Production

News

Gov’t to meet with persons who submitted proposals to build oil refinery in Guyana – Trotman

OilNOW -
Even as one expert has concluded that building a 100,000 bpd capacity refinery in Guyana would not be economically feasible, the government says it is still open to examining other options and will meet with persons who have submitted...
News

Public presentation on oil refinery set for May 17 in Guyana

OilNOW -
A presentation will be made on the feasibility of establishing an oil refinery in Guyana on May 17 by the consultant hired to look into the matter by the Guyana government. Pedro Haas, Director of Advisory Services at Hartree Partners will...
News

Guyanese legislators to consider Commission to collect oil revenues

OilNOW -
Guyana today moved one step closer to tightening its legislative regime governing the oil and gas sector, when Minister of Natural Resources, Raphael Trotman, presented to the National Assembly, the Petroleum Commission of Guyana Bill 2017–to provide for the...
News

Small oil spills occur in T&T due to equipment fatigue – Coastal Dynamics Executive

OilNOW -
With an oil and gas industry in Trinidad and Tobago that is well over 100 years old, an environmental specialist from the twin island republic believes that the absence of a major catastrophic disaster over the years is commendable,...
News

Oil hovers near $46 as shale revival cancels out OPEC efforts

OilNOW -
NEW YORK (Bloomberg) -- Oil hovered around $46/bbl in New York, back to levels last seen before the OPEC deal, as the shale revival appears to be making the group’s cuts ineffective. After dipping below $44 Friday, futures pared some of...
News

New regulatory body could oversee implementation of Guyana local content policy

OilNOW -
A new regulatory body is being proposed by authorities in Guyana to oversee the implementation of a Local Content, Capacity Development and Value Addition Policy Framework.  The draft policy document, developed by the Ministry of Natural Resources, is currently...
News

ExxonMobil targets mid-year sanction for Liza first phase

OilNOW -
“When you think about the full scope of our development in Guyana, and clearly, the higher the resource density, the more profitable it's going to be..." - Jeff Woodbury US supermajor ExxonMobil plans to sanction the first phase of the development...
News

In excess of 1,340 direct jobs could be created over lifetime of Liza phase 1 project

OilNOW -
More than 1,340 direct jobs could be created over the lifetime of the Liza phase 1 development project which will see a proposed 17 wells being drilled, equipment installed and oil production undertaken in the Stabroek Block, 120 miles...
News

Oil prices drop below $48; first time in over a month

OilNOW -
(CNBC) Oil prices sharply extended losses just before Tuesday's settlement, with U.S. crude breaking below $48 a barrel for the first time in more than a month. U.S. West Texas Intermediate futures and international benchmark Brent crude were both down...
News

T&T oil spill reaches Venezuela; former energy minister chastises Petrotrin

OilNOW -
An oil spill which occurred at Trinidad and Tobago’s state oil company Petrotrin on April 23 has now spread to the Venezuelan maritime boundary. The country’s Ministry of Energy says it is tracking the trajectory of the oil spill through...
1...353637Page 36 of 37

Latest News

NewsOilNOW -

Second phase of Berbice training facility progressing with extended timeline

The construction of the oil and gas training facilities at the Guyana Technical Training College (GTTCI) in Port Mourant,...

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