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Global oil prices projected to drop to $60 by 2027; slowing demand growth to blame – Norway firm
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Global oil prices projected to drop to $60 by 2027; slowing demand growth to blame – Norway firm

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Exxon’s bid in Guyana’s first licensing round shows potential of basin – Rystad Energy
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Exxon’s bid in Guyana’s first licensing round shows potential of basin – Rystad Energy

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Venezuela an international pariah; threat won’t hurt confidence in Guyana bid round – Rystad Energy
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Venezuela an international pariah; threat won’t hurt confidence in Guyana bid round – Rystad Energy

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Rystad Energy predicts bullish oil market as Saudi Arabia & Russia extend cuts, fueling price surge
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Rystad Energy predicts bullish oil market as Saudi Arabia & Russia extend cuts, fueling price surge

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Six big oil companies to dole out US$7B on exploration in 2023, 14% of total global spend
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Six big oil companies to dole out US$7B on exploration in 2023, 14% of total global spend

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Guyana establishes world dominance in discovered volumes for 2023, surpasses 600 million boe – Rystad Energy
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Guyana establishes world dominance in discovered volumes for 2023, surpasses 600 million boe – Rystad Energy

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Latin America a key driver in global upstream oil and gas investments: Rystad Energy
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Latin America a key driver in global upstream oil and gas investments: Rystad Energy

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Upstream investment remains efficient amid concerns of underfunding – Rystad analysis shows
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Upstream investment remains efficient amid concerns of underfunding – Rystad analysis shows

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98 kilogram of CO2 released for every barrel of oil Venezuela produces
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98 kilogram of CO2 released for every barrel of oil Venezuela produces

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Guyana’s 11 billion barrels a far way from the top
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Guyana’s 11 billion barrels a far way from the top

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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.

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