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Slovak oil refiner Slovnaft is seeking crude from Latin America as supply disruptions limit access to its traditional sources, according to S&P Global Commodity Insights in a March 27 report. The company’s Chief Executive Officer, Marek Senkovic, said Slovnaft has...

When oil and gas flows from ExxonMobil Guyana’s Stabroek Block, it travels through systems built and installed by a small group of specialized contractors. These companies are the backbone of subsea operations. TechnipFMC is one of the leading players. It...

The GranMorgu offshore project has entered full subsea build-out mode, with multiple subsea Christmas Trees (XTs) completed, according to a March 30 update by TotalEnergies Suriname General Manager Artur Nunes da Silva. The project recorded its first XT completion in...

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, said it achieved first production of liquefied natural gas (LNG) from Train 1 at its Sabine Pass Terminal in Texas, according to a March 30 press release. Alex Savva, President...

Former Suriname President Chandrikapersad Santokhi has died at the age of 67. According to Waterkant News, an ambulance was called earlier today to the former president’s home due to a medical emergency. After assistance at the scene, “it was decided...

Touchstone Exploration Inc. reported increased natural gas output in Trinidad and Tobago after bringing the Carapal Ridge 3 (CR-3) well on stream in the Central block. The company in a statement today, said the CR-3 well was successfully tied into...

ExxonMobil Guyana is advancing plans for its next development offshore Guyana, with the Haimara discovery expected to serve as the anchor for the project in the southeast section of the Stabroek Block. Company President Alistair Routledge said at a recent...

Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from optimization work across ExxonMobil’s Stabroek Block developments. Government data shows that approximately 25.7 million barrels were produced during the month across...

Oil and gas discoveries at the ExxonMobil-operated Stabroek Block are estimated to hold approximately 11 billion barrels of oil-equivalent. The resource base has positioned the South American country among the world’s fastest-growing oil producers and continues to shape development...

China’s offshore oil major CNOOC is targeting higher reserves and production in 2026, with Guyana expected to support that expansion as the company continues investing across its global upstream portfolio. The company said it aims to produce “780 million to...