OilNOW

OilNOW OilNOW - Providing Breaking News & Updates on Guyana's Oil & Gas Industry Oil & Gas Information and Resource Centre
(1)

India is buying up some of Guyana’s crude displaced by oversupply in Europe, according to analysts on an S&P Global Comm...
25/11/2025

India is buying up some of Guyana’s crude displaced by oversupply in Europe, according to analysts on an S&P Global Commodity Insights oil markets podcast published October 30.

Europe, usually the largest buyer of Guyanese crude, has become saturated with sweet barrels, tightening competition and depressing differentials.

READ MORE HERE: https://oilnow.gy/featured/india-buying-guyana-oil-displaced-by-oversupply-in-europe/

The third quarter edition of Energy Magazine highlights the determined rise of Nkosi Sandy, whose path from banksman to ...
23/11/2025

The third quarter edition of Energy Magazine highlights the determined rise of Nkosi Sandy, whose path from banksman to Shore Base Supervisor at Guyana Shore Base Inc. (GYSBI) shows how opportunity and perseverance can transform a life.

The 33-year-old mother of two entered the sector looking for a new direction. “I always wanted to be a mechanic, but that didn’t play out,” she said. “When I heard about the oil and gas industry, I said let me go and take a try and see how this is going to play out for me.”

READ MORE HERE: https://oilnow.gy/featured/from-banksman-to-shore-base-leader-nkosi-sandys-rise-in-guyanas-oil-and-gas-industry/

The four floating production, storage and offloading vessels operating in the Stabroek Block have become the backbone of...
23/11/2025

The four floating production, storage and offloading vessels operating in the Stabroek Block have become the backbone of Guyana’s offshore industry, each larger and more advanced than the last.

Together, Liza Destiny, Liza Unity, Prosperity and ONE GUYANA have pushed national output beyond 900,000 barrels per day, demonstrating how quickly ExxonMobil has scaled deep-water production in less than a decade.

READ MORE HERE: https://oilnow.gy/featured/guyanas-four-fpsos-set-a-new-pace-for-deep-water-oil-development/

Guyana has officially become the world’s largest oil producer per capita, a status long predicted since 2021 and now con...
22/11/2025

Guyana has officially become the world’s largest oil producer per capita, a status long predicted since 2021 and now confirmed following the rise in national output to 900,000 barrels per day on November 12, 2025.

The milestone was confirmed, following the full ramp-up of production across the Stabroek Block developments. The country, with a population of roughly 750,000, now produces more oil per person than any other nation.

READ MORE HERE: https://oilnow.gy/news/guyana-secures-title-as-worlds-largest-oil-producer-per-capita/

Guyana received US$228 million (GY$48 billion) in oil revenues in October, according to the latest update on the operati...
22/11/2025

Guyana received US$228 million (GY$48 billion) in oil revenues in October, according to the latest update on the operations of the Natural Resource Fund (NRF).

The month’s inflows to the Fund comprised US$83 million (GY$17 billion) in royalties from crude produced and sold in the third quarter.

READ MORE HERE: https://oilnow.gy/featured/guyana-oil-fund-gets-us228-million-in-october/

Address

1274 Caneview Avenue, South Ruimveldt Park, Guyana South America
Georgetown

Website

Alerts

Be the first to know and let us send you an email when OilNOW posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to OilNOW:

Shortcuts

Share

Category