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Caribbean must take control of its natural resources, says Dominican gov’t minister

OilNOW -
When it comes to developing the Caribbean’s natural resources – whether it be oil and gas, gold, diamond, or bauxite – Dominica’s Minister of Planning, Vince Henderson, believes this process should be controlled internally, devoid of influence from the...
News

US VP announces strategic plan to address climate crisis in Caribbean

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In light of the climate crisis and energy woes that plague the Caribbean, United States’ Vice President Kamala Harris on Thursday announced a plan to address those critical concerns. The United States’ primary mechanism for addressing energy security and the...
Exploration

Guyana-Suriname basin steals spotlight from Brazil – Rystad Energy

OilNOW -
The Guyana-Suriname basin has overtaken Brazil’s pre-salt play as South America’s leading exploration hotspot, says Rystad Energy, an independent energy research and business intelligence company based in Norway. This latest feat, it said, can be credited mostly to ExxonMobil’s basin-opening...
Opinions

Regional Oil and Gas Bonanza and the 25×2025 Food Import Reduction Imperative

OilNOW -
Dr. H Arlington D Chesney – OilNOW The Government of Guyana, in association with the CARICOM Secretariat, held an Agri-Investment Forum and Expo: investing in Vision 25x2025 from May 19 to 21, 2022. This initiative is consistent with the position...
News

T&T looking to unlock over 23tcf of gas, 455M barrels of oil with aggressive 2022 bid rounds

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According to the Prime Minister of Trinidad and Tobago, Dr. Keith Rowley, the latest gas reserve audit for the country established that at year-end 2020, technically recoverable resources amounted to 23.2 trillion cubic feet (tcf) and prospective resources at...
News

Guyana says Venezuela trying to delay World Court ruling in border case

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Venezuela has submitted to the International Court of Justice (ICJ) a Preliminary Objection to the admissibility of the ongoing border controversy case with Guyana, resulting in a suspension of the hearing, Guyana’s Ministry of Foreign Affairs said on Wednesday. Now,...
News

Venezuela set to resume oil shipments to Europe as US relaxes sanctions

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With most of Europe facing an economic crisis following Russia’s invasion of Ukraine, the United States has stepped in to relax some of its sanctions on Venezuela so that oil shipments can be resumed to keep several states from...
News

‘Current high oil prices must not lull us into false sense of security’ – T&T Energy Chamber Chairman

OilNOW -
The world has gone from negative oil prices to historic highs in just a few years. But Chairman of Trinidad and Tobago’s Energy Chamber, Dwight Mahabir, has cautioned countries to not let these current high oil prices lure them...
News

Trinidad finalising pact with multinational energy giants for 112MW solar project

OilNOW -
The government of Trinidad and Tobago is finalising a commercial agreement for the 112.2-megawatt (MW) Project Lara, a joint venture comprising of multinational energy giants, Shell and BP, and specialist solar energy company, Lightsource BP. Two sites have been identified...
News

Trinidad’s deepwater auction: 13 of 17 blocks receive no bids

OilNOW -
Trinidad and Tobago’s deepwater auction concluded on the final day of the Trinidad and Tobago Energy Conference, Thursday. Companies showed little interest, submitting bids for just four of 17 blocks. Information received from the Energy Chamber of Trinidad and Tobago indicates...
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Stories Beyond the BarrelOilNOW -

Donella Long: Elevating Guyana’s Hospitality Scene with ‘The Balance’

Since 2016, Donella Long, Founder and Chief Executive Officer of The Balance, has been transforming Guyana’s hospitality landscape. Her...

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