Showing results for:

News

PEMEX discovers billion-barrel oil field in Mexico

OilNOW -
(Bloomberg) --Petroleos Mexicanos (PEMEX) discovered what’s expected to be a billion-barrel oil field in Tabasco as it aims to reverse a decade and a half of sinking production. The new field at the southern part of the Gulf of Mexico,...
News

Total-Apache FID for Suriname Block 58 expected this year – analyst

OilNOW -
Total and Apache are expected to make their Final Investment Decision (FID) to develop oil fields at Block 58 offshore Suriname later this year in what experts say could be the second fastest ramp up in oil production activities...
News

Guyanese logistics company thriving in oil sector, expanding local supply chain

OilNOW -
Guyanese logistics company, Western Logistics has been thriving as a result of the business opportunities being provided by the oil and gas sector. Operations Manager of the company, Pradeep Ramoutar spoke of the role the oil industry played in the...
News

Apache, Total attempting in Suriname what ExxonMobil accomplished in Guyana

OilNOW -
(S&P Global Platts) Total and Apache Corp. will continue their oil exploration program offshore of Suriname after ceasing drilling in one key test well upon facing "substantial pressure increases," but only after they had already struck oil at shallower...
Opinions

An approach to healing Guyana’s socio-political and economic ills [Part 2]

OilNOW -
By Wilberne Persaud – OilNOW Guyana’s 783 thousand population occupies a land mass of 83,000 sq ml, compared to Singapore’s 279.6 sq ml with 5.7 million population and England’s 50,301 sq ml with population 56.3 million. Respectively, 2019 GDP numbers...
News

Average size of each Guyana oil discovery is 300 million barrels

OilNOW -
New oil producer Guyana has been at the top of the global list for discovered resources since U.S oil major ExxonMobil made its first world class discovery in 2015. The company has made a total of 18 discoveries out...
News

Top upcoming oil producer in western hemisphere urged to create level playing field for foreign investors

OilNOW -
Guyana is on a transformational journey as a result of the benefits of the oil and gas industry, and the United States’ Ambassador to Guyana, Sarah Ann-Lynch says that key to the country’s balanced growth is the creation of...
News

Guyana draws down highest price for its crude since production began

OilNOW -
Just over a year since oil production began at the Stabroek block offshore Guyana, the government secured its highest price yet for the export of Liza crude in February, coming in wake of a 12-month period that saw massive...
News

Exxon conducting back-to-back exploration drilling across two Guyana blocks

OilNOW -
The drill ship Stena Carron is on a back-to-back exploration campaign offshore Guyana at the ExxonMobil-operated Stabroek and Canje blocks where it has already spudded one prospect and will be moving to drill the other later this week. “The Stena...
News

EPA, GGMC carrying out inspections on Liza Destiny FPSO, preparations underway for return of compressor – ExxonMobil

OilNOW -
Preparations are underway on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel for the return of the flash gas compressor and silencers from MAN Energy solutions in Germany. ExxonMobil Guyana said in an operations update on Monday that...
1...268269270...370Page 269 of 370

Latest News

NewsOilNOW -

Kumu’s new small-scale hydropower plant now operational

Guyana commissioned a new 1.5 megawatt (MW) hydropower station in the southeastern community of Kumu on Friday, part of...

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