Showing results for:

News

Urgent overhaul needed: Trinidad & Tobago’s energy sector calls for swift decision-making

OilNOW -
Things cannot be business as usual in Trinidad and Tobago if the country wants its energy sector to mend, according to head of its Energy Chamber, Dr. Dax Driver.  In an August 21 column, Dr. Driver lamented that TT would...
Business Wire

Capstone Green Energy Receives Notification of Deficiency from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

LOS ANGELES--(BUSINESS WIRE)--$CGRN #Corporate--Capstone Green Energy Corporation (NASDAQ: CGRN) announced that on August 16, 2023, it had received a written notice from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq) notifying the Company that it was...
News

CGX self-styles Berbice project as ‘Deep-Water Port’ but Jagdeo says it isn’t

OilNOW -
Vice President of Guyana, Dr. Bharrat Jagdeo said a facility being developed by CGX Energy in the South American country, styled by the company as the ‘Berbice Deep-Water Port’, “was never a deep-water port.”  “Deep-water port would be a port...
News

Gas-to-Energy pipeline can now be licensed with passage of petroleum law  

OilNOW -
A final investment decision (FID) for Guyana’s Gas-to-Energy (GtE) project is imminent with the recent passage of its Petroleum Activities Bill 2023, said ExxonMobil’s Guyana President, Alistair Routledge.  He told Energy Intelligence in London recently “...while we have not formally...
News

Guyanese construction providers needed to build new petroleum training institute for Exxon

OilNOW -
Guyana's rapidly growing oil and gas sector will soon have a world-class technical training college. ExxonMobil has published a RFI (Request for Information) targeting construction service providers, to pave the way for the establishment of the Guyana Technical Training...
News

Dutch company’s innovative composite pipe installed at ExxonMobil’s Liza Field

OilNOW -
Strohm, a composite pipe company, has successfully installed its first deepwater/high-pressure thermoplastic composite pipe (TCP) jumper in the Stabroek Block offshore Guyana. The installation marks the adoption of Strohm's innovative "Jumper on Demand" approach and its effectiveness in enhancing...
News

86 subsea tree awards anticipated in H2 2023, H1 closes with 196 – Westwood

OilNOW -
The first half of 2023 closed with 196 subsea tree awards, according to new data by Westwood Global Energy Group, released on August 14. The industry's gaze now turns to the remaining months of 2023, when the anticipation of...
News

Frontera Energy reports strong Q2 2023 results with net income of CA$80.2 million

OilNOW -
Frontera Energy has announced financial results for the second quarter of 2023, showcasing a substantial net income of CA$80.2 million or CA$0.94 per share. This marks a significant upswing from the previous quarter's net loss of CAD$11.3 million or...
News

Guyana considering special committee to address labour shortage

OilNOW -
Guyana, in its rapid march towards development, is facing a concerning shortage of skilled, semi-skilled, and unskilled labour. To combat this issue, the government is pondering the creation of a National Labour Committee, working under the umbrella of the...
News

Guyana government agreed to unitise Exxon’s Liza, Payara fields

OilNOW -
Guyana’s Minister of Natural Resources has revealed that the government agreed to let Exxon unitise the Liza and Payara fields, a step to allow a floating production, storage and offloading (FPSO) vessel from one field to tap oil from...
1...158159160...294Page 159 of 294

Latest News

NewsOilNOW -

Look beyond the barrels for the success of Guyana’s oil industry – Ali 

President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just the...

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