Regional

News

Ecuador seeks $800M investment in oil & gas bid

OilNOW -
(Reuters) - Ecuador on Tuesday launched a bidding round for foreign companies to develop oil and gas reserves, hoping to attract some $800 million in investment to boost production in the Andean nation’s sluggish economy. Winners will operate four oil...
News

Colombia jumps into Latam oil auction wave; to award blocks in April

OilNOW -
(Reuters) - Colombia plans to award up to 15 oil blocks next month and will begin routinely offering onshore and offshore areas for exploration and production in May, the head of the country’s energy regulator told Reuters. The move, Colombia’s...
News

Oil talks expected during Mexican foreign minister’s visit to Jamaica

OilNOW -
(Jamaica Gleaner) A trip by Mexico’s foreign minister to Jamaica next month is being positioned by foreign media as the latest development in US-led pressure on the Nicolas Maduro administration in Venezuela. A report by Reuters news agency says Maduro retains loyalty from...
News

Venezuelan oil production could further collapse on new U.S. sanctions

OilNOW -
(Oil Price) If the U.S. expands sanctions on Venezuela to include the oil industry and restricts U.S. exports of oil products that are crucial for diluting Venezuela’s extra-heavy oil, oil production in the country sitting on the world’s largest...
News

Court hands Trump another defeat in bid to block Obama-era oil and gas methane emissions rule

OilNOW -
A U.S. District Court judge has blocked the Interior Department from suspending an Obama-era rule meant to prevent planet-warming methane from escaping during oil and natural gas operations. According to a CNBC report, the ruling marks the latest setback for...
News

Brazil to decide in first half on Total’s Amazon River basin drilling

OilNOW -
(Reuters) - Brazil environmental agency Ibama will decide on French oil firm Total’s application to drill in the environmentally sensitive Amazon river basin before the end of May, and possibly as soon as the end of March, an agency...
News

Houston firm sues ex Venezuelan oil czar Ramirez over bribes

OilNOW -
(ABC News) Venezuela's former oil czar Rafael Ramirez was sued Friday by a Houston company that alleges he was behind demands for at least $10 million in bribes to sign off on deals to sell its energy assets in...
News

Maduro claims Venezuela lifted oil production by 250,000 Bpd

OilNOW -
(OilPrice) While analyst estimates and official figures show that Venezuela’s crude oil production continues to plummet amid a severe economic crisis and cash crunch, Venezuelan President Nicolas Maduro—true to his rhetoric--said on Thursday that the country’s oil production had increased...
News

Venezuela’s main source of cash is dwindling at breathtaking pace

OilNOW -
(CNN Money) The country's oil output in January fell to its lowest level in nearly 30 years, not including a brief oil strike in 2003, according to S&P Global Platts. A monthly OPEC report published Monday revealed Venezuela pumped 1.6...
News

US to help Jamaica if Venezuela cuts oil

OilNOW -
(Jamaica Observer) United States Secretary of State Rex Tillerson on Saturday assured Jamaica that Washington would assist the Government in overcoming any fallout arising from supporting efforts to promote democracy in Venezuela. Tillerson, who was speaking at a press conference...
1...949596...109Page 95 of 109

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