to local...

Regional

Latest News

NewsOilNOW -

‘Discovery 6’ Supercomputer unlocks over US$1 billion in value from Guyana operations – ExxonMobil

ExxonMobil has commissioned one of the world’s most powerful supercomputers, Discovery 6, to boost efficiency and accelerate data analysis across its global portfolio, including...
News

bp advances appraisal planning for major Bumerangue discovery in Brazil’s pre-salt basin

OilNOW -
bp says it is accelerating appraisal and development planning for its Bumerangue find in Brazil’s Santos Basin, after fresh...
News

Chevron earnings dip as Guyana operations strengthen portfolio

OilNOW -
Chevron Corporation today reported earnings of US$3.5 billion (US$1.82 per diluted share) for the third quarter of 2025, down...
News

ExxonMobil sets new Guyana record with over 700,000 barrels per day in Q3 2025

OilNOW -
ExxonMobil Corporation today reported record-breaking production from Guyana in the third quarter of 2025, surpassing 700,000 barrels of oil...
News

Noble’s four drillships set records in Guyana, completing over 200 wells in Stabroek Block

OilNOW -
Noble Corporation says its Guyana operations continue to set new records, with over 200 wells now constructed in the...
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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 

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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

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

Guyana's Oil LedgerKemol King -

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

Oil production offshore Guyana averaged 685,000 barrels per day (b/d) in August, up from 664,000 b/d in July, driven mainly by the start-up of...
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...
News

Oil production begins at ExxonMobil’s fourth mega-project offshore Guyana

Shikema Dey -
Oil production has started at ExxonMobil's Yellowtail Development offshore Guyana, making it the fourth mega-project to startup in just...
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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 

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(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

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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 -

Guyana oil fund gets another US$133 million from oil sales in September

Guyana received payments for two cargoes of crude oil in September 2025, totaling US$133 million (approximately GY$28 billion). The shipments, lifted from the Payara...

Energy Insights

Energy InsightsChevy Devonish -

Second court action seeks to quash the EIA and the environmental permit for the Hammerhead project

Environmental activists filed a lawsuit in July seeking to cancel the Environmental Impact Assessment (EIA) and Environmental Permit (EP) granted for the Hammerhead Project,...

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UAL launches new Caribbean shuttle service to enhance regional trade connectivity

UAL (Universal Africa Lines) has introduced the UAL Caribbean Shuttle, a fixed 9-day loop service linking Point Lisas (Trinidad & Tobago), Georgetown (Guyana), and...

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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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