Latest News

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ExxonMobil eyes US$30B in low-emission projects as Guyana sets example in cleaner oil production

ExxonMobil plans to invest up to US$30 billion in low-emission initiatives from 2025 to 2030. Nearly 65% of that spending targets emissions reductions for...
NewsOilNOW -

Exxon executive affirms stability in Guyana outlook regardless of arbitration outcome

ExxonMobil’s Senior Vice President Neil Chapman said Thursday that operations and investment plans in Guyana remain “100% aligned” among the Stabroek Block partners, despite...
OpinionsOilNOW -

A plea for responsible politics ahead of September elections

Dear Editor, President Irfaan Ali, over the weekend, announced that Regional and General Elections are slated for September 1. While this is welcomed news, I...
NewsOilNOW -

How Suriname compares to Guyana: Lessons from a neighbor’s oil journey

Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade,...
NewsOilNOW -

Guyana will become one of top five LatAm oil producers this year with startup of Yellowtail FPSO – Wood Mackenzie

Guyana is on track to become one of the top five liquid-producing countries in Latin America (LatAm) in 2025, according to Amanda Bandeira, a...
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Latest News

NewsOilNOW -

ExxonMobil eyes US$30B in low-emission projects as Guyana sets example in cleaner oil production

ExxonMobil plans to invest up to US$30 billion in low-emission initiatives from 2025 to 2030. Nearly 65% of that spending targets emissions reductions for...
NewsOilNOW -

Exxon executive affirms stability in Guyana outlook regardless of arbitration outcome

ExxonMobil’s Senior Vice President Neil Chapman said Thursday that operations and investment plans in Guyana remain “100% aligned” among the Stabroek Block partners, despite...
OpinionsOilNOW -

A plea for responsible politics ahead of September elections

Dear Editor, President Irfaan Ali, over the weekend, announced that Regional and General Elections are slated for September 1. While this is welcomed news, I...
NewsOilNOW -

How Suriname compares to Guyana: Lessons from a neighbor’s oil journey

Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power in less than a decade,...
NewsOilNOW -

Guyana will become one of top five LatAm oil producers this year with startup of Yellowtail FPSO – Wood Mackenzie

Guyana is on track to become one of the top five liquid-producing countries in Latin America (LatAm) in 2025, according to Amanda Bandeira, a...
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Stories Beyond the Barrel

Stories Beyond the BarrelOilNOW -

Empowering women through action: Inside ExxonMobil Guyana’s WIN network

The Women's Interest Network, or WIN, is ExxonMobil’s global initiative to empower and motivate women across the company. In Guyana, the network is growing...

Oil Law 101

Oil Law 101Joanna Simmons -

The PAA Series: Management Themes (Part 5)

In Management Themes (Part 4), we completed our discussion on exploration and discovery.  Through the provisions of the Petroleum Activities Act 17 of 2023...

Local Content

NewsOilNOW -

The Future of Oil in Suriname: Insights from political parties ahead of Sunday’s polls 

Paramaribo, Suriname - As Suriname approaches general elections on May 25, the nation’s burgeoning oil and gas sector stands at the forefront of political...

Regional

Latest News

NewsOilNOW -

ExxonMobil eyes US$30B in low-emission projects as Guyana sets example in cleaner oil production

ExxonMobil plans to invest up to US$30 billion in low-emission initiatives from 2025 to 2030. Nearly 65% of that spending targets emissions reductions for...
News

Exxon executive affirms stability in Guyana outlook regardless of arbitration outcome

OilNOW -
ExxonMobil’s Senior Vice President Neil Chapman said Thursday that operations and investment plans in Guyana remain “100% aligned” among...
Opinions

A plea for responsible politics ahead of September elections

OilNOW -
Dear Editor, President Irfaan Ali, over the weekend, announced that Regional and General Elections are slated for September 1. While...
News

How Suriname compares to Guyana: Lessons from a neighbor’s oil journey

OilNOW -
Just across the Corentyne River, Suriname is watching. It has seen Guyana go from oil discovery to oil power...
News

Guyana will become one of top five LatAm oil producers this year with startup of Yellowtail FPSO – Wood Mackenzie

OilNOW -
Guyana is on track to become one of the top five liquid-producing countries in Latin America (LatAm) in 2025,...
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Exploration

ExplorationOilNOW -

ExxonMobil to appraise 2022 Barreleye discovery 

ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.  The operation started on April 6, using the Stena Carron...
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Exploration

Guyana-Suriname Basin, Brazil among busiest regions this year for high-impact drill campaigns

OilNOW -
High impact exploration drilling is expected to remain stable in 2025, with 65-75 wells targeted for completion, compared to...
Exploration

Noble Developer to drill three wells offshore Suriname

OilNOW -
Noble Corporation announced on Monday that it has entered an agreement with PETRONAS Suriname E&P B.V. for the high-specification...
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Production

Guyana's Oil LedgerKemol King -

Production surges at Exxon’s Liza 2 and Payara projects

In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both the Liza 2 and Payara...
Guyana's Oil Ledger

March oil output averages 627,000 b/d as Guyana closes Q1 with strong production 

Kemol King -
Offshore oil production in Guyana averaged 627,000 barrels per day (b/d) in March 2025, a modest dip from February’s...
Guyana's Oil Ledger

Guyana’s rate of oil output increased by 5% in February

Kemol King -
Guyana’s offshore oil production rate climbed by 5% in February 2025 compared to the previous month, reaching an average...
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Discoveries

DiscoveriesOilNOW -

Petronas, ExxonMobil make third Block 52 discovery offshore Suriname 

Petronas has added to Suriname’s oil bounty with a new discovery in Block 52 at the Fusaea-1 exploration well.  The prospect is located about 170...
Discoveries

Russia strikes black gold off British Antarctic coast, 511 billion barrels worth 

OilNOW -
(Yahoo News, May 13, 2024): Russia has found huge oil and gas reserves in British Antarctic territory, potentially leading...
Discoveries

Petrobras replicates Guyana, Suriname success with second discovery at Potiguar Basin

OilNOW -
Petrobras has struck oil in a well located in Brazil’s Potiguar Basin, during a campaign it embarked on in...
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Guyana's Oil Ledger

Guyana's Oil LedgerKemol King -

Production surges at Exxon’s Liza 2 and Payara projects

In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both the Liza 2 and Payara...

Energy Insights

Energy InsightsChevy Devonish -

New lawsuit claims that the Government of Guyana’s management of the Natural Resource Fund is unlawful and unconstitutional

A local businessman has filed a lawsuit challenging the Government of Guyana’s (GoG) management of the Natural Resource Fund (the Fund) established under the...

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MODEC partners with STEMGuyana to support learning pods

MODEC has partnered with STEMGuyana to support its Learning Pods initiative, ensuring continued access to after-school education in Math, Science, English, and Technology for...

Opinions

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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