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Petroleum Commission among proposed oil law amendments by opposition party

OilNOW -
The Alliance for Change (AFC), a key party in the APNU+AFC Parliamentary opposition, has published its proposed amendments to the Petroleum Activities Bill 2023, the document that’s meant to overhaul Guyana’s decades-old oil and gas regulatory framework. Key to...
News

A tale of two pipelines: US, Guyana projects forge ahead, despite environmental lobby

OilNOW -
The Mountain Valley pipeline project is one of many marred by delays due to regulatory and legal battles with environmentalists. But now, the project is a go, after a U.S. Supreme Court granted lifts on stays that halted its...
News

SBM Offshore Guyana advancing HSSE through multiple awareness programmes

OilNOW -
Over the last several years, safety has become a key topic in the local business sector, with the movement to improve and advance Health, Safety, Security and the Environment (HSSE) being propelled by the oil and gas industry. SBM...
News

Over US$10 billion in Stabroek Block investments recovered so far

Kemol King -
ExxonMobil, Hess and CNOOC have managed to recover more than US$10 billion in investments so far, to explore and develop the prolific Stabroek Block.  The Stabroek Block Production Sharing Agreement (PSA) allows the partners to recover investments by taking up...
News

Team Infinity Tech emerges winner in SBM Offshore Guyana-sponsored Innovation Challenge 2023

OilNOW -
The Office of the Prime Minister's Industry and Innovation Unit's Innovation Challenge 2023 reached its exciting conclusion on Sunday at the Arthur Chung Conference Centre. The event, sponsored exclusively by SBM Offshore Guyana, showcased the innovative talents of local...
News

Legislators to seek amendments to Guyana’s oil bill in Parliament – Patterson

OilNOW -
Former government minister, David Patterson, said Members of Parliament (MP) from his political party, Alliance for Change (AFC), will propose amendments to the Petroleum Activities Bill. The government is preparing to take the Bill to Parliament for scrutiny and...
News

About 60 companies expected for Guyana’s National Small Business Week 2023

OilNOW -
Guyana's National Small Business Week is set to kick off from July 21-29, 2023, and this year's edition is expected to feature the participation of around 60 small businesses. Under the theme of "Strategic Collaboration for Success," the event...
Opinions

Sustainable Energy from Ideas to Projects: Part 1

OilNOW -
By Dr. Lorraine Sobers - OilNOW The Energy Chamber of Trinidad and Tobago hosted the Caribbean Sustainable Energy Conference (CSEC) 2023 on June 5-7 at the Hyatt Regency, Port of Spain, Trinidad. The energy transition facing the sector, net-zero...
Business Wire

Carbios Aims to be a Leader in Growing r-PET Market with an Ambition to Capture 8 to 12% Share by 2035 Through Licensing Model

Carbios has recently consolidated key partnerships with Indorama Ventures and Novozymes, and has announced funding and investment of over €150 million for the first PET biorecycling plant in the world the cost of which has been re-estimated at €230...
Opinions

Remembering the Basics: Easy Wins for a Sustainable Energy Future in Guyana, Part II

OilNOW -
By Dr. Ulric Trotz - OilNOW In our previous consideration of the utilisation of wastes for energy generation in Guyana, we discussed, so far, the potential of employing domestic and agricultural wastes, inclusive of wastes from livestock for this purpose....
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Q1 withdrawal from Guyana’s oil fund up 60% from last year’s

The Guyana government ramped up withdrawals from the country’s oil fund in the first quarter of 2025, taking out...

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