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Trinidad and Tobago’s Cabinet is expected to consider recommendations on restarting the Petrotrin refinery after the Ministry of Energy and Energy Industries completed its review of a recently submitted committee report. Energy Minister Roodal Moonilal gave the update on January...

Venezuela could raise oil production by 200,000 to 300,000 barrels per day (b/d) in the coming months if upstream investment resumes under the right conditions, according to a January 6 report by Wood Mackenzie, a global research and consultancy...

Touchstone Exploration is seeking a strategic partner to participate in drilling up to six high-impact onshore Cretaceous exploration prospects across the Central Range and Southern basins of Trinidad and Tobago. The opportunity is being advanced through Touchstone Exploration (Trinidad) Ltd....

Guyana is preparing for its next major step in offshore oil production with the Uaru development, ExxonMobil’s upcoming project in the Stabroek Block. Rather than opening a new frontier, Uaru deepens production in an already proven basin. The project is...

PARAMARIBO, SURINAME – Suriname’s oil and gas sector is set for a pivotal 2026 as it transitions from exploration promise toward project delivery and commercial decisions. With offshore developments advancing and several key milestones due this year, industry stakeholders,...

United States Energy Secretary Chris Wright has disclosed plans to leverage control over Venezuela’s oil exports and revenue generated by the Spanish-speaking nation.  In a January 7 press conference in Washington, Wright said the move is central to the U.S....

Exxon Mobil has cautioned that any return to Venezuela’s oil sector will depend on major legal reforms and a detailed technical assessment of the country’s assets. Exxon’s Chairman and Chief Executive Officer, Darren Wood, has stressed that the country remains...

Suriname’s offshore GranMorgu oil project is progressing as planned, with overall development now 25% complete, according to Staatsolie. The update was released by the state oil firm on December 30. Staatsolie said construction of the floating production, storage and offloading...

Guyana is emerging as one of the world’s most strategically positioned oil producers. Expanding offshore reserves and easing geopolitical pressures are strengthening its position as a long-term energy powerhouse, according to Canadian energy strategist Steven Rowles. Speaking on BNN Bloomberg...

Chevron is positioning itself for rapid growth in Venezuela as the United States signals support for renewed investment following the country’s political transition, with US President Donald Trump urging major oil companies to pour US$100 billion into expanding Venezuelan...