Latest News

NewsKemol King -

Chevron CEO hails Hess deal as 2025’s biggest U.S. merger, bets on lasting oil demand

Mike Wirth, Chief Executive Officer of Chevron, defended the company’s oil-first strategy in a recent interview with the New York Times, even as the...
NewsOilNOW -

Over 1,300 Guyanese firms are now registered under the country’s Local Content Act

More than 1,300 Guyanese companies have been approved and registered under the Local Content Act, according to Director of the Local Content Secretariat, Dr....
NewsOilNOW -

Guyana’s local content spend hits US$350M in six months 

Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on Guyanese firms exceeding US$350 million...
OpinionsOilNOW -

Letter-to-the-Editor: More needs to be done to improve the lives of everyday Guyanese people; oil money is not trickling down 

Dear Editor, During a public analysis of the situation and in recent discussions with citizens, several concerns have consistently surfaced about accountability and the quality...
NewsOilNOW -

Noble, EDO and MATPAL gear up for recruitment drive in Guyana’s Essequibo region

The Noble Recruitment Drive is set to arrive in Parika in the Essequibo Islands-West Demerara region of Guyana on Sunday, bringing opportunities for locals seeking...
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Latest News

NewsKemol King -

Chevron CEO hails Hess deal as 2025’s biggest U.S. merger, bets on lasting oil demand

Mike Wirth, Chief Executive Officer of Chevron, defended the company’s oil-first strategy in a recent interview with the New York Times, even as the...
NewsOilNOW -

Over 1,300 Guyanese firms are now registered under the country’s Local Content Act

More than 1,300 Guyanese companies have been approved and registered under the Local Content Act, according to Director of the Local Content Secretariat, Dr....
NewsOilNOW -

Guyana’s local content spend hits US$350M in six months 

Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on Guyanese firms exceeding US$350 million...
OpinionsOilNOW -

Letter-to-the-Editor: More needs to be done to improve the lives of everyday Guyanese people; oil money is not trickling down 

Dear Editor, During a public analysis of the situation and in recent discussions with citizens, several concerns have consistently surfaced about accountability and the quality...
NewsOilNOW -

Noble, EDO and MATPAL gear up for recruitment drive in Guyana’s Essequibo region

The Noble Recruitment Drive is set to arrive in Parika in the Essequibo Islands-West Demerara region of Guyana on Sunday, bringing opportunities for locals seeking...
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Stories Beyond the Barrel

Stories Beyond the BarrelShikema Dey -

Kavita Khan: Driving finance in Guyana’s oil sector

For Senior Accountant Kavita Khan, TechnipFMC first caught her attention through a presentation. “One of the managers… was going around to different companies that...

Fuel For Thought

Fuel for ThoughtJoanna Simmons -

The PAA Series: Environmental Management – Decommissioning (Part 2)

In PAA Series: Environmental Management - Decommissioning Part 1, we noted that the Petroleum Activities Act 2023 (‘PAA’) contains provisions for a critical environmental...

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

NewsOilNOW -

Guyana’s local content spend hits US$350M in six months 

Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on Guyanese firms exceeding US$350 million...

Regional

Latest News

NewsKemol King -

Chevron CEO hails Hess deal as 2025’s biggest U.S. merger, bets on lasting oil demand

Mike Wirth, Chief Executive Officer of Chevron, defended the company’s oil-first strategy in a recent interview with the New York Times, even as the...
News

Over 1,300 Guyanese firms are now registered under the country’s Local Content Act

OilNOW -
More than 1,300 Guyanese companies have been approved and registered under the Local Content Act, according to Director of...
News

Guyana’s local content spend hits US$350M in six months 

OilNOW -
Guyana’s local business community continues to secure strong gains from the country’s oil and gas industry, with spending on...
Opinions

Letter-to-the-Editor: More needs to be done to improve the lives of everyday Guyanese people; oil money is not trickling down 

OilNOW -
Dear Editor, During a public analysis of the situation and in recent discussions with citizens, several concerns have consistently surfaced...
News

Noble, EDO and MATPAL gear up for recruitment drive in Guyana’s Essequibo region

OilNOW -
The Noble Recruitment Drive is set to arrive in Parika in the Essequibo Islands-West Demerara region of Guyana on Sunday,...
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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 

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...
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Production

NewsShikema Dey -

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

The Government of Guyana has confirmed that the ONE GUYANA floating production storage and offloading (FPSO) vessel is the first offshore unit in 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...
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...
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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 -

Guyana oil fund swells past US$3.6 billion

Guyana received nearly US$213 million (GY$$44 billion) in oil revenues in August, according to the latest Natural Resource Fund (NRF) report published by the...

Energy Insights

Energy InsightsChevy Devonish -

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act 2025 (OPPPRR) To be clear, by...

Sponsored Content

NewsOilNOW -

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...

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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