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Exxon’s Greater Guyana Initiative brings Zoom Rooms project to University of Guyana

The University of Guyana (UG) on Saturday launched its Zoom Rooms project which it says lays down the first building blocks for its blended-learning architecture. The project is part of a gift under the ExxonMobil and Stabroek Block co-venturers...

Brazil’s Bolsonaro wants to change Petrobras’ fuel-price policy

(S&P Global Platts) Rio de Janeiro — Brazilian President Jair Bolsonaro once again warned of changes at state-led Petrobras in a move that raised the specter of renewed government interference at the company that could lead to changes in...

Guyana’s geopolitical neighborhood heats up

By Ivelaw Lloyd Griffith - OilNOW Northern South America is heating up, and not just because of the massive oil fields that have been discovered offshore Guyana since May 2015. Provocative Moves On January 7, 2021, the day after the insurrectionist rumblings...

CDC hosts major oil spill response workshop ahead of exercise to test Guyana’s capabilities

Guyana’s Civil Defence Commission (CDC) is partnering with US State agencies, Pacific Disaster Center, ExxonMobil, and the French and Canadian Armed Forces to build the South American country’s National Oil Spill Capabilities. The Commission on Thursday collaborated with regional and international...

Guyana must not allow critics, challenges to detract from broad potential benefits of gas pipeline

By Joel Bhagwandin - OilNOW A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project Part 3 The purpose of this column series is to contribute to the national debate regarding the feasibility of the gas-to-shore project that the Government...

GLASS is latest Guyanese company to be ISO certified

Guyana Logistics and Support Services Inc. (GLASS) has become the latest Guyanese company to achieve certification for ISO 9001:2015 International Standard. The adoption of a quality management system is a strategic decision for an organization that can help to improve its...

An approach to healing Guyana’s socio-political and economic ills [Part 1 of 2]

By Wilberne Persaud - OilNOW Consider 1: “It should be borne in mind that there is nothing more difficult to arrange, more doubtful of success, and more dangerous to carry through than initiating changes in a state’s constitution. The innovator...

Guyanese leadership in the Oil and Gas sector will require Guyanese excellence in STEM education

By Dr. Terrence Richard Blackman - OilNOW In an updated forecast, it has predicted that oil prices will average just above $50/b in 2021. If the IMF's projections hold, each lift of Guyana's share of crude oil from the Liza...

Credit agencies should reward oil majors for natural gas developments

By Arthur Deakin - OilNOW On January 26, one of the most influential credit rating agencies in the world, Standard & Poor’s (S&P), said it was considering downgrading the rating of 13 major oil and gas producers, including ExxonMobil, Shell...

A consortium of investors can be put together for gas to shore project

By Joel Bhagwandin A contextual Economic & Financial Analysis of Guyana’s Gas to Shore Project Part 2 Though it is assumed that ExxonMobil and its partners will be financing about 50 percent of the cost of the gas-to-shore project, the Government will...

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Nigeria’s Petroleum Commission confirms ExxonMobil’s US$1.5B investment in the country’s deepwater oil sector

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that ExxonMobil will invest $1.5 billion in Nigeria’s deepwater oil...