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Migrant surge pushes Guyana population to one million mark

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Guyana’s population is approaching the one-million mark after a decade of rapid growth, according to preliminary census data that show the country’s demographic expansion accelerating alongside a period of strong economic performance. Guyana’s population stood at 878,674 in September 2022,...
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Cabinet decision pending on Petrotrin restart as refinery report moves to final stage – TT Energy Minister 

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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...
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Venezuela could add up to 300,000 b/d within months if conditions align – Wood Mackenzie

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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...
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Touchstone seeks partner for onshore Cretaceous drilling campaign in Trinidad

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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....
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Guyana’s next development targeting close to one billion barrels of oil

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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...
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Suriname Oil & Gas: What to Look Forward to in 2026

Işıl Güneş -
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,...
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Leveraging oil exports key to getting change in Venezuela – U.S. Energy Secretary

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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....
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Exxon cautions against return to Venezuela’s oil industry, says technical evaluation crucial before investment

Trichell Sobers -
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...
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GranMorgu on track as project reaches 25% progress, Staatsolie says

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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...
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Scaling oil reserves cement Guyana’s place as a global energy powerhouse – Canadian strategist

Trichell Sobers -
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...
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Middle East tensions could lift Guyana’s oil revenues, but capacity risks remain – Orinoco Research

Rising geopolitical instability in the Middle East could increase oil revenues for Guyana while also exposing capacity constraints across...

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