News

Given the leading role hydrogen is poised to play in the energy transition, Trinidad and Tobago’s state-owned National Gas Company (NGC) and its wholly-owned subsidiary, National Energy, in collaboration with the independent consulting firm, Kenesjay Green Limited (Kenesjay), are...

Former Speaker of the National Assembly in Guyana, Ralph Ramkarran says the South American country can use its newfound oil wealth to increase its economic and political influence on the international stage, through a bold foreign policy that reflects...

Guyana's Ministry of Natural Resources on Thursday condemned an analysis of the country's petroleum fiscal outlook, which was produced by Tom Sanzillo, Director of the United States based Institute for Energy Economics and Financial Analysis (IEEFA). Sanzillo, whose comments were...

Australian companies, BHP and Woodside, announced Wednesday that they completed their all-stock merger. The merger’s effective date, according to BHP, is July 1. BHP’s Chief Executive Officer, Mike Henry said, “The merger of our petroleum assets with Woodside creates a global energy...

Intent on strengthening the economy and securing the future of firms in the petrochemicals industry, Trinidad and Tobago’s Prime Minister, Dr. Keith Rowley has announced that his country will explore the gas potential of acreage in shared borders with...

By the end of 2022, Staatsolie Maatschappij Suriname N.V., Suriname’s National Oil Company (NOC) is set to auction off the country’s deepwater blocks; another auction is reportedly planned for the shallow blocks by mid-2023. Annand Jagesar, Staatsolie’s Managing Director told Reuters...

In a matter of weeks, the Government of Guyana is looking to complete its cost audit of ExxonMobil’s Stabroek Block operations for the period 1999 to 2017. Vice President Dr. Bharrat Jagdeo made the disclosure during a press conference...

For a country with over 110 years of experience in the oil and gas sector, it is an unfortunate fact that talk of Trinidad and Tobago’s local content capacity have become nearly non-existent. This is the view of the...

Guyana’s Vice President Dr. Bharrat Jagdeo said the government will “definitely have to revise timelines” for the delivery of its major hydropower project at the remote Amaila Falls. After six months of negotiations with the contractor, China Railway Group Limited (CRGL),...

This week, at Guyana’s National Procurement and Tender Administration Board (NPTAB), the tenders that were submitted by six companies to supply and deliver electric vehicle charging stations were finally opened. According to the board minutes posted on NPTAB's website, the...