News

Along with a comprehensive review of its tax system, bid rounds for 17 deep water blocks, and the pursuit of gas exploration in cross border acreage to attract deep-pocket investors; the Government of Trinidad and Tobago says it is...

Suriname’s Energy, Oil and Gas Summit and Exhibition (SEOGS) will be making a return for its second edition, at a time when the South American nation is poised to be a major player in the global energy industry. Staatsolie Maatschappij...

UTC Overseas, an international freight forwarding, and cargo logistics company headquartered in Houston, has expanded its operations in Guyana after teaming up with the South American country’s largest shore base contractor, Guyana Shore Base Inc. (GYSBI). GYSBI’s 130-acre supply base...

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...